Yahoo Finance Computer Modelling Group Full Year 2024 Earnings: EPS Beats Expectations
Computer Modelling Group (TSE:CMG) Full Year 2024 Results
Key Financial Results
Revenue: CA$108.7m (up 47% from FY 2023).
Net income: CA$26.3m (up 33% from FY 2023).
Profit margin: 24% (down from 27% in FY 2023). The decrease in margin was driven by higher expenses.
EPS: CA$0.32 (up from CA$0.25 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Computer Modelling Group EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%.
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in Canada.
Performance of the Canadian Software industry.
The company's shares are up 3.5% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Computer Modelling Group (1 is concerning!) that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
