DUG Technology Full Year 2024 Earnings: EPS Beats Expectations

In this article:

DUG Technology (ASX:DUG) Full Year 2024 Results

Key Financial Results

  • Revenue: US$68.3m (up 34% from FY 2023).

  • Net income: US$2.77m (down 45% from FY 2023).

  • Profit margin: 4.1% (down from 9.8% in FY 2023). The decrease in margin was driven by higher expenses.

  • EPS: US$0.023 (down from US$0.042 in FY 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

DUG Technology EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Australia.

Performance of the Australian Software industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for DUG Technology (1 is significant!) 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.