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Keystone Law Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Keystone Law Group (LON:KEYS) Full Year 2024 Results

Key Financial Results

  • Revenue: UK£89.0m (up 18% from FY 2023).

  • Net income: UK£7.65m (up 14% from FY 2023).

  • Profit margin: 8.6% (down from 8.9% in FY 2023). The decrease in margin was driven by higher expenses.

  • EPS: UK£0.24 (up from UK£0.21 in FY 2023).

revenue-and-expenses-breakdown
revenue-and-expenses-breakdown

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

Keystone Law Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 1.4%.

In the last 12 months, the only revenue segment was Personal Services - Others contributing UK£89.0m. Notably, cost of sales worth UK£65.1m amounted to 73% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£13.7m (84% of total expenses). Explore how KEYS's revenue and expenses shape its earnings.

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Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in the United Kingdom.

Performance of the British Professional Services industry.

The company's shares are down 3.8% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Keystone Law Group.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.