Videndum Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Net loss: UK£147.0m (loss widened by UK£134.9m from FY 2023).
UK£1.56 loss per share (further deteriorated from UK£0.24 loss in FY 2023).
We've discovered 3 warning signs about Videndum. View them for free.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates significantly.
The primary driver behind last 12 months revenue was the Media Solutions segment contributing a total revenue of UK£133.0m (47% of total revenue). Notably, cost of sales worth UK£189.2m amounted to 67% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling UK£125.3m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how VID's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Consumer Durables industry in the United Kingdom.
Performance of the British Consumer Durables industry.
The company's shares are up 9.3% from a week ago.
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Videndum (at least 2 which can't be ignored), and understanding these should be part of your investment process.
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.
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