Etihad Atheeb Telecommunication Full Year 2024 Earnings: EPS: ر.س6.43 (vs ر.س4.72 in FY 2023)
Etihad Atheeb Telecommunication (TADAWUL:7040) Full Year 2024 Results
Key Financial Results
- Revenue: ر.س1.02b (up 61% from FY 2023).
- Net income: ر.س194.7m (up 358% from FY 2023).
- Profit margin: 19% (up from 6.7% in FY 2023).
- EPS: ر.س6.43 (up from ر.س4.72 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the Kingdom of Saudi Arabia segment contributing a total revenue of ر.س1.02b (100% of total revenue). Notably, cost of sales worth ر.س710.6m amounted to 70% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to ر.س102.2m (65% of total expenses). Over the last 12 months, the company’s earnings were enhanced by non-operating gains of ر.س46.6m. Explore how 7040’s revenue and expenses shape its earnings.
Etihad Atheeb Telecommunication shares are down 7.2% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we’ve spotted 3 warning signs for Etihad Atheeb Telecommunication you should be aware of, and 2 of them are significant.
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Find out whether Etihad Atheeb Telecommunication is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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Valuation is complex, but we’re helping make it simple.
Find out whether Etihad Atheeb Telecommunication is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
