NextEd Group Full Year 2024 Earnings: EPS Misses Expectations

Simply Wall St · 08/30 21:59

NextEd Group (ASX:NXD) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$111.4m (up 8.9% from FY 2023).
  • Net loss: AU$31.2m (down from AU$3.61m profit in FY 2023).
  • AU$0.14 loss per share (down from AU$0.017 profit in FY 2023).
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ASX:NXD Earnings and Revenue Growth August 30th 2024

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

NextEd Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 6.2% growth forecast for the Consumer Services industry in Australia.

Performance of the Australian Consumer Services industry.

The company's shares are up 55% from a week ago.

Risk Analysis

You still need to take note of risks, for example - NextEd Group has 3 warning signs (and 1 which doesn't sit too well with us) we think you should know about.