Qoria Full Year 2024 Earnings: Misses Expectations

Qoria (ASX:QOR) Full Year 2024 Results

Key Financial Results

• Revenue: AU$101.9m (up 24% from FY 2023).
• Net loss: AU$54.8m (loss narrowed by 37% from FY 2023).
• AU$0.049 loss per share (improved from AU$0.10 loss in FY 2023).

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

Qoria Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 3.9%.

The primary driver behind last 12 months revenue was the United States of America (USA) segment contributing a total revenue of AU$37.6m (37% of total revenue). The largest operating expense was General & Administrative costs, amounting to AU$89.4m (67% of total expenses). Explore how QOR's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia.

Performance of the Australian Software industry.

The company's shares are down 2.5% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Qoria that you should be aware of.

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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.