Paragon Care Full Year 2024 Earnings: Beats Expectations

Paragon Care (ASX:PGC) Full Year 2024 Results

Key Financial Results

• Revenue: AU$2.97b (up 36% from FY 2023).
• Net income: AU$8.38m (down 35% from FY 2023).
• Profit margin: 0.3% (down from 0.6% in FY 2023).
• EPS: AU$0.009 (down from AU$0.014 in FY 2023).

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

Paragon Care Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 29%.

In the last 12 months, the only revenue segment was Distribution of Pharmaceuticals and Medical Consumables to The Healthcare Market contributing AU$2.97b. Notably, cost of sales worth AU$2.79b amounted to 94% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to AU$85.4m (51% of total expenses). Explore how PGC's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Healthcare industry in Australia.

Performance of the Australian Healthcare industry.

The company's shares are up 8.6% from a week ago.

Risk Analysis

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

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