CURVES HOLDINGS Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St · 10/17 22:32

CURVES HOLDINGS (TSE:7085) Full Year 2024 Results

Key Financial Results

  • Revenue: JP¥35.5b (up 18% from FY 2023).
  • Net income: JP¥3.57b (up 40% from FY 2023).
  • Profit margin: 10% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue.
  • EPS: JP¥38.75 (up from JP¥27.71 in FY 2023).
    revenue-and-expenses-breakdown
    TSE:7085 Revenue and Expenses Breakdown October 17th 2024

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

    CURVES HOLDINGS EPS Beats Expectations, Revenues Fall Short

    Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 4.3%.

    In the last 12 months, the only revenue segment was Curves Business contributing JP¥35.5b. Notably, cost of sales worth JP¥20.3b amounted to 57% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to JP¥9.69b (84% of total expenses). Explore how 7085's revenue and expenses shape its earnings.

    Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Hospitality industry in Japan.

    Performance of the Japanese Hospitality industry.

    The company's share price is broadly unchanged from a week ago.

    Risk Analysis

    We should say that we've discovered 1 warning sign for CURVES HOLDINGS that you should be aware of before investing here.