Being AI Full Year 2024 Earnings: NZ$0.001 loss per share (vs NZ$0.002 profit in FY 2023)

Being AI (NZSE:BAI) Full Year 2024 Results

Key Financial Results

• Revenue: NZ$40.4m (down 7.7% from FY 2023).

• Net loss: NZ$1.07m (down by 162% from NZ$1.72m profit in FY 2023).

• NZ$0.001 loss per share (down from NZ$0.002 profit in FY 2023).

revenue-and-expenses-breakdown

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 Courier, Mail & Logistics segment contributing a total revenue of NZ$36.2m (89% of total revenue). Notably, cost of sales worth NZ$32.2m amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to NZ$5.25m (57% of total expenses). Explore how BAI's revenue and expenses shape its earnings.

Being AI's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Being AI (2 are a bit unpleasant) you should be aware of.

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