FinTech Chain Full Year 2024 Earnings: CN¥0.007 loss per share (vs CN¥0.007 loss in FY 2023)

FinTech Chain (ASX:FTC) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥45.1m (down 23% from FY 2023).

• Net loss: CN¥4.72m (flat on FY 2023).

• CN¥0.007 loss per share (in line with FY 2023).

revenue-and-expenses-breakdown

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

In the last 12 months, the only revenue segment was Software & Programming contributing CN¥45.1m. Notably, cost of sales worth CN¥26.9m amounted to 60% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥15.7m (69% of total expenses). Explore how FTC's revenue and expenses shape its earnings.

FinTech Chain's share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with FinTech Chain, and understanding them should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com