Yahoo Finance Kainos Group Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
Kainos Group (LON:KNOS) Full Year 2024 Results
Key Financial Results
Revenue: UK£382.4m (up 2.0% from FY 2023).
Net income: UK£48.7m (up 17% from FY 2023).
Profit margin: 13% (up from 11% in FY 2023).
EPS: UK£0.39 (up from UK£0.34 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Kainos Group EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 1.0%.
The primary driver behind last 12 months revenue was the Digital Services segment contributing a total revenue of UK£213.1m (56% of total revenue). Notably, cost of sales worth UK£195.1m amounted to 51% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£128.1m (92% of total expenses). Explore how KNOS's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the IT industry in the United Kingdom.
Performance of the British IT industry.
The company's shares are up 15% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Kainos Group, and understanding this should be part of your investment process.
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