Grandshores Technology Group Full Year 2024 Earnings: EPS: S$0.002 (vs S$0.005 loss in FY 2023)

Grandshores Technology Group (HKG:1647) Full Year 2024 Results

Key Financial Results

• Revenue: S$84.5m (up 46% from FY 2023).
• Net income: S$2.21m (up from S$6.43m loss in FY 2023).
• Profit margin: 2.6% (up from net loss in FY 2023).
• EPS: S$0.002 (up from S$0.005 loss in FY 2023).

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 Integrated Building Services segment contributing a total revenue of S$56.1m (66% of total revenue). Notably, cost of sales worth S$66.9m amounted to 79% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to S$15.7m (99% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of S$416.2k. Explore how 1647's revenue and expenses shape its earnings.

Grandshores Technology Group shares are down 10.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 5 warning signs for Grandshores Technology Group (3 are significant!) that we have uncovered.

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