Neuren Pharmaceuticals Full Year 2024 Earnings: Beats Expectations
Neuren Pharmaceuticals (ASX:NEU) Full Year 2024 Results
Key Financial Results
- Revenue: AU$216.8m (down 6.5% from FY 2023).
- Net income: AU$142.0m (down 9.6% from FY 2023).
- Profit margin: 66% (down from 68% in FY 2023).
- EPS: AU$1.11 (down from AU$1.24 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Neuren Pharmaceuticals Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 21%.
In the last 12 months, the only revenue segment was Commercial Products contributing AU$213.2m. The most substantial expense, totaling AU$37.1m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how NEU's revenue and expenses shape its earnings.
Looking ahead, revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Pharmaceuticals industry in Australia are expected to grow by 44%.
Performance of the Australian Pharmaceuticals industry.
The company's shares are down 7.9% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Neuren Pharmaceuticals that you need to take into consideration.
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