CTOS Digital Berhad (KLSE:CTOS) First Quarter 2024 Results
Key Financial Results
-
Revenue: RM71.6m (up 20% from 1Q 2023).
-
Net income: RM20.8m (up 26% from 1Q 2023).
-
Profit margin: 29% (up from 28% in 1Q 2023). The increase in margin was driven by higher revenue.
-
EPS: RM0.009 (up from RM0.007 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CTOS Digital Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 13% pa on average during the next 3 years, compared to a 10% growth forecast for the Professional Services industry in Asia.
Performance of the market in Malaysia.
The company’s share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for CTOS Digital Berhad that you need to take into consideration.
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 into account 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.
){kind=link}