Sarine Technologies (SGX:U77) Full Year 2024 Results

Key Financial Results

• Revenue: US$39.2m (down 8.7% from FY 2023).
• Net income: US$1.07m (up from US$2.80m loss in FY 2023).
• Profit margin: 2.7% (up from net loss in FY 2023).
• EPS: US$0.003 (up from US$0.008 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 India segment contributing a total revenue of US$19.4m (49% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to US$11.0m (49% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of US$405.0k. Explore how U77's revenue and expenses shape its earnings.

Sarine Technologies shares are down 4.3% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Sarine Technologies that you should be aware of before investing here.

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