Many Idea Cloud Holdings Full Year 2024 Earnings: CN¥3.17 loss per share (vs CN¥0.83 profit in FY 2023)

Many Idea Cloud Holdings (HKG:6696) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥1.79b (up 50% from FY 2023).
• Net loss: CN¥185.5m (down from CN¥33.1m profit in FY 2023).
• CN¥3.17 loss per share (down from CN¥0.83 profit 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 Digital Marketing segment contributing a total revenue of CN¥1.44b (80% of total revenue). Notably, cost of sales worth CN¥1.66b amounted to 93% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥149.3m (48% of total expenses). Explore how 6696's revenue and expenses shape its earnings.

Many Idea Cloud Holdings shares are down 19% from a week ago.

Risk Analysis

Be aware that Many Idea Cloud Holdings is showing 5 warning signs in our investment analysis and 4 of those don't sit too well with us...

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