Fintech
Loss of CN¥0.007 per share (compared to loss of CN¥0.007 in fiscal 2023)
FinTech Chain (ASX:FTC) Full year 2024 results
Key Financial Results
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Revenue: CN¥45.1 million (down 23% from fiscal 2023).
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Net loss: CN¥4.72 million (unchanged from fiscal 2023).
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Loss of CN¥0.007 per share (in line with fiscal 2023).
distribution-of-revenues-and-expenditures
All figures shown in the chart above refer to the trailing 12-month (TTM) period.
Over the last 12 months, the only revenue segment was Software & Programming, which contributed CN¥45.1 million. In particular, the cost of sales of CN¥26.9 million accounted for 60% of total revenue, thus underlining the impact on earnings. The largest operating expense was general and administrative expenses, which amounted to CN¥15.7 million (69% of total expenses). Learn how the FTC’s revenues and expenses affect its earnings.
FinTech Chain’s stock price remained essentially unchanged from last week.
Risk analysis
However, it is necessary to consider the ever-present spectre of investment risk. We have identified 4 warning signs with the FinTech chainand understanding them should be part of your investment process.
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This article by Simply Wall St is of a general nature. We provide commentary based on historical data and analyst forecasts using only an unbiased methodology and our articles are not intended to constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with focused, long-term analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any of the stocks mentioned.
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