Third Age Health Services (NZSE:TAH) reported its full year 2024 financial results, showing impressive growth. The company’s revenue increased by 35% from the previous fiscal year to NZ$15.2m, while net income saw a substantial increase of 215% to NZ$1.38m. The profit margin also rose to 9.1%, up from 3.9% in FY 2023, driven by the higher revenue. Earnings per share improved to NZ$0.14 from NZ$0.044 in the previous year.
While these results are positive, it is important for investors to be aware of the risks associated with investing in Third Age Health Services. The company has identified three warning signs, with two that are concerning. It is crucial for investors to consider these risks before making any investment decisions.
Despite the risks, Third Age Health Services’ share price has remained relatively stable compared to the previous week. Investors should carefully evaluate all factors before making any investment decisions.
This article by Simply Wall St provides general information based on historical data and analyst forecasts and should not be considered financial advice or take into account individual objectives or financial situations.
Simply Wall St does not have a position in any of the stocks mentioned and aims to provide a long-term perspective using fundamental data.
It is essential to note that this analysis may not include the most recent company announcements or qualitative information, so investors should always do their own research before making any investment decisions.
In summary, while Third Age Health Services reported strong financial results for FY 2024, investors should be aware of the risks associated with investing in this company and carefully evaluate all factors before making any decisions.
