Privasia Technology Berhad (KLSE:PRIVA) recently released its First Quarter 2024 financial results, showing a significant increase in revenue compared to the same period in 2023. In the first quarter of 2024, the company reported revenue of RM15.6 million, a 50% increase year-over-year. However, net income decreased by 31% to RM656.4k, resulting in a lower profit margin of 4.2% compared to 9.1% in the first quarter of 2023. Earnings per share also decreased to RM0.001 from RM0.002 in the previous year.
Despite this, it is important to consider the risks associated with investing in the company. Privasia Technology Berhad has been flagged with 4 warning signs that investors should be aware of, indicating potential risks to consider. If you have any feedback on this article or concerns about the content presented, you can reach out to the editorial team directly or email editorial-team (at) simplywallst.com. It is important to note that this article by Simply Wall St is intended for general informational purposes only. The analysis provided is based on historical data and analyst forecasts using an unbiased methodology, and should not be interpreted as financial advice
