Financial Market

Dubai Financial Market P.J.S.C First Quarter 2024 Earnings: EPS: د.إ0.011 (vs د.إ0.004 in 1Q 2023)

Dubai Financial Market P.J.S.C (DFM:DFM) First Quarter 2024 Results

Key Financial Results

  • Revenue: د.إ148.1m (up 64% from 1Q 2023).
  • Net income: د.إ89.6m (up 152% from 1Q 2023).
  • Profit margin: 61% (up from 40% in 1Q 2023). The increase in margin was driven by higher revenue.
  • EPS: د.إ0.011 (up from د.إ0.004 in 1Q 2023).
DFM:DFM Earnings and Revenue Growth May 1st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dubai Financial Market P.J.S.C Earnings Insights

Looking ahead, revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Asia are expected to grow by 8.2%.

Performance of the market in United Arab Emirates.

The company’s shares are up 1.5% from a week ago.

Balance Sheet Analysis

While it’s very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Dubai Financial Market P.J.S.C’s balance sheet and an in-depth analysis of the company’s financial position.

Valuation is complex, but we’re helping make it simple.

Find out whether Dubai Financial Market P.J.S.C is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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