NetaGo Technology Company
1483.HK
HKD1.080 -3.57%
Exchange: HKSE | Sector: Industrials | Industry: Waste Management
Q3 2024
Published: Sep 30, 2024

Earnings Highlights

  • Revenue of $94.65M up 98.5% year-over-year
  • EPS of $-0.02 decreased by 2.9% from previous year
  • Gross margin of 2.1%
  • Net income of -9.08M
  • "N/A" - N/A
1483.HK
Company 1483.HK

Executive Summary

NetaGo Technology reported QQ3 2024 revenue of HKD 94.65 million, up 98.5% year over year from HKD 47.68 million in QQ3 2023, driven by expansion in janitorial and waste-management services. However, the quarter ended with a significant operating loss of HKD 40.15 million and a net loss of HKD 9.08 million, as gross margin remained thin at approximately 2.07% and SG&A plus operating costs outweighed top-line gains. EBITDA deteriorated to HKD -51.96 million, underscoring structural cost headwinds and the need for margin optimization.

Key Performance Indicators

Revenue
Increasing
94.65M
QoQ: -10.22% | YoY: 98.49%
Gross Profit
Decreasing
1.96M
2.07% margin
QoQ: -70.84% | YoY: -60.54%
Operating Income
Decreasing
-40.15M
QoQ: -785.89% | YoY: -93.31%
Net Income
Increasing
-9.08M
QoQ: -88.63% | YoY: 44.83%
EPS
Decreasing
-0.02
QoQ: -295.16% | YoY: -2.94%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 180.70 0.03 +90.9% View
Q1 2025 90.35 0.02 +71.4% View
Q4 2024 94.65 -0.02 -0.8% View
Q3 2024 94.65 -0.02 +98.5% View