Revenue: US$267.4m (up 25% from 3Q 2024).
Net income: US$27.0m (up 11% from 3Q 2024).
Profit margin: 10% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses.
EPS: US$0.24 (up from US$0.22 in 3Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%.
Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US.
Performance of the American Hospitality industry.
The company’s shares are up 3.9% from a week ago.
We should say that we’ve discovered 1 warning sign for MakeMyTrip that you should be aware of before investing here.
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