Third Age Health Services (NZSE:TAH) has released its full year 2024 financial results, showing significant growth in key financial indicators. The company’s revenue reached NZ$15.2m, up 35% from the previous fiscal year. Net income also saw a substantial rise, reaching NZ$1.38m, up 215% from FY 2023. The profit margin improved to 9.1%, compared to 3.9% in FY 2023, driven by the higher revenue. Additionally, earnings per share (EPS) increased to NZ$0.14 from NZ$0.044 in FY 2023.
Despite these positive results, investors should remain cautious as there are still risks involved with Third Age Health Services. The company has been flagged with three warning signs, two of which are concerning for potential investors to be aware of before making any investment decisions.
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Investors must carefully consider all risks associated with investing in Third Age Health Services before making any investment decisions.
