Lifestyle Community (ASX:LIC) H1 2024 Results
Main financial results
-
Revenue: AUD 99.8 million (up 7.6% compared to 1H 2023).
-
Net profit: AUD 20.8 million (down 18% compared to 1H 2023).
-
Margin: 21% (down from 27% in 1H 2023).
-
EPS: AU$0.20 (down from AU$0.24 in H1 2023).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Lifestyle Community Revenue Insights
Looking ahead, revenues are expected to increase by an average of 23% per year over the next three years, compared to a growth forecast of 7.5% for the Australian real estate industry.
performance of Australian real estate industry.
The company's stock price has fallen 18% from a week ago.
risk analysis
For example, lifestyle communities need to be aware of risks. two warning signs I think you should know.
Have feedback on this article? Curious about its content? contact Please contact us directly. Alternatively, email our editorial team at Simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodologies, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.