Financial PerformanceEquita’s 4Q24 results were softer than estimates, both at the top and bottom line, with each business unit’s revenue declining double digit year-over-year, leading to a -9% drop in FY24 total revenue in a still challenging environment for equity capital markets.
ProfitabilityEquita reported 4Q24 net profit of EUR 4.2M vs. EUR 6.9M in 4Q23, below estimate of EUR 5.3M, with lower-than-expected revenues, driven by the Investment Banking and AAM.