Vilniaus Baldai (VBL1L) Q4 2024 earnings summary

Executive summary

• Revenue for FY2024 was €97,272 thousand, with net profit of €10,806 thousand and EBITDA of €17,702 thousand, marking a significant turnaround from the prior year's net loss.

• Q4 FY2024 revenue was €25,460 thousand, net profit €2,905 thousand, and EBITDA €4,789 thousand.

• FY2023 revenue was €97,868 thousand, with a net loss of €1,589 thousand and EBITDA of €8,772 thousand.

Financial highlights

• Gross profit for FY2024 was €18,997 thousand, up from €7,746 thousand in FY2023.

• Earnings per share for FY2024 reached €2.78, compared to €0.41 in FY2023.

• Total assets increased to €84,885 thousand as of August 31, 2024, from €81,451 thousand a year earlier.

• Equity rose to €38,949 thousand from €28,122 thousand year-over-year.

Outlook and guidance

• No significant events occurred after the reporting period up to the statement confirmation date.