NISN Earnings Prediction
The chart below shows how NISN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NISN sees a +0.00% change in stock price 10 days leading up to the earnings, and a +0.00% change 10 days following the report. On the earnings day itself, the stock moves by +0.00%. This data can give you a slight idea of what to expect for the next quarter's release.
NISN Key Earning Data
2024/Q4
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NISN Earnings Analysis
NiSun International Enterprise Development Group Co., Ltd. Class A Common Shares Corporation (NISN.O) Earnings Conference Call
Positive
Revenue Increase of 52%: Total revenue rose by 52% to $192.5 million compared to $126.9 million in the same period last year.
Supply Chain Revenue Surge: The supply chain trading business shows significant growth with revenue increasing by 114% to $142.1 million from $66.2 million in the same period last year, driven by our growing market share in the gold trade trading sector.
Operating Expenses Reduction: Operating expenses declined by 31% to $5.7 million from $8.2 million in the same period last year, largely due to a reduction in selling expenses, which fell by 69% to $0.8 million from $2.6 million in the same period last year.
Share Buyback Program Approval: We have approved a new $15 million share buyback program, reflecting management's confidence in the company's future.
Net Income Decline: Net income totaled $10.3 million, down from $11.4 million a year earlier, primarily due to a lower gross profit, but we remain optimistic about future growth.
Negative
SME Financing Revenue Decline: Revenue from SME financing services decreased by 16% to $48.5 million from $58 million in the same period last year, primarily due to challenging financing market conditions resulting from China's economic slowdown.
Supply Chain Financing Decline: Revenue from supply chain financing solutions dropped by 30% to $1.9 million from $2.7 million in the same period last year for similar reasons.
Cost of Revenue Increase: Cost of revenue increased by 64% to $175.3 million from $107.1 million in the same period last year, primarily due to the expansion of the lower margin supply chain trading business.
Gross Profit Decline: Gross profit decreased by 13% to $17.2 million from $19.8 million in the same period last year, with growth margin narrowing to 9% from 15.6% in the same period last year.
Net Income Decline: Net income totaled $10.3 million, down from $11.4 million a year earlier, primarily due to a lower gross profit.
NISN FAQs
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NISN Earning Call Sentiment
Nisun International Enterprise Development Group Co., Ltd (NISN) Q2 2024 Earnings Call Transcript
1.0x
00:00
00:00
NISN.O
1.19%Positive
The earnings call highlights several concerns: declining cash reserves, narrowing margins, and a decrease in net income and EPS. Despite a strong revenue growth in supply chain trading, the overall financial health is shaky due to economic slowdown in China and competitive pressures. The share buyback program is a positive, but the vague response on dividends and the lack of clear guidance on future profitability add uncertainty. The negative sentiment in the Q&A further supports a negative outlook, likely resulting in a stock price decline of -2% to -8% over the next two weeks.