CLWT
Euro Tech Holdings
Q4 2024 Report
Euro Tech Holdings Company Limited (CLWT) Q4 2024 Financial Results Analysis...
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Executive Summary
Euro Tech Holdings Company Limited (CLWT) reported a significant turnaround in its financial performance for Q3 2023, with net income soaring by 276.67% year-over-year to $1,041,500, translating to earnings per share (EPS) of $0.13. Despite a 37.27% decline in revenue to $4,991,500 from Q2, the company demonstrated robust operational efficiency with an operating income margin that saw a remarkable 133.08% increase progressively. This performance can largely be attributed to improved cost management and strategic sales initiatives targeting government and commercial contracts in the pollution control and water treatment sectors.
Key Performance Indicators
Revenue
4.99M
QoQ: -37.27% | YoY:21.46%
Gross Profit
1.18M
23.67% margin
QoQ: -21.13% | YoY:-13.44%
Operating Income
236.50K
QoQ: 133.08% | YoY:-22.71%
Net Income
1.04M
QoQ: 508.43% | YoY:276.67%
EPS
0.13
QoQ: 493.94% | YoY:283.48%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue**: $4,991,500 (YoY increase of 21.46%, QoQ decrease of 37.27%)
- **Gross Profit**: $1,181,500 (YoY decrease of 13.44%, QoQ decrease of 21.13%)
- **Operating Income**: $236,500 (YoY decrease of 22.71%, QoQ increase of 133.08%)
- **Net Income**: $1,041,500 (YoY increase of 276.67%, QoQ increase of 508.43%)
- **EPS**: $0.13 (YoY increase of 283.48%, QoQ increase of 493.94%) ### Financial Health