Reported Q: Q3 2024 Rev YoY: -4.0% EPS YoY: -5.3% Move: -0.87%
Bedding World Co Ltd
2938.TWO
TWD22.70 -0.87%
Exchange TWO Sector Consumer Cyclical Industry Furnishings Fixtures Appliances
Q3 2024
Published: Sep 30, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for 2938.TWO

Reported

Report Date

Sep 30, 2024

Quarter Q3 2024

Revenue

211.19M

YoY: -4.0%

EPS

1.07

YoY: -5.3%

Market Move

-0.87%

Previous quarter: N/A

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Earnings Highlights

  • Revenue of $211.19M down 4% year-over-year
  • EPS of $1.07 decreased by 5.3% from previous year
  • Gross margin of 69.1%
  • Net income of 21.58M
  • "Not available in the provided dataset" -
2938.TWO
Company 2938.TWO

Executive Summary

Bedding World Co Ltd delivered a solid QQ3 2024 performance with a resilient gross margin and positive free cash flow, despite a modest year-over-year revenue decline. Reported revenue of 211,185,500 TWD marked a YoY decrease of 3.99% but QoQ growth of 0.18%. Gross profit reached 145,847,000 TWD, yielding a robust gross margin of 69.06%, anchored by favorable product mix and pricing discipline. Operating income was 29,752,000 TWD (operating margin 14.09%), and net income stood at 21,584,000 TWD (net margin 10.22%), with EPS of 1.07 TWD for the quarter. EBITDA was 36,883,000 TWD, translating to an EBITDA margin of 17.46%. The company generated positive operating cash flow of 66,421,499 TWD and free cash flow of 58,029,000 TWD, underscoring strong cash-generation capabilities even as the company maintained a leverage footprint.

Key Performance Indicators

Revenue
Decreasing
211.19M
QoQ: 0.18% | YoY: -3.99%
Gross Profit
Decreasing
145.85M
69.06% margin
QoQ: 1.09% | YoY: -1.07%
Operating Income
Decreasing
29.75M
QoQ: -4.03% | YoY: -5.10%
Net Income
Decreasing
21.58M
QoQ: 0.66% | YoY: -5.55%
EPS
Decreasing
1.07
QoQ: 0.94% | YoY: -5.31%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 353.74 0.54 +67.5% View
Q1 2025 176.87 0.27 -14.7% View
Q4 2024 211.19 1.07 -52.0% View
Q3 2024 211.19 1.07 -4.0% View