Helios Towers Turns Profit Amid Revenue Growth in FY2024

Helios Towers sees turnaround with profits in FY2024, indicating positive growth. The company reported tenure growth and an optimistic outlook for FY2025, signaling potential benefits for investors.

Date: 13-03-2025

AI Rating: 7

Profitability Improvements - Helios Towers made a notable recovery in fiscal 2024, posting a profit before tax of $44.2 million, compared to a loss of $112.2 million last year. This turnaround suggests effective operational changes and enhances investor sentiment.

Earnings Per Share - The company recorded a profit of 3 cents per share after a prior loss of 10 cents. This substantial improvement in EPS could attract investors looking for companies with recovering profitability.

Revenue Growth - Revenues climbed 10% to $792 million from last year’s $721 million. This growth indicates increasing demand for Helios Towers' services, which is a positive indicator for potential stock performance.

Tenancy Growth - The reported 9% increase in tenancies to 29,406 highlights a strong operational foundation. The growth in tenancies typically correlates with a stable and expanding revenue base, which is favorable for future earnings.

Adjusted EBITDA - Adjusted EBITDA also saw a significant rise of 14% to $421 million, reflecting improved operational efficiency. This metric is crucial in assessing the company's operational performance beyond just accounting profits.

Future Outlook - The company projects tenancy additions between 2,000 to 2,500 in fiscal 2025, alongside an expected adjusted EBITDA of $460 million to $470 million. This positive outlook may spur investor confidence and interest in the stock moving forward.

Overall, the data indicates a recovery trajectory supported by solid revenue and profit growth, contributing to a positive investment narrative.

Stocks: HTWSF