NATL Latest Report

Performance Review

NCR Atleos (stock code: NATL) reported total operating revenue of $1.108 billion as of December 31, 2024, up from $1.098 billion in the same period of 2023, reflecting the company's improvement in operating revenue and showing positive market trends.

Key Data in the Financial Report

1. The total operating revenue in 2024 was $1.108 billion, up about 0.91% year-on-year, indicating an improvement in the company's sales capacity in the market, albeit with a small increase, but still a positive change.

2. Sales costs decreased from $900 million to $811 million, and gross profit increased from $198 million to $297 million, proving the company's success in cost control.

3. The company performed well in the sales of new and emerging products, especially in the North American market, with a year-on-year revenue growth of 41.12%.

4. NCR Atleos actively expanded its e-commerce channels, cooperating with platforms such as OTTO, Temu, and Shein, further promoting sales growth.

Peer Comparison

1. Overall industry analysis: The overall industry experienced similar revenue growth, reflecting the industry's recovery and the improvement in consumer confidence. This trend is closely related to the improvement in the macroeconomic environment.

2. Peer evaluation analysis: Although NCR Atleos' total operating revenue growth is not outstanding, it is commendable to maintain positive growth in the current economic environment. Its peers face greater sales pressure, while NCR Atleos' performance is relatively stable.

Summary

NCR Atleos achieved positive growth in operating revenue in 2024, mainly due to the recovery of market demand, optimization of product mix, and effective marketing strategies. Although the growth is small, it can maintain sales growth in the overall unfavorable economic situation, showing the company's resilience and adaptability.

Opportunities

1. With the launch of new and emerging products, especially in women's sports products and professional products, NCR Atleos has the opportunity to further expand its market share.

2. Continuing to expand e-commerce channels and cooperating with emerging platforms will inject new growth momentum for the company.

3. In the context of the overall industry recovery, the company is expected to benefit from the recovery of consumer confidence and the increase in discretionary consumption.

Risks

1. The fierce competition in 2024 may lead to price wars, affecting profit margins.

2. The macro economy is still in a weak recovery, and consumer confidence is low, affecting the growth of discretionary consumption.

3. If new products fail to meet market demand, it may affect the company's sales expectations.