Edwyn
Over the five-year period, revenue has steadily grown from approximately USD 1,265 million in 2020 to about USD 1,557 million in 2024, reflecting a consistent upward trend of roughly 4%–7% annually. This consistent revenue growth is supported by corresponding increases in gross profit, which rose from USD 1,085 million to USD 1,366 million, and in operating income, which improved from USD 824 million to over USD 1,058 million. These trends indicate that the company has maintained strong operational efficiency and pricing power in its core business segments, consistent with its role as a dominant player in Internet infrastructure and domain name registry services. Notably, net income exhibited some variability during this period. After a high of approximately USD 815 million in 2020, net income dipped to about USD 785 million in 2021 and then experienced a more pronounced decline to roughly USD 674 million in 2022—a notable year-over-year drop of nearly 14% from 2021. However, net income rebounded in 2023 to about USD 818 million before settling at around USD 786 million in 2024. While none of these fluctuations exceeded a 20% swing, the temporary dip in 2022 could be linked to elevated non-operating expenses or tax adjustments, though the data does not specify the exact drivers. Overall, the company’s sustained revenue and operating income growth, coupled with its ability to recover its net income after a downturn, suggest a robust financial health and a sustainable business model within the stable and essential Internet infrastructure industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.