earnings
confidence high
sentiment positive
materiality 0.75
TruGolf expects record 2024 sales of ~$22.5M; 2H EBITDA >$2.2M, above guidance
TruGolf Holdings, Inc.
2024-FY EPS
reported -$0.76
vs consensus -$12.75
▲ beat
(+94.0%)
- 2024 sales expected ~$22.5M, a new record; 2H EBITDA >$2.2M, well above $1.1-1.5M guidance.
- Full year 2024 EBITDA expected >$1.2M.
- Growth driven by new Multisport Arcade games and E6 APEX course play with IBM watsonx.ai integration.
- CEO expects franchise contract announcements in 2025 with first locations opening before year-end.