FY2024 FINANCIAL Highlights
Year Ending Dec. 31, 2024
Operating in an evolving business environment, 1GS maintained a strong financial position, with total assets growing to J$678.42 million and shareholders’ equity rising to J$609.15 million.
Income Statement Highlights
For the year ended December 31, 2024, One Great Studio (1GS) reported J$342 million in Revenues, with Net Profits of J$36 million.
| JMD (millions) | 2024 | 2023 |
|---|---|---|
| Revenue | 342 | 461 |
| Operating Profit | 41 | 136 |
| Net Profit | 36 | 79 |
J$342M
FY2024 Revenue
J$36M
FY2024 Net Profit
12%
Operating
Profit Margin
$0.02
Earnings per share
Balance Sheet Highlights
The company reported Total Assets of J$678 million, up from J$649 million at the end of 2023. Total equity increased by J$17 million, or 3%, while Total Liabilities increased by J$12 million, or 21%.
| JMD (millions) | 2024 | 2023 |
|---|---|---|
| Cash & Short-Term Investments | 260 | 265 |
| Total Assets | 678 | 649 |
| Total Liabilities | 69 | 57 |
| Total Debt | 16 | 23 |
| Total Equity | 609 | 592 |
J$678M
Total Assets
J$609M
Total Equity
5x
Cash Ratio
Credit Quality, Liquidity, & Cashflow
At the end of the period, our cash resources (cash and investment) totalled J$260 million. The company’s balance sheet currently shows only J$16 million in debt, reduced from J$23 million at the same time last year.
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