Braille Energy Systems Second Quarter 2024 Earnings: CA$0.004 loss per share (vs CA$0.008 loss in 2Q 2023)

Braille Energy Systems (CVE:BES) Second Quarter 2024 Results

Key Financial Results

• Revenue: CA$904.1k (down 18% from 2Q 2023).
• Net loss: CA$340.5k (loss narrowed by 50% from 2Q 2023).
• CA$0.004 loss per share (improved from CA$0.008 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Braille Energy Systems Earnings Insights

Looking ahead, revenue is forecast to grow 69% p.a. on average during the next 2 years, compared to a 30% growth forecast for the Electrical industry in Canada.

Performance of the Canadian Electrical industry.

The company's shares are down 5.0% from a week ago.

Risk Analysis

You should learn about the 5 warning signs we've spotted with Braille Energy Systems (including 4 which shouldn't be ignored).

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