Deveron Third Quarter 2024 Earnings: CA$0.025 loss per share (vs CA$0.042 loss in 3Q 2023)

Deveron (CVE:FARM) Third Quarter 2024 Results

Key Financial Results

• Revenue: CA$5.45m (up 1.8% from 3Q 2023).
• Net loss: CA$3.95m (loss narrowed by 31% from 3Q 2023).
• CA$0.025 loss per share (improved from CA$0.042 loss in 3Q 2023).

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

Deveron Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Professional Services industry in North America.

Performance of the market in Canada.

The company's shares are down 35% from a week ago.

Risk Analysis

Be aware that Deveron is showing 4 warning signs in our investment analysis and 2 of those don't sit too well with us...

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