Vertex Resource Group Full Year 2024 Earnings: CA$0.05 loss per share (vs CA$0.021 profit in FY 2023)

Vertex Resource Group (CVE:VTX) Full Year 2024 Results

Key Financial Results

• Revenue: CA$230.0m (down 7.0% from FY 2023).
• Net loss: CA$6.13m (down by 350% from CA$2.46m profit in FY 2023).
• CA$0.05 loss per share (down from CA$0.021 profit in FY 2023).

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

Vertex Resource Group Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 1.2% decline forecast for the Commercial Services industry in Canada.

Performance of the Canadian Commercial Services industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Vertex Resource Group that we have uncovered.

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