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

Simply Wall St

March 25, 2025

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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earnings-and-revenue-history — TSXV:VTX Earnings and Revenue History March 25th 2025

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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.