RF Capital Group First Quarter 2024 Earnings: CA$0.073 loss per share (vs CA$0.51 loss in 1Q 2023)

RF Capital Group (TSE:RCG) First Quarter 2024 Results

Key Financial Results

• Revenue: CA$82.5m (up 4.5% from 1Q 2023).
• Net loss: CA$1.13m (loss narrowed by 82% from 1Q 2023).
• CA$0.073 loss per share (improved from CA$0.51 loss in 1Q 2023).

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

RF Capital Group Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Capital Markets industry in Canada.

Performance of the Canadian Capital Markets industry.

The company's shares are up 3.6% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with RF Capital Group (including 1 which is a bit concerning).

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