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- TSX:VHI
Vitalhub First Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line
Vitalhub (TSE:VHI) First Quarter 2024 Results
Key Financial Results
- Revenue: CA$15.3m (up 21% from 1Q 2023).
- Net income: CA$1.32m (up by CA$1.16m from 1Q 2023).
- Profit margin: 8.6% (up from 1.3% in 1Q 2023).
- EPS: CA$0.03 (up from CA$0.004 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Vitalhub Earnings Insights
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Healthcare Services industry in North America.
Performance of the market in Canada.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Vitalhub you should know about.
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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.
About TSX:VHI
Vitalhub
Provides technology solutions for health and human service providers in Canada, the United States, the United Kingdom, Australia, Western Asia, and internationally.
Flawless balance sheet with reasonable growth potential.