Stock Analysis

NexgenRx Third Quarter 2024 Earnings: EPS: CA$0.002 (vs CA$0.002 loss in 3Q 2023)

TSXV:NXG
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NexgenRx (CVE:NXG) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CA$4.16m (up 23% from 3Q 2023).
  • Net income: CA$149.2k (up from CA$130.7k loss in 3Q 2023).
  • Profit margin: 3.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
  • EPS: CA$0.002 (up from CA$0.002 loss in 3Q 2023).
earnings-and-revenue-history
TSXV:NXG Earnings and Revenue History November 26th 2024

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

NexgenRx shares are down 1.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for NexgenRx (2 don't sit too well with us!) that you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if NexgenRx might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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