Stock Analysis
NexgenRx Third Quarter 2024 Earnings: EPS: CA$0.002 (vs CA$0.002 loss in 3Q 2023)
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).
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.
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About TSXV:NXG
NexgenRx
NexgenRx Inc. administers, adjudicates, and pays drug, dental, and other extended health-care claims for the beneficiaries of health benefit plans underwritten by its customers in Canada.