Stock Analysis
- Canada
- /
- Basic Materials
- /
- TSXV:CVX
CEMATRIX First Quarter 2024 Earnings: EPS: CA$0.003 (vs CA$0.012 loss in 1Q 2023)
CEMATRIX (CVE:CVX) First Quarter 2024 Results
Key Financial Results
- Revenue: CA$8.44m (up 18% from 1Q 2023).
- Net income: CA$349.0k (up from CA$1.67m loss in 1Q 2023).
- Profit margin: 4.1% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue.
- EPS: CA$0.003 (up from CA$0.012 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CEMATRIX Earnings Insights
Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Basic Materials industry in North America.
Performance of the market in Canada.
The company's shares are down 1.3% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with CEMATRIX.
Valuation is complex, but we're helping make it simple.
Find out whether CEMATRIX is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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 TSXV:CVX
CEMATRIX
Through its subsidiaries, focuses on the sale and onsite production of cellular concrete for various applications in the infrastructure, industrial, and commercial construction markets in North America.
Flawless balance sheet with acceptable track record.