BBTV Holdings Second Quarter 2023 Earnings: EPS: CA$0.18 (vs CA$0.67 loss in 2Q 2022)

BBTV Holdings (TSE:BBTV) Second Quarter 2023 Results

Key Financial Results

• Revenue: CA$72.8m (down 27% from 2Q 2022).
• Net income: CA$3.84m (up from CA$14.2m loss in 2Q 2022).
• Profit margin: 5.3% (up from net loss in 2Q 2022).
• EPS: CA$0.18 (up from CA$0.67 loss in 2Q 2022).

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

BBTV Holdings Earnings Insights

Looking ahead, revenue is expected to decline by 4.6% p.a. on average during the next 2 years, while revenues in the Entertainment industry in Canada are expected to grow by 11%.

Performance of the Canadian Entertainment industry.

The company's shares are up 12% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with BBTV Holdings (at least 3 which are potentially serious), and understanding these should be part of your investment process.

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