PopReach Second Quarter 2024 Earnings: US$0.001 loss per share (vs US$0.018 loss in 2Q 2023)

PopReach (CVE:INIK) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$44.8m (up 14% from 2Q 2023).
• Net loss: US$308.0k (loss narrowed by 94% from 2Q 2023).
• US$0.001 loss per share (improved from US$0.018 loss in 2Q 2023).

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

PopReach Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Media industry in North America.

Performance of the market in Canada.

The company's share price is broadly unchanged from a week ago.

Valuation

If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates PopReach could be a good place to look. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.

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