QYOU Media First Quarter 2024 Earnings: CA$0.002 loss per share (vs CA$0.003 loss in 1Q 2023)
QYOU Media (CVE:QYOU) First Quarter 2024 Results
Key Financial Results
- Revenue: CA$8.23m (up 17% from 1Q 2023).
- Net loss: CA$928.1k (loss narrowed by 35% from 1Q 2023).
- CA$0.002 loss per share (improved from CA$0.003 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
QYOU Media Earnings Insights
Looking ahead, revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Media industry in Canada.
Performance of the Canadian Media industry.
The company's shares are down 17% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 5 warning signs with QYOU Media (at least 2 which are potentially serious), and understanding these should be part of your investment process.
Valuation is complex, but we're here to simplify it.
Discover if QYOU Media 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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About TSXV:QYOU
QYOU Media
Through its subsidiaries, curates, produces, and distributes content created by social media stars and digital content creators in the United States and India.
Moderate and slightly overvalued.