Sabio Holdings Third Quarter 2024 Earnings: EPS: US$0.035 (vs US$0.016 loss in 3Q 2023)

Sabio Holdings (CVE:SBIO) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$16.1m (up 82% from 3Q 2023).
• Net income: US$1.75m (up from US$738.4k loss in 3Q 2023).
• Profit margin: 11% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
• EPS: US$0.035 (up from US$0.016 loss in 3Q 2023).

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

Sabio Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Media industry in North America.

Performance of the market in Canada.

The company's shares are up 27% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Sabio Holdings (1 is potentially serious!) that you need to be mindful of.

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