Thunderbird Entertainment Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Thunderbird Entertainment Group (CVE:TBRD) Full Year 2024 Results

Key Financial Results

• Revenue: CA$165.3m (flat on FY 2023).
• Net income: CA$2.38m (up from CA$5.01m loss in FY 2023).
• Profit margin: 1.4% (up from net loss in FY 2023).
• EPS: CA$0.048 (up from CA$0.10 loss in FY 2023).

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

Thunderbird Entertainment Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 16%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Entertainment industry in North America.

Performance of the market in Canada.

The company's shares are down 2.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Thunderbird Entertainment Group that we have uncovered.

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