Cansortium Second Quarter 2024 Earnings: EPS: US$0.003 (vs US$0.018 loss in 2Q 2023)
Cansortium (CSE:TIUM.U) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$27.3m (up 12% from 2Q 2023).
- Net income: US$947.0k (up from US$5.35m loss in 2Q 2023).
- Profit margin: 3.5% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue.
- EPS: US$0.003 (up from US$0.018 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cansortium shares are up 21% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Cansortium that we have uncovered.
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About CNSX:TIUM.U
Cansortium
Through its subsidiaries, produces and sells medical cannabis in Florida, Pennsylvania, and Texas.
Slightly overvalued with imperfect balance sheet.