Stock Analysis
Vext Science Second Quarter 2024 Earnings: US$0.018 loss per share (vs US$0.004 profit in 2Q 2023)
Vext Science (CSE:VEXT) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$8.43m (down 8.3% from 2Q 2023).
- Net loss: US$4.39m (down from US$535.5k profit in 2Q 2023).
- US$0.018 loss per share (down from US$0.004 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Vext Science Earnings Insights
Looking ahead, revenue is forecast to grow 44% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Pharmaceuticals industry in Canada.
Performance of the Canadian Pharmaceuticals industry.
The company's shares are down 2.1% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Vext Science (1 is potentially serious!) that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About CNSX:VEXT
Vext Science
Through its subsidiaries, operates as an integrated agricultural technology, services, and property management company in the cannabis industry in the United States.