Cannara Biotech Full Year 2023 Earnings: EPS: CA$0.078 (vs CA$0.026 in FY 2022)

Cannara Biotech (CVE:LOVE) Full Year 2023 Results

Key Financial Results

• Revenue: CA$57.6m (up 61% from FY 2022).
• Net income: CA$6.95m (up 201% from FY 2022).
• Profit margin: 12% (up from 6.4% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: CA$0.078 (up from CA$0.026 in FY 2022).

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

Cannara Biotech shares are up 1.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Cannara Biotech (1 is concerning!) that you need to take into consideration.

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