Yorkton Equity Group Second Quarter 2024 Earnings: EPS: CA$0.009 (vs CA$0.001 loss in 2Q 2023)

Yorkton Equity Group (CVE:YEG) Second Quarter 2024 Results

Key Financial Results

• Revenue: CA$2.50m (up 37% from 2Q 2023).
• Net income: CA$1.05m (up from CA$134.8k loss in 2Q 2023).
• Profit margin: 42% (up from net loss in 2Q 2023).
• EPS: CA$0.009 (up from CA$0.001 loss in 2Q 2023).

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

Yorkton Equity Group Earnings Insights

Looking ahead, revenue is expected to decline by 23% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Canada are expected to grow by 6.3%.

Performance of the Canadian Real Estate industry.

The company's shares are down 2.6% from a week ago.

Risk Analysis

Be aware that Yorkton Equity Group is showing 4 warning signs in our investment analysis and 2 of those don't sit too well with us...

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