MetaWorks Platforms Third Quarter 2023 Earnings: US$0.002 loss per share (vs US$0.016 loss in 3Q 2022)
MetaWorks Platforms (CSE:MWRK) Third Quarter 2023 Results
Key Financial Results
- Revenue: US$175.2k (up 59% from 3Q 2022).
- Net loss: US$247.9k (loss narrowed by 81% from 3Q 2022).
- US$0.002 loss per share (improved from US$0.016 loss in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
MetaWorks Platforms Earnings Insights
Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Software industry in Canada.
Performance of the Canadian Software industry.
The company's shares are up 17% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 5 warning signs for MetaWorks Platforms (of which 4 can't be ignored!) you should know about.
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About CNSX:MWRK
MetaWorks Platforms
Owns, builds, partners with, and operates Web3 Platforms-as-a-Service.
Adequate balance sheet with concerning outlook.