Acceleware Third Quarter 2024 Earnings: EPS: CA$0.007 (vs CA$0.011 loss in 3Q 2023)
Acceleware (CVE:AXE) Third Quarter 2024 Results
Key Financial Results
- Revenue: CA$1.26m (up by CA$1.20m from 3Q 2023).
- Net income: CA$856.5k (up from CA$1.27m loss in 3Q 2023).
- Profit margin: 68% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue.
- EPS: CA$0.007 (up from CA$0.011 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Acceleware shares are up 25% from a week ago.
Risk Analysis
We should say that we've discovered 5 warning signs for Acceleware (2 are a bit unpleasant!) that you should be aware of before investing here.
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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 TSXV:AXE
Acceleware
Operates as an oil and gas technology company in Canada and the United States.
Moderate and good value.
