DMG Blockchain Solutions Third Quarter 2024 Earnings: CA$0.023 loss per share (vs CA$0.025 loss in 3Q 2023)

DMG Blockchain Solutions (CVE:DMGI) Third Quarter 2024 Results

Key Financial Results

• Revenue: CA$8.29m (up 11% from 3Q 2023).
• Net loss: CA$3.84m (loss narrowed by 10% from 3Q 2023).
• CA$0.023 loss per share (improved from CA$0.025 loss in 3Q 2023).

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

DMG Blockchain Solutions Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in Canada.

Performance of the Canadian Software industry.

The company's shares are up 1.0% from a week ago.

Risk Analysis

Be aware that DMG Blockchain Solutions is showing 2 warning signs in our investment analysis that you should know about...

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