AirIQ Full Year 2024 Earnings: EPS: CA$0.03 (vs CA$0.13 in FY 2023)

AirIQ (CVE:IQ) Full Year 2024 Results

Key Financial Results

• Revenue: CA$5.51m (up 9.2% from FY 2023).
• Net income: CA$869.0k (down 77% from FY 2023).
• Profit margin: 16% (down from 73% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: CA$0.03 (down from CA$0.13 in FY 2023).

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

The primary driver behind last 12 months revenue was the Canada segment contributing a total revenue of CA$2.98m (54% of total revenue). The largest operating expense was General & Administrative costs, amounting to CA$1.12m (44% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CA$55.0k. Explore how IQ's revenue and expenses shape its earnings.

AirIQ shares are up 11% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for AirIQ (1 is a bit concerning) you should be aware of.

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