Wishpond Technologies Third Quarter 2024 Earnings: EPS: CA$0.002 (vs CA$0.006 in 3Q 2023)

Wishpond Technologies (CVE:WISH) Third Quarter 2024 Results

Key Financial Results

• Revenue: CA$5.06m (down 12% from 3Q 2023).
• Net income: CA$86.2k (down 74% from 3Q 2023).
• Profit margin: 1.7% (down from 5.7% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: CA$0.002 (down from CA$0.006 in 3Q 2023).

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

Wishpond Technologies Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Canada.

Performance of the Canadian Software industry.

The company's shares are down 16% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Wishpond Technologies that we have uncovered.

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