Zoomd Technologies First Quarter 2024 Earnings: EPS: US$0.005 (vs US$0.034 loss in 1Q 2023)

Zoomd Technologies (CVE:ZOMD) First Quarter 2024 Results

Key Financial Results

• Revenue: US$8.75m (up 1.1% from 1Q 2023).
• Net income: US$539.0k (up from US$3.58m loss in 1Q 2023).
• Profit margin: 6.2% (up from net loss in 1Q 2023). The move to profitability was primarily driven by lower expenses.
• EPS: US$0.005 (up from US$0.034 loss in 1Q 2023).

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

Zoomd Technologies shares are up 58% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Zoomd Technologies that you should be aware of.

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