Banxa Holdings Third Quarter 2024 Earnings: EPS: AU$0.01 (vs AU$0.013 in 3Q 2023)
Banxa Holdings (CVE:BNXA) Third Quarter 2024 Results
Key Financial Results
Revenue: AU$104.8m (up 335% from 3Q 2023).
Net income: AU$335.7k (down 45% from 3Q 2023).
Profit margin: 0.3% (down from 2.5% in 3Q 2023). The decrease in margin was driven by higher expenses.
EPS: AU$0.01 (down from AU$0.013 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Banxa Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Diversified Financial industry in Canada.
Performance of the Canadian Diversified Financial industry.
The company's shares are up 1.5% from a week ago.
Risk Analysis
Before you take the next step you should know about the 4 warning signs for Banxa Holdings (3 don't sit too well with us!) that we have uncovered.
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