QYOU Media First Quarter 2024 Earnings: CA$0.002 loss per share (vs CA$0.003 loss in 1Q 2023)
QYOU Media (CVE:QYOU) First Quarter 2024 Results
Key Financial Results
Revenue: CA$8.23m (up 17% from 1Q 2023).
Net loss: CA$928.1k (loss narrowed by 35% from 1Q 2023).
CA$0.002 loss per share (improved from CA$0.003 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
QYOU Media Earnings Insights
Looking ahead, revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Media industry in Canada.
Performance of the Canadian Media industry.
The company's shares are down 17% from a week ago.
Risk Analysis
It is worth noting though that we have found 5 warning signs for QYOU Media (2 can't be ignored!) that you need to take into consideration.
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