BluMetric Environmental Third Quarter 2024 Earnings: EPS: CA$0.001 (vs CA$0.025 loss in 3Q 2023)

BluMetric Environmental (CVE:BLM) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CA$8.12m (up 17% from 3Q 2023).

  • Net income: CA$26.2k (up from CA$729.4k loss in 3Q 2023).

  • Profit margin: 0.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.

  • EPS: CA$0.001 (up from CA$0.025 loss in 3Q 2023).

earnings-and-revenue-history
TSXV:BLM Earnings and Revenue History August 31st 2024

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

BluMetric Environmental shares are up 28% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 5 warning signs for BluMetric Environmental (2 are potentially serious!) that you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.