In This Article:
CEMATRIX (TSE:CEMX) Third Quarter 2024 Results
Key Financial Results
-
Revenue: CA$10.1m (down 50% from 3Q 2023).
-
Net income: CA$710.0k (down 61% from 3Q 2023).
-
Profit margin: 7.0% (down from 9.0% in 3Q 2023). The decrease in margin was driven by lower revenue.
-
EPS: CA$0.005 (down from CA$0.014 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CEMATRIX Earnings Insights
Looking ahead, revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Basic Materials industry in North America.
Performance of the market in Canada.
The company's shares are down 9.4% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for CEMATRIX 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.