In This Article:
NexLiving Communities (CVE:NXLV) First Quarter 2024 Results
Key Financial Results
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Revenue: CA$4.91m (up 17% from 1Q 2023).
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Net income: CA$1.00m (down 62% from 1Q 2023).
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Profit margin: 20% (down from 63% in 1Q 2023).
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EPS: CA$0.06 (down from CA$0.17 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NexLiving Communities Earnings Insights
Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Real Estate industry in Canada.
Performance of the Canadian Real Estate industry.
The company's shares are up 8.0% from a week ago.
Valuation
Following the latest earnings results, NexLiving Communities may be undervalued based on 6 different valuation benchmarks we assess. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.
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