In This Article:
NexLiving Communities (CVE:NXLV) Second Quarter 2024 Results
Key Financial Results
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Revenue: CA$4.87m (up 3.4% from 2Q 2023).
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Net income: CA$1.35m (up 12% from 2Q 2023).
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Profit margin: 28% (up from 26% in 2Q 2023).
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EPS: CA$0.08 (up from CA$0.072 in 2Q 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 41% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Real Estate industry in Canada.
Performance of the Canadian Real Estate industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for NexLiving Communities you should be aware of, and 1 of them doesn't sit too well with us.
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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.