In This Article:
Tiny (CVE:TINY) Third Quarter 2024 Results
Key Financial Results
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Revenue: CA$46.7m (down 7.6% from 3Q 2023).
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Net loss: CA$9.77m (loss widened by 149% from 3Q 2023).
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CA$0.05 loss per share (further deteriorated from CA$0.03 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tiny Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) also missed analyst estimates by 150%.
Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Canada.
Performance of the Canadian Software industry.
The company's shares are down 11% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Tiny (2 can't be ignored) you should be aware of.
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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.