Verde AgriTech Third Quarter 2024 Earnings: CA$0.044 loss per share (vs CA$0.066 loss in 3Q 2023)

In This Article:

Verde AgriTech (TSE:NPK) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CA$7.16m (down 24% from 3Q 2023).

  • Net loss: CA$2.34m (loss narrowed by 33% from 3Q 2023).

  • CA$0.044 loss per share (improved from CA$0.066 loss in 3Q 2023).

earnings-and-revenue-history
TSX:NPK Earnings and Revenue History November 10th 2024

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

Verde AgriTech Earnings Insights

Looking ahead, revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Chemicals industry in Canada.

Performance of the Canadian Chemicals industry.

The company's shares are down 1.5% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Verde AgriTech (1 shouldn't be ignored!) that you should be aware of.

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