WildBrain (TSE:WILD) Third Quarter 2024 Results

Key Financial Results

• Revenue: CA$100.1m (down 29% from 3Q 2023).

• Net loss: CA$14.7m (down by 176% from CA$19.4m profit in 3Q 2023).

• CA$0.07 loss per share (down from CA$0.11 profit in 3Q 2023).

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

WildBrain Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 22%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Entertainment industry in Canada.

Performance of the Canadian Entertainment industry.

The company's shares are down 4.8% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for WildBrain you should know about.

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