Sabio Holdings (CVE:SBIO) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$8.90m (up 11% from 2Q 2023).

• Net loss: US$1.04m (loss narrowed by 56% from 2Q 2023).

• US$0.021 loss per share (improved from US$0.051 loss in 2Q 2023).

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

Sabio Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Media industry in North America.

Performance of the market in Canada.

The company's shares are down 4.3% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Sabio Holdings has 4 warning signs (and 1 which is a bit unpleasant) we think you should know about.

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