Nuvei is experiencing a revenue growth forecast of 12.5% annually, surpassing the Canadian market average. The company is expected to become profitable within three years, marking above-average market profit growth. Recent collaborations with Fintech360 and Scanco Software highlight its expanding role in fintech and ERP solutions, enhancing payment processing capabilities globally. However, recent earnings reports show decreased net income despite increased sales, which may concern some investors regarding profitability trends.

• Dive into the specifics of Nuvei here with our thorough growth forecast report.

• Our valuation report here indicates Nuvei may be overvalued.

Savaria

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Savaria Corporation offers accessibility solutions for the elderly and physically challenged across Canada, the United States, Europe, and internationally with a market cap of CA$1.58 billion.

Operations: The company's revenue segments include Patient Care, generating CA$183.98 million, and Segment Adjustment, contributing CA$673.74 million.

Insider Ownership: 17.2%

Earnings Growth Forecast: 30% p.a.

Savaria's earnings are forecast to grow significantly, outpacing the Canadian market, despite a slower revenue growth rate of 7% annually. Recent financials show increased sales and net income, with Q2 2024 sales at C$221.34 million. The company has raised its monthly dividend to C$0.045 per share, indicating strong cash flow management. Insider activity reveals more buying than selling over the past quarter, suggesting confidence in long-term prospects despite some recent insider selling.

• Take a closer look at Savaria's potential here in our earnings growth report.

• Insights from our recent valuation report point to the potential undervaluation of Savaria shares in the market.

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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.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

Companies discussed in this article include TSX:GSY TSX:NVEI and TSX:SIS.

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