Asbestos Second Quarter 2024 Earnings: EPS: CA$0.44 (vs CA$0.06 loss in 2Q 2023)

Simply Wall St · 08/31 13:50

Asbestos (CVE:AB.H) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CA$2.80m (up by CA$2.44m from 2Q 2023).
  • Net income: CA$1.25m (up from CA$169.0k loss in 2Q 2023).
  • Profit margin: 45% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
  • EPS: CA$0.44 (up from CA$0.06 loss in 2Q 2023).
earnings-and-revenue-history
TSXV:AB.H Earnings and Revenue History August 31st 2024

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

Asbestos shares are down 12% from a week ago.

Risk Analysis

We should say that we've discovered 5 warning signs for Asbestos that you should be aware of before investing here.