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Verde AgriTech Third Quarter 2022 Earnings: EPS: CA$0.12 (vs CA$0.063 in 3Q 2021)

Verde AgriTech (TSE:NPK) Third Quarter 2022 Results

Key Financial Results

  • Revenue: CA$27.3m (up 156% from 3Q 2021).

  • Net income: CA$6.46m (up 103% from 3Q 2021).

  • Profit margin: 24% (down from 30% in 3Q 2021). The decrease in margin was driven by higher expenses.

  • EPS: CA$0.12 (up from CA$0.063 in 3Q 2021).

earnings-and-revenue-history
earnings-and-revenue-history

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 66% p.a. on average during the next 2 years, compared to a 3.6% decline forecast for the Chemicals industry in Canada.

Performance of the Canadian Chemicals industry.

The company's shares are down 9.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Verde AgriTech has 3 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

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