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Minehub Technologies, Inc. (TSE:MHUB)
:MHUB
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Earnings Data
Report Date
May 28, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-0.03Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 31, 2022
|% Change Since: 92.86%
|Next Earnings Date:Sep 28, 2021
Earnings Call Sentiment|Positive
The earnings call highlighted significant positive developments, including revenue growth driven by SaaS, strategic partnerships, expansion into new markets, and improved financial metrics. Despite a decrease in quarterly revenue due to business model transition, the overall outlook remains positive with a robust sales pipeline and strategic initiatives underway.Company Guidance
During the Q3 2025 earnings call held on December 19, 2024, MineHub provided guidance on several key metrics and strategic initiatives. The company reported a 19% increase in year-to-date revenue, reaching $1.6 million, driven by a 31% rise in SaaS revenue. This growth was primarily fueled by both new customer acquisitions and increased revenue from existing clients, despite a 13% reduction in nonrecurring professional services revenue. MineHub's net loss improved by 11% to $4.7 million, attributed to better cost management and revenue growth. The company highlighted its strategic shift towards a recurring SaaS revenue model and its expansion into Asian markets through partnerships with prominent firms like Sumitomo Corporation and Elane Technology, contributing to a gross merchandise value (GMV) of $11.5 billion for the nine months ending October 31, 2024. The partnership with Abaxx Technologies was emphasized as a significant milestone, with Abaxx planning to increase its ownership in MineHub to 19.99%. The company aims to increase its annual recurring revenue (ARR), which stood at approximately $2.2 million as of December 16, 2024, by executing new contracts and expanding volumes of managed commodities.Year-to-Date Revenue Growth
MineHub's year-to-date revenue increased by nearly 20% year-over-year, driven by growth in SaaS revenue.
Strategic Partnership with Abaxx Technologies
MineHub entered into a definitive agreement with Abaxx Technologies, which plans to increase its strategic ownership to 19.99%. This partnership enhances customer experience and opens access to additional commodities markets.
Expansion into Asian Markets
Significant strides in entering Asian markets, with partnerships with Sumitomo Corporation and Elane Technology Co. Ltd., leading to an increasing cumulative GMV transacted on the MineHub platform.
New Product Functionalities
Released the Assay Exchange Dashboard and began using Abaxx's secure chat functionality to enhance platform features.
Strong SaaS Revenue Growth
SaaS revenue increased by $311,000 or 31% due to new customer growth and increasing revenue from existing customers.
Improved Net Loss
Net loss improved by 11%, from $5.2 million to $4.7 million, due to better cost management and increased revenue.
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TSE:MHUB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:MHUB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 19, 2024 | C$0.28 | C$0.28 | 0.00% |
| Sep 18, 2024 | C$0.31 | C$0.29 | -6.45% |
| Jun 26, 2024 | C$0.29 | C$0.29 | 0.00% |
| May 29, 2024 | C$0.28 | C$0.30 | +7.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Minehub Technologies, Inc. (TSE:MHUB) report earnings?
Minehub Technologies, Inc. (TSE:MHUB) is schdueled to report earning on May 28, 2025, TBA Not Confirmed.
What is Minehub Technologies, Inc. (TSE:MHUB) earnings time?
Minehub Technologies, Inc. (TSE:MHUB) earnings time is at May 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:MHUB EPS forecast?
Currently, no data Available
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