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Newtopia (TSE:NEWU)
:NEWU
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Earnings Data
Report Date
May 15, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Aug 12, 2020
|% Change Since: -75.00%
|Next Earnings Date:Jun 11, 2020
Earnings Call Sentiment|Neutral
The earnings call highlighted promising strategic partnerships and key client renewals, indicating strong potential for growth and profitability in the future. However, the company faced significant revenue declines and an EBITDA loss this quarter. Despite these challenges, the operational efficiencies and high engagement rates suggest a positive outlook.Company Guidance
During the Q3 2024 earnings call for Newtopia Inc., key guidance was shared highlighting the company's strategic focus and financial metrics. Newtopia reported a revenue of $1.0 million for Q3 2024, down from $2.4 million in the prior year, primarily due to the loss of a client and structural changes at another existing client. Despite this, the company maintained a gross profit of $0.3 million, equating to 34% of revenue. The company is targeting profitability in 2025, supported by a new strategic partnership with a U.S. payvider to make its habit change platform available to workers at no out-of-pocket cost. Additionally, Newtopia achieved significant client engagement, with one Fortune 10 partner reaching 72% engagement and 30% of their population achieving a clinically significant weight loss. Newtopia aims to leverage these successes to drive growth through strategic partnerships and innovations in health AI, further improving outcomes and reducing costs for its clients.New Strategic Partnership in Supplemental Insurance
Newtopia has entered a strategic partnership with a supplemental insurance payvider to offer their habit change platform to thousands of U.S. workers as a fully covered benefit starting in 2025. This partnership has the potential to significantly accelerate participant acquisition and reach profitability in 2025.
Renewed and Expanded Key Client Contracts
Newtopia secured key client renewals and expanded contracts, including with Fortune 500 and Fortune 10 companies. Notably, a long-time Fortune 10 partner continues to exceed expectations with 72% engagement and 30% of the population achieving clinically significant weight loss.
Operational Efficiency Improvements
Selling, general and administrative expenses improved by 16% year-over-year, and technology and development expenses improved by 18% year-over-year. These improvements are attributed to reduced marketing activities and streamlined operations.
High Engagement and Clinical Outcomes
Newtopia's programs achieved high engagement rates and clinically significant weight loss outcomes, with some clients exceeding enrollment targets by over 45% and maintaining high engagement rates.
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TSE:NEWU 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:NEWU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Aug 08, 2024 | C$0.04 | C$0.04 | 0.00% |
| May 23, 2024 | C$0.05 | C$0.05 | 0.00% |
| Apr 02, 2024 | C$0.08 | C$0.08 | 0.00% |
| Nov 16, 2023 | C$0.08 | C$0.09 | +12.50% |
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 Newtopia (TSE:NEWU) report earnings?
Newtopia (TSE:NEWU) is schdueled to report earning on May 15, 2025, TBA Not Confirmed.
What is Newtopia (TSE:NEWU) earnings time?
Newtopia (TSE:NEWU) earnings time is at May 15, 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:NEWU EPS forecast?
Currently, no data Available
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