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NowVertical Group Inc (TSE:NOW)
:NOW
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Earnings Data
Report Date
Apr 04, 2025TBA Not Confirmed
Period Ending
2024 (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:Nov 19, 2021
|% Change Since: 269.23%
|Next Earnings Date:Aug 27, 2021
Earnings Call Sentiment|Positive
The earnings call reflected a strong positive performance with significant improvements in EBITDA, revenue growth, and operational income. Despite existing challenges in integration and geographic concentration, the company's financial health and strategic account retention indicate a promising outlook.Company Guidance
In the Q3 2024 earnings call for NOW.V, the executives reported a significant improvement in financial metrics, surpassing their own expectations. The company achieved an EBITDA of $2 million, marking a 19% margin against a revenue of $10.7 million for the quarter. Year-over-year, they observed a 9% revenue growth, with operating income improving by 87% and adjusted EBITDA increasing by 26%. The strategic focus on core operations and reduction of administrative costs led to an impressive 439% increase in operating income year-to-date. The company also highlighted the successful renegotiation of acquisition-related liabilities, reducing them from $13.9 million to $8.5 million, including $2 million to be settled in shares. This strategic restructuring has paved the way for sustainable future growth, with NOW.V now targeting a run rate revenue of $43 million and $8 million EBITDA.EBITDA Milestone
NowVertical achieved an EBITDA of USD 2 million for Q3 2024, marking a 19% EBITDA margin, best in class in the industry.
Revenue Growth
Revenue grew by 9% year-over-year, reaching USD 10.7 million in Q3 2024.
Operational Income Improvement
Income from operations increased by 87% year-over-year, achieving a USD 1.6 million gain in Q3 2024.
Debt Reduction Success
Acquisition-related liabilities were reduced from USD 13.9 million to USD 8.5 million, achieving potential cash savings of USD 7.4 million.
Client Retention
100% renewal rate of strategic accounts in Q3 2024, with the addition of 5 new enterprise clients in Latin America.
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TSE:NOW 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:NOW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | C$0.13 | C$0.20 | +53.85% |
| Aug 15, 2024 | C$0.19 | C$0.20 | +5.26% |
| May 30, 2024 | C$0.22 | C$0.20 | -9.09% |
| May 07, 2024 | C$0.22 | C$0.21 | -4.55% |
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 NowVertical Group Inc (TSE:NOW) report earnings?
NowVertical Group Inc (TSE:NOW) is schdueled to report earning on Apr 04, 2025, TBA Not Confirmed.
What is NowVertical Group Inc (TSE:NOW) earnings time?
NowVertical Group Inc (TSE:NOW) earnings time is at Apr 04, 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:NOW EPS forecast?
Currently, no data Available
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