Covalon Technologies Full Year 2023 Earnings: CA$0.18 loss per share (vs CA$0.36 loss in FY 2022)

[email protected] (Simply Wall St)
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Covalon Technologies (CVE:COV) Full Year 2023 Results

Key Financial Results

  • Revenue: CA$26.6m (up 47% from FY 2022).

  • Net loss: CA$4.46m (loss narrowed by 52% from FY 2022).

  • CA$0.18 loss per share (improved from CA$0.36 loss in FY 2022).

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

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

Covalon Technologies shares are up 25% from a week ago.

Risk Analysis

Be aware that Covalon Technologies is showing 3 warning signs in our investment analysis and 2 of those can't be ignored...

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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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