Jewett-Cameron reports FY2024 revenue $47.1M, net income $0.7M; Q4 loss $0.2M

JEWETT CAMERON TRADING CO LTD

FY2024 revenue $47.1M (down from $54.3M); net income $0.7M ($0.21/sh) vs prior year net loss.
Q4 2024 revenue $13.2M (down from $14.6M); net loss $(0.2)M or $(0.05)/sh.
Gross margin declined: FY 18.8% vs 22.6%; higher inventory costs and writedowns.
Cash $4.9M, no long-term debt; inventory reduced to $13.2M from $18.3M.
Listed 11.6-acre property for sale at $9M; added three new supply partners for sourcing.

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