earnings
confidence high
sentiment positive
materiality 0.65
QHSLab Q3 revenue up 62% to $544K, net income $49.8K, gross margin 67.1%
QHSLab, Inc.
2024-Q3 EPS reported
$0.00
revenue$1,505,945
- Revenue $544,285 (+62% YoY); gross margin 67.1% (up from 56.3%). Net income $49,765 vs ($82,000) loss in Q3 2023.
- ISP (digital health) segment revenue up 126% in Q3 to ~$162K; YTD growth 143% to ~$450K.
- Allergy kit sales +48% YoY to ~$220K. Surpassed 100,000 completed digital assessments.
- Debt reduction of >$100K from operating cash flow; R&D investment up to $187K YTD.
- Secured ~$300K grant for allergic rhinitis digital health research.