earnings
confidence high
sentiment positive
materiality 0.75
TruGolf Q3 sales up 82% YoY to $6.24M; EPS $0.00, EBITDA $1.1M; raises FY guidance
TruGolf Holdings, Inc.
2024-Q3 EPS reported
-$0.28
revenue$15,121,980
- Third quarter sales of $6,236,795, up 82% vs Q3 2023; EPS $0.00.
- EBITDA $1.1M for Q3; gross margin expanded to 69% vs 55% a year ago.
- Operating income of $872,000 vs loss of $2.3M in Q3 2023 (137% improvement).
- Revised FY 2024 outlook: revenue growth of 9%-13% YoY; H2 EBITDA estimated $1.1M-$1.5M.
- Franchise initiative launched in Q3 with 120 committed locations across the U.S.