earnings
confidence high
sentiment neutral
materiality 0.60
Sunshine Biopharma Q3 2024 revenues up 42% YoY; net loss widens 84% in quarter
Sunshine Biopharma Inc.
2025-Q3 EPS
reported -$13.61
vs consensus -$0.13
▼ miss
(-10164.0%)
- Q3 2024 gross revenues $8.44M, up 42% from $5.96M in Q3 2023; YTD revenues $25.28M, up 54%.
- Q3 net loss $(1.20M) compared to $(0.65M) in Q3 2023, a YoY increase of 84%.
- YTD net loss $(2.98M) vs $(3.26M) in prior year period, an improvement of 9%.
- Shareholders' equity grew 18% to $25.04M from $21.21M at Dec 31, 2023.
- Growth driven by new product launches and expanded marketing via Canadian subsidiary Nora Pharma.