Jun. 3 at 11:04 AM
$BABYF
2024 Fiscal Year Financial Results
All figures are in CAD unless otherwise indicated.
Revenue for 2024 decreased approximately 14.8% to
$8 million compared to
$9.4 million for 2023.
Operating expenses for 2024 was
$13.6 million, a decrease of 20% compared to
$16.9 million for 2023
Cash balance as of December 31, 2024, was
$0.3 million (including restricted cash).
I really do not what to say. How can this business keep talking about increase in sales outlets yet continue to decline at the revenue level. i expect my position to go to zero. Ahh well that's why you have a portfolio - thank god for Nvidia!!