Cannara Biotech Stock Revenue

LOVE Stock  CAD 0.75  0.05  6.25%   
Cannara Biotech fundamentals help investors to digest information that contributes to Cannara Biotech's financial success or failures. It also enables traders to predict the movement of Cannara Stock. The fundamental analysis module provides a way to measure Cannara Biotech's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cannara Biotech stock.
Last ReportedProjected for Next Year
Total Revenue65.8 M69.1 M
At this time, Cannara Biotech's Total Revenue is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 36.3 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.15 in 2024.
  
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Cannara Biotech Company Revenue Analysis

Cannara Biotech's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Revenue

 = 

Money Received

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Discounts and Returns

More About Revenue | All Equity Analysis

Current Cannara Biotech Revenue

    
  57.26 M  
Most of Cannara Biotech's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cannara Biotech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Historical and Projected quarterly revenue of Cannara

Projected quarterly revenue analysis of Cannara Biotech provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Cannara Biotech match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Cannara Biotech's stock price.

Cannara Revenue Driver Correlations

Understanding the fundamental principles of building solid financial models for Cannara Biotech is extremely important. It helps to project a fair market value of Cannara Stock properly, considering its historical fundamentals such as Revenue. Since Cannara Biotech's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cannara Biotech's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cannara Biotech's interrelated accounts and indicators.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Cannara Total Revenue

Total Revenue

69.14 Million

At this time, Cannara Biotech's Total Revenue is fairly stable compared to the past year.
Based on the latest financial disclosure, Cannara Biotech reported 57.26 M of revenue. This is 99.25% lower than that of the Pharmaceuticals sector and significantly higher than that of the Health Care industry. The revenue for all Canada stocks is 99.39% higher than that of the company.

Cannara Revenue Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cannara Biotech's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cannara Biotech could also be used in its relative valuation, which is a method of valuing Cannara Biotech by comparing valuation metrics of similar companies.
Cannara Biotech is currently under evaluation in revenue category among its peers.

Cannara Biotech Current Valuation Drivers

We derive many important indicators used in calculating different scores of Cannara Biotech from analyzing Cannara Biotech's financial statements. These drivers represent accounts that assess Cannara Biotech's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cannara Biotech's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap67.8M130.1M118.4M61.2M70.4M128.1M
Enterprise Value72.9M142.8M154.6M103.0M118.4M143.2M

Cannara Fundamentals

About Cannara Biotech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cannara Biotech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cannara Biotech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cannara Biotech based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Cannara Stock Analysis

When running Cannara Biotech's price analysis, check to measure Cannara Biotech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cannara Biotech is operating at the current time. Most of Cannara Biotech's value examination focuses on studying past and present price action to predict the probability of Cannara Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannara Biotech's price. Additionally, you may evaluate how the addition of Cannara Biotech to your portfolios can decrease your overall portfolio volatility.