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Sabio Holdings (TSE:SBIO)
:SBIO
Earnings Data
Report Date
Apr 16, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 18, 2024
|% Change Since: 25.45%
|Next Earnings Date:Apr 16, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements in revenue growth, profitability, and customer retention, with strong performance in the Connected TV and OTT segments. Some challenges were noted in increased R&D costs and ongoing difficulties in the automotive sector. Overall, the call conveyed a positive outlook for continued growth and profitability.Company Guidance
In the Sabio Holdings Q3 2024 earnings call, the company reported record-breaking financial results, driven by significant growth in its Connected TV and OTT ad-supported streaming segment, which grew 100% year-over-year to $12.3 million, contributing to a total revenue of $16.1 million, an 82% increase from the previous year. The ad-supported streaming category accounted for 77% of the overall sales mix, showcasing a robust 90% recurring revenue rate. Sabio's gross margins improved to 63%, aided by proprietary data and direct supply integrations, while adjusted EBITDA soared 37 times to $2.6 million, marking it the most profitable quarter in the company's history. The company also successfully reduced its debt to $5.5 million, leveraging its improved cash flows, and maintained a strong alignment between management and shareholders, with insiders owning 60% of the company. Looking forward, Sabio anticipates continued double-digit sales growth and profitability, backed by new product offerings and expansion into international markets.Record Q3 Revenue and Profitability
Sabio Holdings reported record third-quarter revenue of USD 16.1 million, an 82% increase from USD 8.8 million in the same period in 2023. This was the most profitable quarter in Sabio's history with adjusted EBITDA growing 37x to USD 2.6 million.
Connected TV and OTT Growth
Sales in the Connected TV and OTT ad-supported streaming business grew 100% to USD 12.3 million, continuing to outpace the estimated 16.2% growth rate for the U.S. CTV industry.
High Customer Retention and New Opportunities
90% of sales for the 9 months ended September 30, 2024, came from repeat customers, and 36% of brands were new logos, indicating expanded revenue opportunities.
Improved Gross Margins
Gross margins improved to 63% from 59% in the prior year's quarter, supported by the end-to-end technology stack and direct supply integrations.
Debt Reduction
Sabio reduced its debt load, ending Q3 with USD 5.5 million outstanding under its new credit facility, down from USD 6.5 million the previous year.
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TSE:SBIO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:SBIO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 18, 2024 | C$0.55 | C$0.57 | +3.64% |
| Aug 21, 2024 | C$0.35 | C$0.34 | -2.86% |
| May 29, 2024 | C$0.25 | C$0.24 | -4.00% |
| Apr 24, 2024 | C$0.34 | C$0.30 | -11.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sabio Holdings (TSE:SBIO) report earnings?
Sabio Holdings (TSE:SBIO) is schdueled to report earning on Apr 16, 2025, TBA Not Confirmed.
What is Sabio Holdings (TSE:SBIO) earnings time?
Sabio Holdings (TSE:SBIO) earnings time is at Apr 16, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:SBIO EPS forecast?
Currently, no data Available
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