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Flow Beverage Corp.
FLOW.TO•TSX
Consumer Defensive
Beverages - Non-Alcoholic
CA$0.06
CA$-0.01(-15.38%)

The company's financials show resilient growth, with revenue advancing from $13.56M in Q4 2022 to $13.78M in Q3 2023. Gross profit remained healthy with margins at 21% in Q3 2023 compared to 10% in Q4 2022. Operating income hit -$10.07M last quarter, sustaining a consistent -73% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$9.39M. Net income dropped to -$11.55M, while earnings per share reached -$0.21. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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