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Synex Renewable Energy Corporation
SXI.TO•TSX
Utilities
Renewable Utilities
CA$2.39
CA$-0.01(-0.42%)

Over the last four quarters, Synex Renewable Energy Corporation achieved steady financial progress, growing revenue from $929547.00 in Q3 2023 to $1.22M in Q2 2024. Gross profit stayed firm with margins at 97% in Q2 2024 versus 54% in Q3 2023. Operating income totaled $371123.00 in Q2 2024, maintaining a 30% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $589036.00. Net income rose to $153867.00, with EPS at $0.03. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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