Thinkific Labs Inc.

THNC

CA8841211045

Software

Market Closed - Toronto S.E. Other stock markets 03:59:30 2024-04-26 pm EDT			5-day change	1st Jan Change
3.35 ^CAD	-1.18%		-6.94%	+4.04%

Mar. 25	Thinkific Labs Partnering with Spotify on New Learning Content Test	MT
Mar. 25	Thinkific Partners with Spotify on New Learning Content Test	CI

Thinkific Labs Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 07, 2023 at 04:28 pm EST

Thinkific Labs Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 14.95 million compared to USD 13.26 million a year ago. Net loss was USD 0.931874 million compared to USD 10.66 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.13 a year ago.
For the nine months, sales was USD 43.48 million compared to USD 37.67 million a year ago. Net loss was USD 10.08 million compared to USD 32.76 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.42 a year ago.

Latest news about Thinkific Labs Inc.

Thinkific Labs Partnering with Spotify on New Learning Content Test	Mar. 25	MT
Thinkific Partners with Spotify on New Learning Content Test	Mar. 25	CI
National Bank Says Thinkific Labs' Q4 Results 'Essentially in-Line' With Estimates	Mar. 05	MT
Transcript : Thinkific Labs Inc., Q4 2023 Earnings Call, Mar 04, 2024	Mar. 04
Thinkific Labs Swings to a Fourth-Quarter Profit on Higher Revenue	Mar. 04	MT
Tranche Update on Thinkific Labs Inc.'s Equity Buyback Plan announced on November 7, 2023.	Mar. 04	CI
Thinkific Labs Inc. Reports Earnings Guidance for the First Quarter of 2024	Mar. 04	CI
Thinkific Labs Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 04	CI
Thinkific Labs Brief: Net income for Q4 2023 was US$0.3 million, Vs net loss of $3.7 million in Q4 2022	Mar. 04	MT
Thinkific Labs Brief: Fourth Quarter Revenue up 13% to US$15.6 Million, Ahead of Issued Guidance	Mar. 04	MT
Thinkific Labs Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 04	CI
Third Part: National Bank Provides Quarterly Previews for Technology Companies	Jan. 26	MT
Thinkific Labs Launches Suite of New Features for Thinkific Plus Platform	Dec. 06	MT
Thinkific Labs Launches Accelerator Program for Creators	Dec. 05	MT
Thinkific Labs Brief: Chief Executive Officer, Greg Smith, has made certain technical amendments to the previously announced automatic securities disposition plan	Nov. 10	MT
Thinkific Labs Target Raised to $3 at BMO After Q3 Results, Q4 Guidance	Nov. 08	MT
Toronto Stocks Inch Lower, Nuvei Shares Jump on 3Q Earnings, Narrowed Outlook	Nov. 08	DJ
Thinkific Labs Inc. announces an Equity Buyback for 24,792,856 shares, representing 9.86% of its issued share capital.	Nov. 07	CI
Transcript : Thinkific Labs Inc., Q3 2023 Earnings Call, Nov 07, 2023	Nov. 07
Thinkific Labs Brief: Announcing Intention to Make Normal Course Issuer Bid for Subordinate Voting Shares	Nov. 07	MT
Thinkific Labs Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 07	CI
Thinkific Labs Third-Quarter Loss Narrows on Higher Sales	Nov. 07	MT
Thinkific Labs Brief: For Q4 2023, Company expects Revenue of US$15.2 million-$15.4 million	Nov. 07	MT
Thinkific Labs Brief: Third quarter revenue up 13% to US$15.0 million, well ahead of issued guidance	Nov. 07	MT
Thinkific Labs Inc. Provides Earnings Guidance for the Fourth Quarter of 2023	Nov. 07	CI

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Company Profile

Thinkific Labs Inc. is a Canada-based company that offers a software platform that enables entrepreneurs to create, market, sell, and deliver their own online courses. The Company operates primarily in one segment, which being the development, marketing and support management of the Companyâs cloud-based platform. The Companyâs primary business activity is to provide a platform that helps entrepreneurs and established businesses (Creators) to scale and generate revenue by teaching what they know. The Companyâs platform provides its Creators with the functionality needed to launch, grow, and diversify their businesses by creating and selling learning products composed of customized courses, communities, membership sites, and other experiences that Creators can create, sell and deliver using its platform. Its features include creating courses, building websites to market clientâs business, generating income by selling, engaging with learning community, and grow and scale their business.

Sector

Software

Calendar

2024-05-06 - Q1 2024 Earnings Release

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Ratings for Thinkific Labs Inc.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2.447 USD

Average target price

3.377 USD

Spread / Average Target

+37.98%

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Quarterly earnings - Rate of surprise

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