Nocera 2024 Q4 Earnings Misses Targets as Net Loss Reduces by 51.7%
Wednesday, May 7, 2025 1:46 am ET
4min read NCRA Trend
Revenue
The total revenue of Nocera decreased by 46.5% to $4 million in 2024 Q4, down from $7.47 million in 2023 Q4.
Earnings/Net Income
Nocera narrowed losses to $0.09 per share in 2024 Q4 from a loss of $0.23 per share in 2023 Q4 (61.5% improvement). Meanwhile, the company successfully narrowed its net loss to $-1.23 million in 2024 Q4, reducing losses by 51.7% compared to the $-2.55 million net loss reported in 2023 Q4. The EPS improvement indicates potential progress in the company's financial health.
Price Action
The stock price of Nocera has tumbled 14.74% during the latest trading day, has plummeted 15.36% during the most recent full trading week, and has plummeted 19.75% month-to-date.
Post-Earnings Price Action Review
The strategy of buying Nocera (NCRA) shares after a revenue drop quarter-over-quarter and holding for 30 days resulted in significant losses. The share price dropped 46% over the last 30 days, and the company faced Nasdaq compliance challenges due to its stock trading below the required $1.00 minimum bid price for 30 consecutive business days. This performance highlights broader risks for firms struggling to maintain listing standards amid declining valuations. The continued downward trend in stock price reflects investor concerns over the company's ability to reverse its revenue decline and meet compliance requirements. Ensuring listing compliance while addressing financial challenges remains a priority for Nocera as it navigates this turbulent period.
CEO Commentary
In the recent earnings call, Nocera, Inc. CEO highlighted the company's resilience amid challenging market conditions. The CEO emphasized that despite a reported EPS of -$0.0876, the company is focused on strategic investments aimed at enhancing operational efficiency and driving growth. Key growth drivers identified include expanding product lines and entering new markets, which are expected to bolster revenue streams. The leadership conveyed a cautious optimism regarding future performance, acknowledging the obstacles ahead while expressing confidence in the company's strategic direction and commitment to long-term value creation.
Guidance
Nocera, Inc. projects a revenue target of approximately $3,997,039 for the upcoming quarter, with expectations for gradual improvement in EPS as operational initiatives take effect. The leadership aims to reduce net losses and enhance profitability, indicating a strategic focus on cost management and revenue generation. Qualitatively, the company anticipates stabilizing market conditions and plans to leverage its investments to capitalize on emerging opportunities, aligning with their commitment to sustainable growth.
Additional News
Nocera, Inc. has received a non-compliance notice from Nasdaq due to a delay in filing its 2024 Annual Report (Form 10-K), as per Nasdaq Listing Rule 5250(c)(1). The company must present a compliance plan within 60 days, with an extension possible until October 13, 2025, if accepted. Despite the delay, Nocera’s stock continues trading under the symbol "NCRA" during this compliance process. The company is actively working to finalize the Form 10-K and aims to submit the compliance plan on time. The resolution of this compliance issue is critical to avoid potential delisting, ensuring adherence to listing standards.
Ask Aime: How will Nocera's earnings impact its stock price?
