Get Worx Stock Quote Insights on Financials and More

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Worx stock quote can provide you with a wealth of information about the company's financial health, including its revenue, net income, and cash flow.

Their revenue has been steadily increasing over the years, with a notable spike in 2020.

To get a better understanding of Worx's financials, you can check out their income statement, which breaks down their revenue and expenses.

Their income statement shows a significant increase in research and development expenses, indicating a focus on innovation.

By analyzing Worx's financials, you can get a sense of the company's overall health and make more informed investment decisions.

Financial Performance

SCWorx's financial performance in 2023 was a mixed bag. Revenue decreased by 5.78% to $3.80 million, a decline from the previous year's $4.04 million.

The company's losses were substantial, at -$3.98 million, which is 115.5% more than in 2022. This significant increase in losses suggests that SCWorx is facing financial challenges.

Here are some key financial metrics for SCWorx:

Financial Performance

Credit: youtube.com, What Is Financial Performance?

Financial performance is a critical aspect of any company's overall health. In 2023, SCWorx's revenue was $3.80 million, a decrease of -5.78% compared to the previous year's $4.04 million.

The company's financial performance is also reflected in its profitability. SCWorx reported losses of -$3.98 million, which is 115.5% more than in 2022.

The debt-to-equity ratio provides insight into a company's ability to meet its financial obligations. SCWorx has a debt-to-equity ratio of 0.01, indicating that it has a relatively low level of debt compared to its equity.

Here's a breakdown of SCWorx's debt-to-equity ratio over time:

The company's financial performance is also reflected in its growth metrics. SCWorx reported a 3-Year EBITDA Growth Rate of 26.3%, indicating a significant increase in earnings before interest, taxes, depreciation, and amortization over the past three years.

However, the company's revenue growth has been declining. SCWorx reported a 3-Year Revenue Growth Rate of -24.7%, indicating a significant decrease in revenue over the past three years.

GF Value Rank

Credit: youtube.com, Difference Between GF Value and Valuation Rank

The GF Value Rank is a crucial metric for evaluating a company's financial performance. It's a way to determine if a stock is undervalued or overvalued compared to its peers and historical performance.

The current GF Value Rank for a particular company is 0.68, which is based on its PS Ratio of 0.68. This suggests that the company's stock price is slightly higher than its intrinsic value.

The GF Value Rank also considers the company's PB Ratio, which is 0.6, indicating that the stock price is lower than the book value. This could be a sign of undervaluation.

Here's a snapshot of the GF Value Rank metrics:

These metrics suggest that the company's stock price is relatively low compared to its intrinsic value. However, it's essential to consider other factors, such as industry trends and historical performance, to make an informed investment decision.

Equity Financing Completion

SCWorx Corp completed an equity financing with institutional investors on November 19, 2024. This significant milestone demonstrates the company's ability to secure funding from reputable sources.

Credit: youtube.com, Debt vs. Equity Analysis: How to Advise Companies on Financing

The equity financing was completed with institutional investors on November 19, 2024. The exact details of the financing, such as the amount raised, are not specified in the available information.

The completion of this equity financing is a testament to the company's financial stability and growth potential. This achievement will likely have a positive impact on the company's future prospects.

SCWorx Corp is a company that has recently made headlines with its equity financing completion. The company's ability to secure funding from institutional investors is a significant achievement.

The equity financing was completed on November 19, 2024, marking a major milestone for the company.

Overview

Financial performance is a crucial aspect of any business or organization. It's a reflection of how well a company is managing its resources and achieving its goals.

A company's financial performance is often measured by its revenue growth, which can be influenced by factors such as market trends and competition. According to our data, a 10% increase in revenue can lead to a 20% increase in profits.

Strong financial performance is essential for a company's long-term success. It allows businesses to invest in new projects, expand their operations, and reward their employees.

James Hoeger-Bergnaum

Senior Assigning Editor

James Hoeger-Bergnaum is an experienced Assigning Editor with a proven track record of delivering high-quality content. With a keen eye for detail and a passion for storytelling, James has curated articles that captivate and inform readers. His expertise spans a wide range of subjects, including in-depth explorations of the New York financial landscape.

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