Home
News
Chat
Markets
Screener
Portfolio
Latest
Watchlists 
Elite Diagnostics Ltd (ELITE) recently reported their June 2020 Year End (YE) results. Here are the highlights.
This is just a summary, but for more charts, ratios and other details visit ELITE’s page here
Year To Date (2020YE)
- Revenue totaled $439.80m. Increasing by 8.63% or 34.93m YTD YoY.
Notable increase in revenue, indicative of continued demand for their services. However, revenue growth is less than expected considering the expansion (indicative of their challenges), and is also not enough to cover the growth in expenses. - Cost Of Sales / Direct Expenses was -$161.50m. Up by 27.92% or -35.25m YTD YoY.
ELITE suffered from lengthier than expected equipment breakdowns in its St. Ann location. The effects of COVID-19 also affected in procurement of parts and assessment for repairs.
Revenue
Continue Reading with a MoneyMax101 Membership
This content requires an Investor Account or higher.
Recent News About Elite Diagnostics Ltd
-
Jamaica Stock Exchange / Jamaica – Wed Oct 28, 2020 03:51 pm
-
Caribbean Business Report / Caribbean – Thu Oct 01, 2020 11:00 am
-
Loop News / Jamaica – Wed Sep 30, 2020 10:20 am
-
Jamaica Observer / Jamaica – Wed Sep 30, 2020 12:30 am
-
Jamaica Stock Exchange / Jamaica – Mon Sep 28, 2020 09:26 pm
-
Jamaica Gleaner / Jamaica – Wed May 27, 2020 12:10 am
-
BusinessWire / Caribbean – Mon Nov 04, 2019 09:10 am
Recent Discussions About Elite Diagnostics Ltd
-
#ELITE trading at $3. Haven’t seen it that low in a while@Stephen / Tue Aug 25, 2020 09:35 am
-
@Stephen / Mon Jun 29, 2020 10:23 am
-
@MoneyMax101 / Thu Feb 20, 2020 12:03 pm
-
#ELITE results out. Revenue up but profit down due to St. Ann location expenses.@MoneyMax101 / Thu Feb 13, 2020 04:41 pm
-
So I’ll just post the strategies here about how to execute your sell strategy and you can read…@Stephen / Wed Feb 05, 2020 08:25 pm
This was an interesting review. I know some of us here have been bullish on #ELITE... read more
on Elite Diagnostics Ltd (ELITE) Earned Less Than 3/4 Of What It Made Last Year As The Company Struggles With Equipment Breakdown, Reduced Demand & Hours - Jun 2020 (YE) Earnings Review▼