GURUFOCUS.COM » STOCK LIST » Technology » Software » Thinkific Labs Inc (TSX:THNC) » Definitions » Revenue

Thinkific Labs (TSX:THNC) Revenue : C$81.91 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Thinkific Labs Revenue?

Thinkific Labs's revenue for the three months ended in Mar. 2024 was C$21.61 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was C$81.91 Mil. Thinkific Labs's Revenue per Share for the three months ended in Mar. 2024 was C$0.27. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was C$1.01.

Warning Sign:

Thinkific Labs Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Thinkific Labs was 11.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 39.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 61.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, Thinkific Labs's highest 3-Year average Revenue per Share Growth Rate was 90.70% per year. The lowest was 39.50% per year. And the median was 72.90% per year.


Thinkific Labs Revenue Historical Data

The historical data trend for Thinkific Labs's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thinkific Labs Revenue Chart

Thinkific Labs Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 12.90 26.99 48.79 69.93 79.23

Thinkific Labs Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.28 19.18 20.23 20.89 21.61

Competitive Comparison of Thinkific Labs's Revenue

For the Software - Application subindustry, Thinkific Labs's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thinkific Labs's Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Thinkific Labs's Revenue distribution charts can be found below:

* The bar in red indicates where Thinkific Labs's Revenue falls into.



Thinkific Labs Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$81.91 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Thinkific Labs  (TSX:THNC) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Thinkific Labs Revenue Related Terms

Thank you for viewing the detailed overview of Thinkific Labs's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Thinkific Labs (TSX:THNC) Business Description

Traded in Other Exchanges
Address
369 Terminal Ave, Suite 400, Vancouver, BC, CAN, V6A 4C4
Thinkific Labs Inc is a cloud-based software platform. The Company's primary business activity is to provide a platform that helps entrepreneurs and established businesses to scale and generate revenue by teaching what they know. The Company's 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 our Creators can create, sell and deliver using the Company's Platform.

Thinkific Labs (TSX:THNC) Headlines

No Headlines