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Stock impact report

When Will Citius Oncology, Inc. (NASDAQ:CTOR) Become Profitable? [Yahoo! Finance]

Citius Oncology, Inc. (CTOR) 
Company Research Source: Yahoo! Finance
Citius Oncology, Inc. focuses on the development and commercialization of innovative targeted oncology therapies. With the latest financial year loss of US$21m and a trailing-twelve-month loss of US$27m, the US$131m market-cap company amplified its loss by moving further away from its breakeven target. The most pressing concern for investors is Citius Oncology's path to profitability – when will it breakeven? In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Citius Oncology is bordering on breakeven, according to some American Biotechs analysts. They anticipate the company to incur a final loss in 2026, before generating positive profits of US$61m in 2027. So, the company is predicted to breakeven approximately 2 years from today. How fast will the company have to grow each year in order to reac Show less Read more
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