RAS Technology Holdings Past Earnings Performance
Past criteria checks 0/6
RAS Technology Holdings's earnings have been declining at an average annual rate of -43.9%, while the Professional Services industry saw earnings growing at 4.3% annually. Revenues have been growing at an average rate of 34.6% per year.
Key information
-43.9%
Earnings growth rate
40.8%
EPS growth rate
| Professional Services Industry Growth | 8.7% |
| Revenue growth rate | 34.6% |
| Return on equity | -9.0% |
| Net Margin | -8.2% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How RAS Technology Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 14 | -1 | 4 | 0 |
| 30 Sep 23 | 13 | -1 | 4 | 0 |
| 30 Jun 23 | 12 | -1 | 4 | 0 |
| 31 Mar 23 | 11 | -2 | 4 | 0 |
| 31 Dec 22 | 10 | -2 | 4 | 0 |
| 30 Sep 22 | 9 | -2 | 4 | 0 |
| 30 Jun 22 | 8 | -3 | 4 | 0 |
| 31 Mar 22 | 8 | -2 | 3 | 0 |
| 31 Dec 21 | 7 | -1 | 2 | 0 |
| 30 Sep 21 | 6 | 0 | 2 | 0 |
| 30 Jun 21 | 5 | 2 | 2 | 0 |
| 30 Jun 20 | 4 | 0 | 2 | 0 |
| 30 Jun 19 | 4 | 0 | 2 | 0 |
Quality Earnings: RTH is currently unprofitable.
Growing Profit Margin: RTH is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RTH is unprofitable, and losses have increased over the past 5 years at a rate of 43.9% per year.
Accelerating Growth: Unable to compare RTH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RTH is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (3.4%).
Return on Equity
High ROE: RTH has a negative Return on Equity (-9.02%), as it is currently unprofitable.