Echo IQ Limited
ASX:EIQ Stock Report
Echo IQ Past Earnings Performance Echo IQ's earnings have been declining at an average annual rate of -32.7%, while the Software industry saw earnings growing at 17.2% annually. Revenues have been declining at an average rate of 36.2% per year.
Key information
-32.7%
Earnings growth rate
Software Industry Growth 22.1% Revenue growth rate -36.2% Return on equity -79.9% Net Margin -12,155.4% Last Earnings Update 30 Jun 2024
Recent past performance updates
Full year 2024 earnings released: AU$0.011 loss per share (vs AU$0.018 loss in FY 2023) Oct 05
Full year 2024 earnings released: AU$0.012 loss per share (vs AU$0.018 loss in FY 2023) Aug 30
Full year 2023 earnings released: AU$0.018 loss per share (vs AU$0.017 loss in FY 2022) Oct 02
Full year 2023 earnings released: AU$0.018 loss per share (vs AU$0.017 loss in FY 2022) Sep 01
First half 2023 earnings released: AU$0.01 loss per share (vs AU$0.009 loss in 1H 2022) Mar 03
Full year 2022 earnings released: AU$0.017 loss per share (vs AU$0.012 loss in FY 2021) Oct 01
Show all updates
Echo IQ Limited Announces CEO Changes, Effective 10 January 2025 Oct 09
Full year 2024 earnings released: AU$0.011 loss per share (vs AU$0.018 loss in FY 2023) Oct 05
Echo IQ Limited, Annual General Meeting, Nov 12, 2024 Sep 24
Full year 2024 earnings released: AU$0.012 loss per share (vs AU$0.018 loss in FY 2023) Aug 30
New major risk - Share price stability May 05
New minor risk - Share price stability Mar 27
Here's Why We're Watching Echo IQ's (ASX:EIQ) Cash Burn Situation Feb 13
Echo IQ Limited Announces the Resignation of Shannon Robinson from the Role of Joint Company Secretary Feb 01
Is Echo IQ (ASX:EIQ) In A Good Position To Deliver On Growth Plans? Oct 07
Echo IQ Limited, Annual General Meeting, Nov 21, 2023 Oct 05
Full year 2023 earnings released: AU$0.018 loss per share (vs AU$0.017 loss in FY 2022) Oct 02
Full year 2023 earnings released: AU$0.018 loss per share (vs AU$0.017 loss in FY 2022) Sep 01
New minor risk - Financial data availability Aug 31
Independent Non-Executive Director exercised options to buy AU$714k worth of stock. Jul 08
Here's Why We're Watching Echo IQ's (ASX:EIQ) Cash Burn Situation Jun 21
Echo IQ Announces the Appointment of Simon Tolhurst as A Non-Executive Director Jun 03
First half 2023 earnings released: AU$0.01 loss per share (vs AU$0.009 loss in 1H 2022) Mar 03
Echo Iq Limited Announces Positive Interim Results from Clinical Trial At St Vincent's Dec 16
Echo IQ Launches EchoSolv for Immediate Distribution Dec 09
Echo IQ Limited Announces Positive Results from US Clinical Study Dec 01
Less than half of directors are independent Nov 16
Echo IQ Limited Appoints Adam Uren as Joint Company Secretary Nov 10
Echo IQ Limited, Annual General Meeting, Nov 28, 2022 Oct 10
Full year 2022 earnings released: AU$0.017 loss per share (vs AU$0.012 loss in FY 2021) Oct 01
Echo IQ Appoints Donald Fowler as President, Echo IQ USA Sep 13
Full year 2022 earnings released: AU$0.016 loss per share (vs AU$0.011 loss in FY 2021) Sep 01
Interim MD & Executive Chairman exercised options to buy AU$600k worth of stock. Jul 06
Paul and David Smulders completed the acquisition of Prometheus Information Pty Limited from Echo IQ Limited (ASX:EIQ). Jul 05
Independent Non-Executive Director exercised options to buy AU$500k worth of stock. Jun 26
Less than half of directors are independent Apr 27
Full year 2021 earnings released: AU$0.011 loss per share (vs AU$0.012 loss in FY 2020) Oct 04
Independent Non-Executive Director recently bought AU$200k worth of stock Sep 14
Full year 2021 earnings released: AU$0.01 loss per share (vs AU$0.012 loss in FY 2020) Sep 03
Houston We Have Limited (ASX:HWH) completed the acquisition of Alerte Echo IQ Pty Ltd. Jul 15
We Think Houston We Have (ASX:HWH) Can Easily Afford To Drive Business Growth May 07
Houston We Have and Wipro Form a Strategic Alliance Feb 11
Houston We Have Limited Update Shareholders on A New Client Engagement in the United Kingdom Dec 18
Houston We Have Limited Announces Executives Changes Dec 12
Full year earnings released - AU$0.012 loss per share Oct 04
Houston We Have Limited Announces Resignation of Antanas Guoga as Non-Executive Director Sep 29
Full year earnings released - AU$0.012 loss per share Sep 02
Revenue & Expenses Breakdown
How Echo IQ makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History ASX:EIQ Revenue, expenses and earnings (AUD Millions) Date Revenue Earnings G+A Expenses R&D Expenses 30 Jun 24 0 -5 3 0 31 Mar 24 0 -6 3 0 30 Jun 23 0 -8 4 0 31 Mar 23 0 -8 4 0 31 Dec 22 0 -7 4 0 30 Sep 22 0 -7 4 0 30 Jun 22 0 -6 4 0 31 Mar 22 1 -6 4 0 31 Dec 21 0 -6 4 0 30 Sep 21 0 -5 3 0 30 Jun 21 0 -3 2 0 31 Mar 21 1 -2 2 0 31 Dec 20 1 -2 1 0 30 Sep 20 1 -2 1 0 30 Jun 20 1 -3 2 0 31 Mar 20 1 -2 2 0 31 Dec 19 1 -2 2 0 30 Sep 19 1 -1 1 0 30 Jun 19 1 0 1 0 31 Mar 19 0 -1 1 0 31 Dec 18 0 -1 1 0 30 Sep 18 0 -2 1 0 30 Jun 18 0 -2 2 0 31 Mar 18 0 -2 2 0 31 Dec 17 0 -2 2 0 30 Sep 17 0 -8 1 0 30 Jun 17 0 -14 1 0 31 Mar 17 0 -14 1 0 31 Dec 16 0 -14 1 0 30 Sep 16 0 -8 1 0 30 Jun 16 0 -1 0 0 30 Jun 15 0 0 0 0 30 Jun 14 0 0 0 0
Quality Earnings: EIQ is currently unprofitable.
Growing Profit Margin: EIQ is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EIQ is unprofitable, and losses have increased over the past 5 years at a rate of 32.7% per year.
Accelerating Growth: Unable to compare EIQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EIQ is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (6.8%).
Return on Equity
High ROE: EIQ has a negative Return on Equity (-79.92%), as it is currently unprofitable.
Return on Capital Employed
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