ReadCloud Past Earnings Performance
Past criteria checks 0/6
ReadCloud's earnings have been declining at an average annual rate of -1.5%, while the Software industry saw earnings growing at 24.6% annually. Revenues have been growing at an average rate of 20.9% per year.
Key information
-1.5%
Earnings growth rate
10.6%
EPS growth rate
| Software Industry Growth | 22.1% |
| Revenue growth rate | 20.9% |
| Return on equity | -23.3% |
| Net Margin | -21.7% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How ReadCloud 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 |
|---|---|---|---|---|
| 30 Sep 23 | 10 | -2 | 5 | 0 |
| 30 Jun 23 | 10 | -2 | 5 | 0 |
| 31 Mar 23 | 10 | -2 | 5 | 0 |
| 31 Dec 22 | 9 | -2 | 5 | 0 |
| 30 Sep 22 | 8 | -2 | 5 | 0 |
| 30 Jun 22 | 9 | -1 | 5 | 0 |
| 31 Mar 22 | 9 | -1 | 5 | 0 |
| 31 Dec 21 | 8 | -1 | 4 | 0 |
| 30 Sep 21 | 7 | -2 | 4 | 0 |
| 30 Jun 21 | 7 | -1 | 4 | 0 |
| 31 Mar 21 | 7 | -1 | 4 | 0 |
| 31 Dec 20 | 7 | -1 | 5 | 0 |
| 30 Sep 20 | 7 | -1 | 5 | 0 |
| 30 Jun 20 | 7 | -1 | 5 | 0 |
| 31 Mar 20 | 6 | -1 | 4 | 0 |
| 31 Dec 19 | 5 | -2 | 4 | 0 |
| 30 Sep 19 | 5 | -2 | 4 | 0 |
| 30 Jun 19 | 4 | -2 | 3 | 0 |
| 31 Mar 19 | 4 | -2 | 3 | 0 |
| 31 Dec 18 | 3 | -2 | 3 | 0 |
| 30 Sep 18 | 2 | -2 | 3 | 0 |
| 30 Jun 18 | 2 | -1 | 2 | 0 |
| 31 Mar 18 | 2 | -1 | 2 | 0 |
| 31 Dec 17 | 1 | 0 | 1 | 0 |
| 30 Sep 17 | 1 | 0 | 1 | 0 |
| 30 Jun 17 | 1 | 0 | 0 | 0 |
| 30 Jun 16 | 0 | 0 | 0 | 0 |
| 30 Jun 15 | 0 | 0 | 0 | 0 |
| 30 Jun 14 | 0 | 0 | 0 | 0 |
Quality Earnings: RCL is currently unprofitable.
Growing Profit Margin: RCL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RCL is unprofitable, and losses have increased over the past 5 years at a rate of 1.5% per year.
Accelerating Growth: Unable to compare RCL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RCL is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (12%).
Return on Equity
High ROE: RCL has a negative Return on Equity (-23.29%), as it is currently unprofitable.