X2M Connect Past Earnings Performance
Past criteria checks 0/6
X2M Connect has been growing earnings at an average annual rate of 3.6%, while the Electronic industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 26.6% per year.
Key information
3.6%
Earnings growth rate
37.8%
EPS growth rate
| Electronic Industry Growth | 16.1% |
| Revenue growth rate | 26.6% |
| Return on equity | -1,195.2% |
| Net Margin | -48.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How X2M Connect 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 Jun 24 | 13 | -7 | 3 | 0 |
| 31 Mar 24 | 14 | -7 | 3 | 0 |
| 31 Dec 23 | 15 | -7 | 2 | 0 |
| 30 Sep 23 | 15 | -7 | 2 | 0 |
| 30 Jun 23 | 16 | -7 | 2 | 0 |
| 31 Mar 23 | 16 | -7 | 2 | 0 |
| 31 Dec 22 | 15 | -7 | 2 | 0 |
| 30 Sep 22 | 13 | -8 | 3 | 0 |
| 30 Jun 22 | 10 | -10 | 4 | 0 |
| 31 Mar 22 | 9 | -11 | 5 | 0 |
| 31 Dec 21 | 7 | -12 | 5 | 0 |
| 30 Sep 21 | 7 | -10 | 4 | 0 |
| 30 Jun 21 | 6 | -8 | 3 | 0 |
| 30 Jun 20 | 2 | -2 | 1 | 0 |
Quality Earnings: X2M is currently unprofitable.
Growing Profit Margin: X2M is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: X2M is unprofitable, but has reduced losses over the past 5 years at a rate of 3.6% per year.
Accelerating Growth: Unable to compare X2M's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: X2M is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-3.8%).
Return on Equity
High ROE: X2M has a negative Return on Equity (-1195.25%), as it is currently unprofitable.