Forward Water Technologies Past Earnings Performance
Past criteria checks 0/6
Forward Water Technologies's earnings have been declining at an average annual rate of -5.9%, while the Machinery industry saw earnings growing at 23.5% annually. Revenues have been growing at an average rate of 33.1% per year.
Key information
-5.9%
Earnings growth rate
49.4%
EPS growth rate
| Machinery Industry Growth | 16.3% |
| Revenue growth rate | 33.1% |
| Return on equity | -247.5% |
| Net Margin | -2,978.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Forward Water Technologies 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 | 0 | -2 | 2 | 1 |
| 30 Sep 23 | 0 | -2 | 2 | 1 |
| 30 Jun 23 | 0 | -2 | 2 | 1 |
| 31 Mar 23 | 0 | -2 | 1 | 1 |
| 31 Dec 22 | 0 | -2 | 1 | 1 |
| 30 Sep 22 | 0 | -4 | 2 | 1 |
| 30 Jun 22 | 0 | -4 | 2 | 1 |
| 31 Mar 22 | 0 | -4 | 2 | 1 |
| 31 Dec 21 | 0 | -4 | 2 | 1 |
| 30 Sep 21 | 0 | -2 | 2 | 1 |
| 30 Jun 21 | 0 | -2 | 1 | 1 |
| 31 Mar 21 | 0 | -2 | 1 | 1 |
| 31 Mar 20 | 0 | -1 | 1 | 1 |
Quality Earnings: FWTC is currently unprofitable.
Growing Profit Margin: FWTC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FWTC is unprofitable, and losses have increased over the past 5 years at a rate of 5.9% per year.
Accelerating Growth: Unable to compare FWTC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FWTC is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (25.9%).
Return on Equity
High ROE: FWTC has a negative Return on Equity (-247.46%), as it is currently unprofitable.