SQID Technologies Past Earnings Performance
Past criteria checks 0/6
SQID Technologies's earnings have been declining at an average annual rate of -34%, while the Diversified Financial industry saw earnings growing at 11% annually. Revenues have been declining at an average rate of 53.7% per year.
Key information
-34.0%
Earnings growth rate
-32.0%
EPS growth rate
| Diversified Financial Industry Growth | 11.2% |
| Revenue growth rate | -53.7% |
| Return on equity | -56.8% |
| Net Margin | -16.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How SQID 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 Mar 24 | 0 | 0 | 0 | 0 |
| 31 Dec 23 | 0 | 0 | 0 | 0 |
| 30 Sep 23 | 1 | -1 | 1 | 0 |
| 30 Jun 23 | 1 | -1 | 1 | 0 |
| 31 Mar 23 | 0 | 0 | 1 | 0 |
| 31 Dec 22 | 0 | 0 | 1 | 0 |
| 30 Sep 22 | 0 | -2 | 1 | 0 |
| 30 Jun 22 | 1 | -2 | 1 | 0 |
| 31 Mar 22 | 1 | -3 | 1 | 0 |
| 31 Dec 21 | 1 | -3 | 1 | 0 |
| 30 Sep 21 | 2 | -2 | 1 | 0 |
| 30 Jun 21 | 4 | -2 | 2 | 0 |
| 31 Mar 21 | 5 | 0 | 2 | 0 |
| 31 Dec 20 | 7 | 0 | 2 | 0 |
| 30 Sep 20 | 8 | 1 | 1 | 0 |
| 30 Jun 20 | 7 | 0 | 1 | 0 |
| 31 Mar 20 | 7 | 1 | 1 | 0 |
| 31 Dec 19 | 6 | 1 | 1 | 0 |
| 30 Sep 19 | 6 | 1 | 1 | 0 |
| 30 Jun 19 | 5 | 1 | 1 | 0 |
| 30 Jun 18 | 3 | 0 | 0 | 0 |
Quality Earnings: SQID is currently unprofitable.
Growing Profit Margin: SQID is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SQID is unprofitable, and losses have increased over the past 5 years at a rate of 34% per year.
Accelerating Growth: Unable to compare SQID's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SQID is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (18.8%).
Return on Equity
High ROE: SQID has a negative Return on Equity (-56.81%), as it is currently unprofitable.