Titan Medical Past Earnings Performance
Past criteria checks 0/6
Titan Medical has been growing earnings at an average annual rate of 30.6%, while the Medical Equipment industry saw earnings growing at 11.8% annually. Revenues have been growing at an average rate of 13.7% per year.
Key information
30.6%
Earnings growth rate
64.6%
EPS growth rate
| Medical Equipment Industry Growth | -19.2% |
| Revenue growth rate | 13.7% |
| Return on equity | -205.3% |
| Net Margin | -1,245.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Titan Medical 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 | 0 | -6 | 4 | -1 |
| 31 Mar 24 | 18 | 9 | 6 | 0 |
| 31 Dec 23 | 18 | 7 | 7 | 0 |
| 30 Sep 23 | 18 | -1 | 9 | 7 |
| 30 Jun 23 | 17 | -12 | 11 | 15 |
| 31 Mar 23 | 0 | -36 | 11 | 24 |
| 31 Dec 22 | 0 | -43 | 11 | 33 |
| 30 Sep 22 | 10 | -21 | 11 | 37 |
| 30 Jun 22 | 10 | -19 | 12 | 40 |
| 31 Mar 22 | 20 | -9 | 11 | 40 |
| 31 Dec 21 | 20 | -15 | 12 | 38 |
| 30 Sep 21 | 20 | -45 | 11 | 34 |
| 30 Jun 21 | 20 | -38 | 10 | 25 |
| 31 Mar 21 | 20 | -38 | 10 | 16 |
| 31 Dec 20 | 20 | -24 | 8 | 8 |
| 30 Sep 20 | 10 | -1 | 8 | 5 |
| 30 Jun 20 | 10 | -1 | 8 | 19 |
| 31 Mar 20 | 0 | -14 | 8 | 37 |
| 31 Dec 19 | 0 | -42 | 8 | 51 |
| 30 Sep 19 | 0 | -53 | 8 | 64 |
| 30 Jun 19 | 0 | -59 | 8 | 56 |
| 31 Mar 19 | 0 | -50 | 7 | 44 |
| 31 Dec 18 | 0 | -23 | 7 | 33 |
| 30 Sep 18 | 0 | -27 | 7 | 22 |
| 30 Jun 18 | 0 | -33 | 6 | 17 |
| 31 Mar 18 | 0 | -29 | 6 | 13 |
| 31 Dec 17 | 0 | -34 | 6 | 13 |
| 30 Sep 17 | 0 | -23 | 6 | 11 |
| 30 Jun 17 | 0 | -11 | 6 | 10 |
| 31 Mar 17 | 0 | -17 | 5 | 15 |
| 31 Dec 16 | 0 | -23 | 5 | 23 |
| 30 Sep 16 | 0 | -34 | 4 | 35 |
| 30 Jun 16 | 0 | -44 | 4 | 42 |
| 31 Mar 16 | 0 | -44 | 4 | 43 |
| 31 Dec 15 | 0 | -41 | 4 | 38 |
| 30 Sep 15 | 0 | -28 | 4 | 29 |
| 30 Jun 15 | 0 | -20 | 4 | 21 |
| 31 Mar 15 | 0 | -19 | 4 | 15 |
| 31 Dec 14 | 0 | -13 | 3 | 11 |
| 30 Sep 14 | 0 | -16 | 4 | 8 |
| 30 Jun 14 | 0 | -15 | 3 | 6 |
| 31 Mar 14 | 0 | -10 | 3 | 5 |
Quality Earnings: TMD is currently unprofitable.
Growing Profit Margin: TMD is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TMD is unprofitable, but has reduced losses over the past 5 years at a rate of 30.6% per year.
Accelerating Growth: Unable to compare TMD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TMD is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (7.9%).
Return on Equity
High ROE: TMD has a negative Return on Equity (-205.35%), as it is currently unprofitable.