Kovo HealthTech Past Earnings Performance
Past criteria checks 0/6
Kovo HealthTech's earnings have been declining at an average annual rate of -39.4%, while the Healthcare Services industry saw earnings growing at 11.2% annually. Revenues have been growing at an average rate of 30.4% per year.
Key information
-39.4%
Earnings growth rate
-19.8%
EPS growth rate
| Healthcare Services Industry Growth | -3.9% |
| Revenue growth rate | 30.4% |
| Return on equity | n/a |
| Net Margin | -55.7% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Kovo HealthTech 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 | 11 | -6 | 4 | 0 |
| 31 Dec 23 | 10 | -5 | 4 | 0 |
| 30 Sep 23 | 10 | -3 | 4 | 0 |
| 30 Jun 23 | 10 | -2 | 3 | 0 |
| 31 Mar 23 | 10 | -1 | 3 | 0 |
| 31 Dec 22 | 11 | 0 | 4 | 0 |
| 30 Sep 22 | 11 | -2 | 3 | 0 |
| 30 Jun 22 | 10 | -2 | 3 | 0 |
| 31 Mar 22 | 8 | -3 | 3 | 0 |
| 31 Dec 21 | 6 | -3 | 2 | 0 |
| 30 Sep 21 | 4 | -2 | 1 | 0 |
| 30 Jun 21 | 3 | -2 | 1 | 0 |
| 31 Mar 21 | 4 | -2 | 1 | 0 |
| 31 Dec 20 | 3 | -1 | 1 | 0 |
| 30 Sep 20 | 3 | -1 | 1 | 0 |
| 31 Dec 19 | 2 | 0 | 0 | 0 |
| 31 Dec 18 | 2 | 0 | 1 | 0 |
| 31 Dec 17 | 2 | -1 | 1 | 0 |
Quality Earnings: KOVO is currently unprofitable.
Growing Profit Margin: KOVO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KOVO is unprofitable, and losses have increased over the past 5 years at a rate of 39.4% per year.
Accelerating Growth: Unable to compare KOVO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KOVO is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare Services industry (8%).
Return on Equity
High ROE: KOVO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.