Bright Minds Biosciences Past Earnings Performance
Past criteria checks 0/6
Bright Minds Biosciences's earnings have been declining at an average annual rate of -31.2%, while the Biotechs industry saw earnings growing at 15% annually.
Key information
-31.2%
Earnings growth rate
-11.5%
EPS growth rate
| Biotechs Industry Growth | 51.1% |
| Revenue growth rate | n/a |
| Return on equity | -111.4% |
| Net Margin | n/a |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Revenue & Expenses BreakdownBeta
How Bright Minds Biosciences 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 | -7 | 2 | 5 |
| 30 Sep 23 | 0 | -7 | 2 | 5 |
| 30 Jun 23 | 0 | -9 | 2 | 6 |
| 31 Mar 23 | 0 | -10 | 2 | 7 |
| 31 Dec 22 | 0 | -12 | 2 | 10 |
| 30 Sep 22 | 0 | -15 | 3 | 12 |
| 30 Jun 22 | 0 | -15 | 3 | 12 |
| 31 Mar 22 | 0 | -16 | 3 | 13 |
| 31 Dec 21 | 0 | -13 | 3 | 10 |
| 30 Sep 21 | 0 | -9 | 2 | 6 |
| 30 Jun 21 | 0 | -6 | 2 | 4 |
| 31 Mar 21 | 0 | -3 | 1 | 2 |
| 31 Dec 20 | 0 | -1 | 0 | 1 |
| 30 Sep 20 | 0 | 0 | 0 | 0 |
Quality Earnings: DRUG is currently unprofitable.
Growing Profit Margin: DRUG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DRUG is unprofitable, and losses have increased over the past 5 years at a rate of 31.2% per year.
Accelerating Growth: Unable to compare DRUG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DRUG is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-14.4%).
Return on Equity
High ROE: DRUG has a negative Return on Equity (-111.41%), as it is currently unprofitable.