Griid Infrastructure Past Earnings Performance
Past criteria checks 0/6
Griid Infrastructure's earnings have been declining at an average annual rate of -42.7%, while the Software industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 11.1% per year.
Key information
-42.7%
Earnings growth rate
-57.0%
EPS growth rate
| Software Industry Growth | 8.2% |
| Revenue growth rate | 11.1% |
| Return on equity | n/a |
| Net Margin | -95.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Griid Infrastructure 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 | 20 | -19 | 6 | 0 |
| 30 Sep 23 | 18 | -59 | 7 | 0 |
| 30 Jun 23 | 19 | -70 | 7 | 0 |
| 31 Mar 23 | 21 | -69 | 9 | 0 |
| 31 Dec 22 | 22 | -62 | 10 | 0 |
| 30 Sep 22 | 28 | -54 | 12 | 0 |
| 31 Dec 21 | 31 | -12 | 8 | 0 |
| 30 Sep 21 | 22 | -6 | 4 | 0 |
| 31 Dec 20 | 3 | -14 | 1 | 0 |
| 31 Dec 19 | 0 | -1 | 1 | 0 |
Quality Earnings: GRDI is currently unprofitable.
Growing Profit Margin: GRDI is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GRDI is unprofitable, and losses have increased over the past 5 years at a rate of 42.7% per year.
Accelerating Growth: Unable to compare GRDI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GRDI is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (12.1%).
Return on Equity
High ROE: GRDI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.