Adcore Past Earnings Performance
Past criteria checks 0/6
Adcore's earnings have been declining at an average annual rate of -58.5%, while the Software industry saw earnings growing at 21.3% annually. Revenues have been growing at an average rate of 14.5% per year.
Key information
-58.5%
Earnings growth rate
-60.1%
EPS growth rate
| Software Industry Growth | 8.2% |
| Revenue growth rate | 14.5% |
| Return on equity | -11.0% |
| Net Margin | -3.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Adcore 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 | 23 | -1 | 7 | 2 |
| 31 Mar 24 | 23 | -1 | 9 | 1 |
| 31 Dec 23 | 23 | -1 | 9 | 1 |
| 30 Sep 23 | 23 | -1 | 9 | 1 |
| 30 Jun 23 | 22 | -1 | 8 | 1 |
| 31 Mar 23 | 21 | -2 | 8 | 1 |
| 31 Dec 22 | 20 | -2 | 8 | 1 |
| 30 Sep 22 | 20 | -1 | 7 | 1 |
| 30 Jun 22 | 23 | -1 | 6 | 1 |
| 31 Mar 22 | 25 | -1 | 7 | 1 |
| 31 Dec 21 | 28 | 0 | 6 | 1 |
| 30 Sep 21 | 31 | -1 | 7 | 1 |
| 30 Jun 21 | 26 | -1 | 6 | 1 |
| 31 Mar 21 | 21 | 0 | 5 | 1 |
| 31 Dec 20 | 17 | 1 | 5 | 1 |
| 30 Sep 20 | 10 | 2 | 4 | 1 |
| 30 Jun 20 | 10 | 2 | 4 | 1 |
| 31 Mar 20 | 11 | 1 | 4 | 1 |
| 31 Dec 19 | 11 | 1 | 3 | 1 |
| 30 Sep 19 | 11 | 1 | 3 | 1 |
| 30 Jun 19 | 10 | 1 | 3 | 0 |
| 31 Mar 19 | 9 | 2 | 2 | 0 |
| 31 Dec 18 | 9 | 2 | 2 | 0 |
| 31 Dec 17 | 10 | 1 | 8 | 1 |
Quality Earnings: ADCO is currently unprofitable.
Growing Profit Margin: ADCO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ADCO is unprofitable, and losses have increased over the past 5 years at a rate of 58.5% per year.
Accelerating Growth: Unable to compare ADCO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ADCO is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (1.9%).
Return on Equity
High ROE: ADCO has a negative Return on Equity (-11.02%), as it is currently unprofitable.