Martello Technologies Group Past Earnings Performance
Past criteria checks 0/6
Martello Technologies Group's earnings have been declining at an average annual rate of -33.1%, while the IT industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 10.2% per year.
Key information
-33.1%
Earnings growth rate
-15.7%
EPS growth rate
| IT Industry Growth | -3.5% |
| Revenue growth rate | 10.2% |
| Return on equity | -498.9% |
| Net Margin | -33.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Martello Technologies Group Inc.'s (CVE:MTLO) 67% Price Boost Is Out Of Tune With Revenues
Mar 29
There's Reason For Concern Over Martello Technologies Group Inc.'s (CVE:MTLO) Massive 33% Price Jump
Feb 13Martello Technologies Group Inc.'s (CVE:MTLO) Subdued P/S Might Signal An Opportunity
Jun 08Is Martello Technologies Group (CVE:MTLO) Weighed On By Its Debt Load?
Oct 14Is Martello Technologies Group (CVE:MTLO) Weighed On By Its Debt Load?
Jul 01Would Martello Technologies Group (CVE:MTLO) Be Better Off With Less Debt?
Jan 09We Think Some Shareholders May Hesitate To Increase Martello Technologies Group Inc.'s (CVE:MTLO) CEO Compensation
Sep 15We Think Martello Technologies Group (CVE:MTLO) Has A Fair Chunk Of Debt
Jul 20Revenue & Expenses Breakdown
How Martello Technologies Group 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 | 16 | -5 | 10 | 5 |
| 30 Sep 23 | 16 | -24 | 10 | 5 |
| 30 Jun 23 | 16 | -25 | 11 | 5 |
| 31 Mar 23 | 16 | -25 | 11 | 6 |
| 31 Dec 22 | 16 | -26 | 12 | 6 |
| 30 Sep 22 | 17 | -8 | 12 | 6 |
| 30 Jun 22 | 17 | -7 | 12 | 7 |
| 31 Mar 22 | 18 | -8 | 13 | 7 |
| 31 Dec 21 | 18 | -8 | 13 | 6 |
| 30 Sep 21 | 18 | -7 | 13 | 6 |
| 30 Jun 21 | 18 | -7 | 13 | 6 |
| 31 Mar 21 | 17 | -6 | 12 | 5 |
| 31 Dec 20 | 15 | -8 | 10 | 5 |
| 30 Sep 20 | 13 | -8 | 9 | 4 |
| 30 Jun 20 | 12 | -7 | 8 | 4 |
| 31 Mar 20 | 11 | -6 | 8 | 4 |
| 31 Dec 19 | 12 | -3 | 9 | 4 |
| 30 Sep 19 | 12 | -4 | 9 | 4 |
| 30 Jun 19 | 11 | -5 | 9 | 4 |
| 31 Mar 19 | 10 | -5 | 8 | 4 |
| 31 Dec 18 | 9 | -5 | 6 | 3 |
| 30 Sep 18 | 7 | -4 | 5 | 3 |
| 30 Jun 18 | 6 | -2 | 3 | 3 |
| 31 Mar 18 | 5 | -1 | 3 | 2 |
| 31 Mar 17 | 4 | 0 | 2 | 2 |
| 30 Apr 16 | 3 | 0 | 2 | 2 |
Quality Earnings: MTLO is currently unprofitable.
Growing Profit Margin: MTLO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MTLO is unprofitable, and losses have increased over the past 5 years at a rate of 33.1% per year.
Accelerating Growth: Unable to compare MTLO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MTLO is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (0.5%).
Return on Equity
High ROE: MTLO has a negative Return on Equity (-498.88%), as it is currently unprofitable.