Wellfield Technologies Past Earnings Performance
Past criteria checks 0/6
Wellfield Technologies's earnings have been declining at an average annual rate of -49.6%, while the Software industry saw earnings growing at 10.5% annually. Revenues have been growing at an average rate of 74.8% per year.
Key information
-49.6%
Earnings growth rate
-22.4%
EPS growth rate
| Software Industry Growth | 8.2% |
| Revenue growth rate | 74.8% |
| Return on equity | -55.4% |
| Net Margin | -11.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Wellfield Technologies Inc. (CVE:WFLD) Surges 50% Yet Its Low P/S Is No Reason For Excitement
Jun 12
Wellfield Technologies Inc.'s (CVE:WFLD) Share Price Boosted 50% But Its Business Prospects Need A Lift Too
Jun 12Wellfield Technologies Inc.'s (CVE:WFLD) Business And Shares Still Trailing The Industry
Feb 10Wellfield Technologies (CVE:WFLD) Is In A Good Position To Deliver On Growth Plans
Mar 02Revenue & Expenses Breakdown
How Wellfield Technologies 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 | 73 | -9 | 11 | 4 |
| 30 Sep 23 | 113 | -11 | 12 | 5 |
| 30 Jun 23 | 121 | -38 | 12 | 6 |
| 31 Mar 23 | 89 | -38 | 12 | 6 |
| 31 Dec 22 | 67 | -43 | 13 | 6 |
| 30 Sep 22 | 25 | -42 | 9 | 4 |
| 30 Jun 22 | 6 | -13 | 7 | 3 |
| 31 Mar 22 | 0 | -10 | 5 | 2 |
| 31 Dec 21 | 0 | -5 | 2 | 1 |
| 30 Sep 21 | 0 | -2 | 1 | 1 |
| 30 Jun 21 | 0 | 0 | 0 | 1 |
| 31 Mar 21 | 0 | -1 | 0 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
| 31 Dec 19 | 0 | -1 | 0 | 1 |
Quality Earnings: WFLD is currently unprofitable.
Growing Profit Margin: WFLD is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WFLD is unprofitable, and losses have increased over the past 5 years at a rate of 49.6% per year.
Accelerating Growth: Unable to compare WFLD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WFLD is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (12.1%).
Return on Equity
High ROE: WFLD has a negative Return on Equity (-55.42%), as it is currently unprofitable.