Canoo Past Earnings Performance
Past criteria checks 0/6
Canoo's earnings have been declining at an average annual rate of -26.5%, while the Auto industry saw earnings growing at 16% annually. Revenues have been declining at an average rate of 62.8% per year.
Key information
-26.5%
Earnings growth rate
11.0%
EPS growth rate
| Auto Industry Growth | 11.9% |
| Revenue growth rate | -62.8% |
| Return on equity | -174.7% |
| Net Margin | -36,505.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Canoo 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 Mar 24 | 1 | -323 | 116 | 118 |
| 31 Dec 23 | 1 | -303 | 113 | 139 |
| 30 Sep 23 | 1 | -354 | 122 | 152 |
| 30 Jun 23 | 0 | -360 | 146 | 187 |
| 31 Mar 23 | 0 | -453 | 170 | 264 |
| 31 Dec 22 | 0 | -488 | 196 | 299 |
| 30 Sep 22 | 0 | -546 | 210 | 343 |
| 30 Jun 22 | 0 | -509 | 205 | 347 |
| 31 Mar 22 | 0 | -457 | 195 | 289 |
| 31 Dec 21 | 0 | -347 | 195 | 246 |
| 30 Sep 21 | 0 | -218 | 180 | 248 |
| 30 Jun 21 | 3 | -160 | 144 | 206 |
| 31 Mar 21 | 3 | -71 | 103 | 163 |
| 31 Dec 20 | 3 | -87 | 52 | 143 |
| 30 Sep 20 | 3 | -110 | 23 | 81 |
| 30 Jun 20 | 0 | -151 | 23 | 110 |
| 31 Mar 20 | 0 | -170 | 28 | 126 |
| 31 Dec 19 | 0 | -182 | 32 | 137 |
Quality Earnings: 9XK0 is currently unprofitable.
Growing Profit Margin: 9XK0 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9XK0 is unprofitable, and losses have increased over the past 5 years at a rate of 26.5% per year.
Accelerating Growth: Unable to compare 9XK0's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 9XK0 is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (0.5%).
Return on Equity
High ROE: 9XK0 has a negative Return on Equity (-174.74%), as it is currently unprofitable.