Desktop Metal Past Earnings Performance
Past criteria checks 0/6
Desktop Metal's earnings have been declining at an average annual rate of -37.3%, while the Machinery industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 26% per year.
Key information
-37.3%
Earnings growth rate
-27.6%
EPS growth rate
| Machinery Industry Growth | 10.7% |
| Revenue growth rate | 26.0% |
| Return on equity | -377.0% |
| Net Margin | -215.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Desktop Metal 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 | 175 | -376 | 85 | 68 |
| 31 Mar 24 | 189 | -323 | 95 | 76 |
| 31 Dec 23 | 190 | -323 | 100 | 79 |
| 30 Sep 23 | 198 | -461 | 105 | 89 |
| 30 Jun 23 | 202 | -475 | 122 | 84 |
| 31 Mar 23 | 207 | -723 | 127 | 86 |
| 31 Dec 22 | 209 | -740 | 143 | 90 |
| 30 Sep 22 | 205 | -499 | 143 | 86 |
| 30 Jun 22 | 183 | -505 | 141 | 90 |
| 31 Mar 22 | 145 | -251 | 126 | 82 |
| 31 Dec 21 | 112 | -240 | 102 | 69 |
| 30 Sep 21 | 64 | -138 | 89 | 58 |
| 30 Jun 21 | 41 | -91 | 64 | 47 |
| 31 Mar 21 | 24 | -71 | 46 | 42 |
| 31 Dec 20 | 16 | -34 | 33 | 43 |
| 30 Sep 20 | 14 | -93 | 29 | 45 |
| 30 Jun 20 | 20 | -97 | 27 | 50 |
| 31 Mar 20 | 24 | -99 | 29 | 54 |
| 31 Dec 19 | 26 | -104 | 30 | 55 |
| 31 Dec 18 | 1 | -121 | 23 | 60 |
Quality Earnings: 8440 is currently unprofitable.
Growing Profit Margin: 8440 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8440 is unprofitable, and losses have increased over the past 5 years at a rate of 37.3% per year.
Accelerating Growth: Unable to compare 8440's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8440 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-4%).
Return on Equity
High ROE: 8440 has a negative Return on Equity (-377.04%), as it is currently unprofitable.