PlasCred Circular Innovations Past Earnings Performance
Past criteria checks 0/6
PlasCred Circular Innovations's earnings have been declining at an average annual rate of -985.8%, while the Commercial Services industry saw earnings growing at 10.1% annually.
Key information
-985.8%
Earnings growth rate
-48.5%
EPS growth rate
| Commercial Services Industry Growth | 9.7% |
| Revenue growth rate | n/a |
| Return on equity | -1,992.7% |
| Net Margin | n/a |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How PlasCred Circular Innovations 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 | 0 | -11 | 3 | 0 |
| 31 Dec 23 | 0 | -10 | 3 | 0 |
| 30 Sep 23 | 0 | -6 | 2 | 0 |
| 30 Jun 23 | 0 | -1 | 1 | 0 |
| 31 Mar 23 | 0 | -1 | 1 | 0 |
Quality Earnings: XV2 is currently unprofitable.
Growing Profit Margin: XV2 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if XV2's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare XV2's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: XV2 is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (16.5%).
Return on Equity
High ROE: XV2 has a negative Return on Equity (-1992.69%), as it is currently unprofitable.