Recon Technology Past Earnings Performance
Past criteria checks 0/6
Recon Technology has been growing earnings at an average annual rate of 4.8%, while the Energy Services industry saw earnings growing at 22.8% annually. Revenues have been declining at an average rate of 4.5% per year.
Key information
4.8%
Earnings growth rate
49.1%
EPS growth rate
| Energy Services Industry Growth | 23.3% |
| Revenue growth rate | -4.5% |
| Return on equity | -13.2% |
| Net Margin | -77.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Recon Technology 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 | 67 | -52 | 83 | 10 |
| 30 Sep 23 | 67 | -56 | 81 | 10 |
| 30 Jun 23 | 67 | -59 | 78 | 9 |
| 31 Mar 23 | 71 | -52 | 74 | 9 |
| 31 Dec 22 | 75 | -46 | 69 | 9 |
| 30 Sep 22 | 79 | 25 | 81 | 9 |
| 30 Jun 22 | 84 | 96 | 93 | 9 |
| 31 Mar 22 | 80 | 97 | 95 | 8 |
| 31 Dec 21 | 77 | 97 | 96 | 8 |
| 30 Sep 21 | 63 | 37 | 79 | 7 |
| 30 Jun 21 | 48 | -23 | 62 | 6 |
| 31 Mar 21 | 54 | -22 | 45 | 7 |
| 31 Dec 20 | 61 | -21 | 29 | 8 |
| 30 Sep 20 | 63 | -20 | 31 | 7 |
| 30 Jun 20 | 66 | -19 | 33 | 7 |
| 31 Mar 20 | 78 | -21 | 39 | 6 |
| 31 Dec 19 | 91 | -22 | 45 | 4 |
| 30 Sep 19 | 96 | -24 | 48 | 4 |
| 30 Jun 19 | 102 | -25 | 51 | 3 |
| 31 Mar 19 | 87 | -35 | 45 | 3 |
| 31 Dec 18 | 74 | -37 | 43 | 3 |
| 30 Sep 18 | 94 | -42 | 45 | 3 |
| 30 Jun 18 | 85 | -44 | 42 | 3 |
| 31 Mar 18 | 86 | -42 | 49 | 3 |
| 31 Dec 17 | 75 | -39 | 42 | 4 |
| 30 Sep 17 | 64 | -33 | 41 | 8 |
| 30 Jun 17 | 60 | -31 | 39 | 8 |
| 31 Mar 17 | 50 | -37 | 41 | 8 |
| 31 Dec 16 | 48 | -39 | 45 | 7 |
| 30 Sep 16 | 47 | -37 | 39 | 6 |
| 30 Jun 16 | 43 | -41 | 40 | 7 |
| 31 Mar 16 | 43 | -52 | 49 | 7 |
| 31 Dec 15 | 58 | -44 | 45 | 7 |
| 30 Sep 15 | 51 | -36 | 44 | 5 |
| 30 Jun 15 | 52 | -31 | 41 | 4 |
| 31 Mar 15 | 63 | -3 | 21 | 6 |
| 31 Dec 14 | 61 | -4 | 21 | 7 |
| 30 Sep 14 | 86 | -3 | 22 | 8 |
| 30 Jun 14 | 93 | 1 | 21 | 8 |
| 31 Mar 14 | 90 | 2 | 19 | 6 |
| 31 Dec 13 | 79 | 3 | 20 | 6 |
| 30 Sep 13 | 79 | 2 | 18 | 8 |
Quality Earnings: HRC is currently unprofitable.
Growing Profit Margin: HRC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HRC is unprofitable, but has reduced losses over the past 5 years at a rate of 4.8% per year.
Accelerating Growth: Unable to compare HRC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HRC is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (29.4%).
Return on Equity
High ROE: HRC has a negative Return on Equity (-13.17%), as it is currently unprofitable.