Danimer Scientific Past Earnings Performance
Past criteria checks 0/6
Danimer Scientific's earnings have been declining at an average annual rate of -51.4%, while the Chemicals industry saw earnings growing at 11% annually. Revenues have been declining at an average rate of 4.9% per year.
Key information
-51.4%
Earnings growth rate
-30.9%
EPS growth rate
| Chemicals Industry Growth | 12.4% |
| Revenue growth rate | -4.9% |
| Return on equity | -57.0% |
| Net Margin | -324.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Danimer Scientific 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 | 45 | -146 | 61 | 26 |
| 31 Dec 23 | 47 | -155 | 73 | 28 |
| 30 Sep 23 | 51 | -144 | 75 | 28 |
| 30 Jun 23 | 51 | -199 | 77 | 30 |
| 31 Mar 23 | 50 | -190 | 81 | 31 |
| 31 Dec 22 | 53 | -180 | 85 | 31 |
| 30 Sep 22 | 56 | -164 | 89 | 33 |
| 30 Jun 22 | 59 | -61 | 97 | 29 |
| 31 Mar 22 | 60 | 8 | 94 | 25 |
| 31 Dec 21 | 59 | -60 | 82 | 20 |
| 30 Sep 21 | 53 | -51 | 64 | 14 |
| 30 Jun 21 | 53 | -61 | 41 | 10 |
| 31 Mar 21 | 50 | -102 | 24 | 9 |
| 31 Dec 20 | 47 | -9 | 17 | 7 |
| 30 Sep 20 | 44 | -9 | 15 | 7 |
| 30 Jun 20 | 40 | -3 | 14 | 6 |
| 31 Mar 20 | 35 | -11 | 15 | 5 |
| 31 Dec 19 | 32 | -20 | 17 | 5 |
| 31 Dec 18 | 30 | 0 | 7 | 5 |
Quality Earnings: 6CU is currently unprofitable.
Growing Profit Margin: 6CU is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6CU is unprofitable, and losses have increased over the past 5 years at a rate of 51.4% per year.
Accelerating Growth: Unable to compare 6CU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6CU is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-15.1%).
Return on Equity
High ROE: 6CU has a negative Return on Equity (-57.05%), as it is currently unprofitable.