ENGAGE XR Holdings Past Earnings Performance
Past criteria checks 0/6
ENGAGE XR Holdings's earnings have been declining at an average annual rate of -16.6%, while the Software industry saw earnings growing at 16.1% annually. Revenues have been growing at an average rate of 34.6% per year.
Key information
-16.6%
Earnings growth rate
0.1%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 34.6% |
| Return on equity | -47.5% |
| Net Margin | -109.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How ENGAGE XR Holdings 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 | 4 | -4 | 7 | 0 |
| 30 Sep 23 | 4 | -5 | 8 | 0 |
| 30 Jun 23 | 4 | -5 | 8 | 0 |
| 31 Mar 23 | 4 | -6 | 8 | 0 |
| 31 Dec 22 | 4 | -6 | 8 | 0 |
| 30 Sep 22 | 3 | -5 | 7 | 0 |
| 30 Jun 22 | 3 | -5 | 7 | 0 |
| 31 Mar 22 | 3 | -4 | 5 | 0 |
| 31 Dec 21 | 2 | -3 | 4 | 0 |
| 30 Sep 21 | 2 | -3 | 4 | 0 |
| 30 Jun 21 | 2 | -3 | 4 | 0 |
| 31 Mar 21 | 2 | -3 | 3 | 0 |
| 31 Dec 20 | 1 | -3 | 3 | 0 |
| 30 Sep 20 | 1 | -2 | 3 | 0 |
| 30 Jun 20 | 1 | -2 | 2 | 0 |
| 31 Mar 20 | 1 | -2 | 2 | 0 |
| 31 Dec 19 | 1 | -2 | 2 | 0 |
| 30 Sep 19 | 1 | -2 | 2 | 0 |
| 30 Jun 19 | 1 | -2 | 2 | 0 |
| 31 Mar 19 | 1 | -3 | 2 | 0 |
| 31 Dec 18 | 1 | -5 | 2 | 0 |
| 30 Sep 18 | 1 | -5 | 2 | 0 |
| 30 Jun 18 | 1 | -5 | 2 | 0 |
| 31 Mar 18 | 1 | -3 | 1 | 0 |
| 31 Dec 17 | 1 | -1 | 1 | 0 |
| 30 Sep 17 | 1 | 0 | 1 | 0 |
| 31 Dec 16 | 0 | 0 | 0 | 0 |
| 31 Dec 15 | 0 | 0 | 0 | 0 |
Quality Earnings: 6VR is currently unprofitable.
Growing Profit Margin: 6VR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6VR is unprofitable, and losses have increased over the past 5 years at a rate of 16.6% per year.
Accelerating Growth: Unable to compare 6VR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6VR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-0.7%).
Return on Equity
High ROE: 6VR has a negative Return on Equity (-47.54%), as it is currently unprofitable.