Advanced Bitcoin Technologies Past Earnings Performance
Past criteria checks 0/6
Advanced Bitcoin Technologies has been growing earnings at an average annual rate of 44.1%, while the Software industry saw earnings growing at 7.2% annually. Revenues have been declining at an average rate of 30.6% per year.
Key information
44.1%
Earnings growth rate
86.7%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | -30.6% |
| Return on equity | -40.7% |
| Net Margin | -683.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Revenue & Expenses Breakdown
How Advanced Bitcoin Technologies 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 | 0 | -2 | 0 | 0 |
| 31 Dec 22 | 0 | -3 | 0 | 0 |
| 31 Dec 21 | 0 | -1 | 0 | 0 |
| 31 Dec 20 | 1 | -28 | 0 | 0 |
| 31 Dec 19 | 1 | -7 | 0 | 0 |
Quality Earnings: ABT is currently unprofitable.
Growing Profit Margin: ABT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ABT is unprofitable, but has reduced losses over the past 5 years at a rate of 44.1% per year.
Accelerating Growth: Unable to compare ABT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ABT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (10.6%).
Return on Equity
High ROE: ABT has a negative Return on Equity (-40.68%), as it is currently unprofitable.