Advanced Blockchain Past Earnings Performance
Past criteria checks 3/6
Advanced Blockchain has been growing earnings at an average annual rate of 36%, while the Software industry saw earnings growing at 10.3% annually. Revenues have been declining at an average rate of 124.4% per year.
Key information
36.0%
Earnings growth rate
n/a
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | -124.4% |
| Return on equity | 19.8% |
| Net Margin | -39.4% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Advanced Blockchain 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 |
|---|---|---|---|---|
| 30 Jun 23 | -7 | 3 | 0 | 0 |
| 31 Mar 23 | 4 | 2 | 0 | 0 |
| 31 Dec 22 | 15 | 2 | 0 | 0 |
| 30 Sep 22 | 27 | 3 | 0 | 0 |
| 30 Jun 22 | 30 | 2 | 0 | 0 |
| 31 Mar 22 | 19 | 3 | 0 | 0 |
| 31 Dec 21 | 17 | 6 | 0 | 0 |
| 30 Sep 21 | 10 | 4 | 0 | 0 |
| 30 Jun 21 | 3 | 2 | 0 | 0 |
| 31 Mar 21 | 2 | 1 | 0 | 0 |
| 31 Dec 20 | 1 | 0 | 0 | 0 |
| 30 Sep 20 | 1 | 0 | 0 | 0 |
| 30 Jun 20 | 0 | -1 | 0 | 0 |
| 31 Mar 20 | 0 | 0 | 0 | 0 |
| 31 Dec 19 | 1 | 0 | 0 | 0 |
| 30 Sep 19 | 1 | 0 | 0 | 0 |
| 30 Jun 19 | 0 | -1 | 0 | 0 |
| 31 Mar 19 | 0 | -1 | 0 | 0 |
| 31 Dec 18 | 0 | -1 | 0 | 0 |
| 30 Sep 18 | 0 | -1 | 0 | 0 |
| 30 Jun 18 | 0 | 0 | 0 | 0 |
| 31 Mar 18 | 0 | 0 | 0 | 0 |
| 31 Dec 17 | 0 | 0 | 0 | 0 |
| 31 Dec 16 | 0 | 0 | 0 | 0 |
| 31 Dec 15 | 0 | 0 | 0 | 0 |
| 31 Dec 14 | 0 | 0 | 0 | 0 |
| 31 Dec 13 | 0 | 0 | 0 | 0 |
Quality Earnings: ABX has high quality earnings.
Growing Profit Margin: ABX's current net profit margins (-39.4%) are lower than last year (7.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ABX has become profitable over the past 5 years.
Accelerating Growth: Insufficient data to compare ABX's past year earnings growth to its 5-year average.
Earnings vs Industry: ABX earnings growth over the past year (36%) exceeded the Software industry 10.6%.
Return on Equity
High ROE: ABX's Return on Equity (19.8%) is considered low.