Spinnova Oyj Past Earnings Performance
Past criteria checks 0/6
Spinnova Oyj's earnings have been declining at an average annual rate of -30.1%, while the Luxury industry saw earnings growing at 15.7% annually. Revenues have been growing at an average rate of 52.4% per year.
Key information
-30.1%
Earnings growth rate
-21.7%
EPS growth rate
| Luxury Industry Growth | 13.8% |
| Revenue growth rate | 52.4% |
| Return on equity | -22.4% |
| Net Margin | -184.2% |
| Next Earnings Update | 22 Aug 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Spinnova Oyj 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 | 11 | -20 | 11 | 0 |
| 30 Sep 23 | 18 | -19 | 11 | 0 |
| 30 Jun 23 | 25 | -17 | 10 | 0 |
| 31 Mar 23 | 25 | -16 | 9 | 0 |
| 31 Dec 22 | 24 | -15 | 9 | 0 |
| 30 Sep 22 | 19 | -14 | 8 | 0 |
| 30 Jun 22 | 13 | -13 | 7 | 0 |
| 31 Mar 22 | 10 | -17 | 6 | 0 |
| 31 Dec 21 | 6 | -15 | 5 | 0 |
| 30 Sep 21 | 3 | -15 | 4 | 0 |
| 30 Jun 21 | 1 | -14 | 3 | 0 |
| 31 Mar 21 | 0 | -6 | 3 | 0 |
| 31 Dec 20 | 0 | -6 | 2 | 0 |
| 31 Dec 19 | 1 | -2 | 2 | 0 |
| 31 Dec 18 | 0 | -2 | 1 | 0 |
Quality Earnings: SPINN is currently unprofitable.
Growing Profit Margin: SPINN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SPINN is unprofitable, and losses have increased over the past 5 years at a rate of 30.1% per year.
Accelerating Growth: Unable to compare SPINN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPINN is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (3.2%).
Return on Equity
High ROE: SPINN has a negative Return on Equity (-22.44%), as it is currently unprofitable.