Onward Medical Past Earnings Performance
Past criteria checks 0/6
Onward Medical's earnings have been declining at an average annual rate of -20.4%, while the Medical Equipment industry saw earnings declining at 3.1% annually. Revenues have been growing at an average rate of 19% per year.
Key information
-20.4%
Earnings growth rate
30.6%
EPS growth rate
| Medical Equipment Industry Growth | -9.5% |
| Revenue growth rate | 19.0% |
| Return on equity | -105.6% |
| Net Margin | -7,240.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Onward Medical 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 | 1 | -36 | 14 | 19 |
| 30 Sep 23 | 1 | -36 | 15 | 12 |
| 30 Jun 23 | 2 | -36 | 17 | 5 |
| 31 Mar 23 | 2 | -34 | 15 | 5 |
| 31 Dec 22 | 2 | -33 | 14 | 6 |
| 30 Sep 22 | 2 | -35 | 15 | 6 |
| 30 Jun 22 | 2 | -38 | 15 | 6 |
| 31 Mar 22 | 2 | -36 | 14 | 5 |
| 31 Dec 21 | 1 | -34 | 13 | 5 |
| 30 Sep 21 | 1 | -29 | 10 | 4 |
| 30 Jun 21 | 1 | -24 | 7 | 3 |
| 31 Mar 21 | 1 | -22 | 6 | 3 |
| 31 Dec 20 | 1 | -20 | 5 | 3 |
| 31 Dec 19 | 1 | -13 | 4 | 1 |
| 31 Dec 18 | 0 | -10 | 2 | 1 |
Quality Earnings: ONWDB is currently unprofitable.
Growing Profit Margin: ONWDB is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ONWDB is unprofitable, and losses have increased over the past 5 years at a rate of 20.4% per year.
Accelerating Growth: Unable to compare ONWDB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ONWDB is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (-2.1%).
Return on Equity
High ROE: ONWDB has a negative Return on Equity (-105.63%), as it is currently unprofitable.