TechFinancials Past Earnings Performance
Past criteria checks 0/6
TechFinancials has been growing earnings at an average annual rate of 74%, while the Medical Equipment industry saw earnings growing at 1.9% annually. Revenues have been declining at an average rate of 83.1% per year.
Key information
74.0%
Earnings growth rate
74.1%
EPS growth rate
| Medical Equipment Industry Growth | -9.5% |
| Revenue growth rate | -83.1% |
| Return on equity | -73.8% |
| Net Margin | n/a |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How TechFinancials 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 24 | 0 | 0 | 0 | 0 |
| 31 Mar 24 | 0 | 0 | 0 | 0 |
| 31 Dec 23 | 0 | 0 | 0 | 0 |
| 30 Sep 23 | 0 | 0 | 0 | 0 |
| 30 Jun 23 | 0 | 0 | 0 | 0 |
| 31 Mar 23 | 0 | 0 | 0 | 0 |
| 31 Dec 22 | 0 | 0 | 0 | 0 |
| 30 Jun 22 | 0 | 0 | 0 | 0 |
| 31 Mar 22 | 0 | 0 | 0 | 0 |
| 31 Dec 21 | 0 | 0 | 0 | 0 |
| 30 Jun 21 | 0 | 1 | 0 | 0 |
| 31 Mar 21 | 0 | 1 | 0 | 0 |
| 31 Dec 20 | 1 | 0 | 1 | 0 |
| 30 Jun 20 | 2 | -5 | 4 | 0 |
| 31 Mar 20 | 3 | -6 | 5 | 0 |
| 31 Dec 19 | 3 | -6 | 5 | 0 |
| 30 Sep 19 | 5 | -10 | 6 | 0 |
| 30 Jun 19 | 6 | -15 | 7 | 0 |
| 31 Mar 19 | 7 | -10 | 8 | 0 |
| 31 Dec 18 | 8 | -5 | 8 | 0 |
| 30 Jun 18 | 10 | 7 | 7 | 0 |
| 31 Mar 18 | 12 | 2 | 7 | 0 |
| 31 Dec 17 | 13 | -2 | 8 | 0 |
| 30 Sep 17 | 16 | -1 | 9 | 0 |
| 30 Jun 17 | 18 | 0 | 10 | 0 |
| 31 Mar 17 | 20 | 1 | 11 | 0 |
| 31 Dec 16 | 21 | 1 | 12 | 0 |
| 30 Sep 16 | 19 | 1 | 11 | 0 |
| 30 Jun 16 | 16 | 0 | 10 | 0 |
| 31 Mar 16 | 15 | 0 | 10 | 0 |
| 31 Dec 15 | 14 | 0 | 10 | 0 |
| 30 Sep 15 | 15 | 0 | 10 | 0 |
| 30 Jun 15 | 16 | 0 | 9 | 0 |
| 31 Mar 15 | 16 | 0 | 9 | 0 |
| 31 Dec 14 | 15 | 1 | 8 | 0 |
| 30 Sep 14 | 13 | 1 | 8 | 0 |
| 30 Jun 14 | 12 | 1 | 7 | 0 |
| 31 Mar 14 | 10 | 0 | 7 | 0 |
| 31 Dec 13 | 8 | 0 | 7 | 0 |
Quality Earnings: TECH is currently unprofitable.
Growing Profit Margin: TECH is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TECH is unprofitable, but has reduced losses over the past 5 years at a rate of 74% per year.
Accelerating Growth: Unable to compare TECH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TECH is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (39.9%).
Return on Equity
High ROE: TECH has a negative Return on Equity (-73.79%), as it is currently unprofitable.