Northeast Electric Development Past Earnings Performance
Past criteria checks 0/6
Northeast Electric Development's earnings have been declining at an average annual rate of -16.5%, while the Electrical industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 20.2% per year.
Key information
-16.5%
Earnings growth rate
-16.2%
EPS growth rate
| Electrical Industry Growth | 15.7% |
| Revenue growth rate | 20.2% |
| Return on equity | n/a |
| Net Margin | -5.4% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Northeast Electric Development 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 | 110 | -6 | 68 | 0 |
| 30 Sep 23 | 168 | -14 | 137 | -2 |
| 30 Jun 23 | 164 | -16 | 130 | 0 |
| 31 Mar 23 | 168 | -10 | 119 | 0 |
| 31 Dec 22 | 161 | -25 | 125 | 0 |
| 30 Sep 22 | 126 | -24 | 98 | 1 |
| 30 Jun 22 | 127 | 12 | 103 | 1 |
| 31 Mar 22 | 81 | 1 | 76 | 3 |
| 31 Dec 21 | 119 | 18 | 100 | 0 |
| 30 Sep 21 | 82 | -76 | 50 | 4 |
| 30 Jun 21 | 71 | 64 | 46 | 3 |
| 31 Mar 21 | 81 | 65 | 47 | 3 |
| 31 Dec 20 | 80 | 64 | 51 | 3 |
| 30 Sep 20 | 90 | 129 | 62 | 1 |
| 30 Jun 20 | 95 | -48 | 62 | 1 |
| 31 Mar 20 | 101 | -39 | 65 | 1 |
| 31 Dec 19 | 102 | -40 | 65 | 1 |
| 30 Sep 19 | 83 | -1 | 54 | 1 |
| 30 Jun 19 | 63 | 25 | 51 | 1 |
| 31 Mar 19 | 42 | 14 | 46 | 1 |
| 31 Dec 18 | 32 | 15 | 43 | 1 |
| 30 Sep 18 | 32 | -360 | 62 | 0 |
| 30 Jun 18 | 30 | -391 | 60 | 0 |
| 31 Mar 18 | 32 | -386 | 57 | 0 |
| 31 Dec 17 | 33 | -397 | 65 | 0 |
| 30 Sep 17 | 37 | -104 | 47 | 0 |
| 30 Jun 17 | 47 | -106 | 51 | 0 |
| 31 Mar 17 | 51 | -110 | 55 | 0 |
| 31 Dec 16 | 64 | -99 | 47 | 0 |
| 30 Sep 16 | 96 | -18 | 32 | 0 |
| 30 Jun 16 | 121 | -7 | 30 | 0 |
| 31 Mar 16 | 141 | 3 | 30 | 0 |
| 31 Dec 15 | 152 | 5 | 29 | 0 |
| 30 Sep 15 | 186 | 6 | 33 | 0 |
| 30 Jun 15 | 192 | 6 | 34 | 0 |
| 31 Mar 15 | 200 | 7 | 36 | 0 |
| 31 Dec 14 | 198 | 6 | 36 | 0 |
| 30 Sep 14 | 207 | 10 | 45 | 0 |
| 30 Jun 14 | 191 | 9 | 45 | 0 |
| 31 Mar 14 | 191 | 8 | 43 | 0 |
| 31 Dec 13 | 196 | 10 | 48 | 0 |
| 30 Sep 13 | 210 | 20 | 55 | 0 |
| 30 Jun 13 | 235 | 29 | 55 | 0 |
Quality Earnings: 42 is currently unprofitable.
Growing Profit Margin: 42 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 42 is unprofitable, and losses have increased over the past 5 years at a rate of 16.5% per year.
Accelerating Growth: Unable to compare 42's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 42 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (11%).
Return on Equity
High ROE: 42's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.