Highcon Systems Past Earnings Performance
Past criteria checks 0/6
Highcon Systems has been growing earnings at an average annual rate of 19.4%, while the Machinery industry saw earnings growing at 13.5% annually. Revenues have been declining at an average rate of 9.7% per year.
Key information
19.4%
Earnings growth rate
26.4%
EPS growth rate
| Machinery Industry Growth | 13.7% |
| Revenue growth rate | -9.7% |
| Return on equity | n/a |
| Net Margin | -117.5% |
| Last Earnings Update | 30 Jun 2024 |
Revenue & Expenses Breakdown
How Highcon Systems 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 | 15 | -18 | 7 | 7 |
| 31 Mar 24 | 12 | -21 | 7 | 9 |
| 31 Dec 23 | 8 | -24 | 8 | 11 |
| 30 Sep 23 | 10 | -24 | 9 | 12 |
| 30 Jun 23 | 11 | -24 | 10 | 14 |
| 31 Mar 23 | 14 | -25 | 10 | 15 |
| 31 Dec 22 | 17 | -25 | 11 | 15 |
| 30 Sep 22 | 17 | -25 | 11 | 15 |
| 30 Jun 22 | 17 | -25 | 12 | 14 |
| 31 Mar 22 | 16 | -25 | 12 | 14 |
| 31 Dec 21 | 14 | -24 | 11 | 13 |
| 30 Sep 21 | 14 | -62 | 12 | 12 |
| 30 Jun 21 | 14 | -100 | 12 | 10 |
| 31 Mar 21 | 11 | -98 | 11 | 9 |
| 31 Dec 20 | 8 | -96 | 9 | 9 |
| 30 Sep 20 | 7 | -57 | 8 | 9 |
| 30 Jun 20 | 5 | -17 | 6 | 8 |
| 31 Mar 20 | 7 | -17 | 6 | 8 |
| 31 Dec 19 | 10 | -16 | 7 | 8 |
| 31 Dec 18 | 7 | -12 | 6 | 6 |
Quality Earnings: HICN is currently unprofitable.
Growing Profit Margin: HICN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HICN is unprofitable, but has reduced losses over the past 5 years at a rate of 19.4% per year.
Accelerating Growth: Unable to compare HICN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HICN is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (4.8%).
Return on Equity
High ROE: HICN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.