Prime Energy P.E Past Earnings Performance
Past criteria checks 0/6
Prime Energy P.E's earnings have been declining at an average annual rate of -21.2%, while the Renewable Energy industry saw earnings growing at 34.1% annually. Revenues have been growing at an average rate of 30.8% per year.
Key information
-21.2%
Earnings growth rate
-14.1%
EPS growth rate
| Renewable Energy Industry Growth | 22.1% |
| Revenue growth rate | 30.8% |
| Return on equity | -55.6% |
| Net Margin | -169.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Prime Energy P.E 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 Sep 24 | 12 | -20 | 9 | 0 |
| 30 Jun 24 | 11 | -18 | 9 | 0 |
| 31 Mar 24 | 10 | -18 | 9 | 0 |
| 31 Dec 23 | 10 | -20 | 10 | 0 |
| 30 Sep 23 | 9 | -16 | 11 | 0 |
| 30 Jun 23 | 8 | -17 | 10 | 0 |
| 31 Mar 23 | 7 | -20 | 11 | 0 |
| 31 Dec 22 | 6 | -20 | 11 | 0 |
| 30 Sep 22 | 6 | -17 | 11 | 0 |
| 30 Jun 22 | 7 | -18 | 12 | 0 |
| 31 Mar 22 | 7 | -15 | 11 | 0 |
| 31 Dec 21 | 7 | -17 | 10 | 0 |
| 30 Sep 21 | 7 | -20 | 11 | 0 |
| 30 Jun 21 | 6 | -16 | 8 | 0 |
| 31 Mar 21 | 4 | -13 | 6 | 0 |
| 31 Dec 20 | 3 | -6 | 4 | 0 |
| 30 Sep 20 | 2 | -2 | 1 | 0 |
| 31 Dec 19 | 1 | -2 | 1 | 0 |
| 31 Dec 18 | 0 | -2 | 1 | 0 |
| 31 Dec 17 | 0 | -1 | 0 | 0 |
Quality Earnings: PRIM is currently unprofitable.
Growing Profit Margin: PRIM is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PRIM is unprofitable, and losses have increased over the past 5 years at a rate of 21.2% per year.
Accelerating Growth: Unable to compare PRIM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PRIM is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-25.4%).
Return on Equity
High ROE: PRIM has a negative Return on Equity (-55.61%), as it is currently unprofitable.