Solaer Renewable Energies Past Earnings Performance
Past criteria checks 0/6
Solaer Renewable Energies's earnings have been declining at an average annual rate of -28.1%, while the Renewable Energy industry saw earnings growing at 36.4% annually. Revenues have been growing at an average rate of 48.3% per year.
Key information
-28.1%
Earnings growth rate
-27.8%
EPS growth rate
| Renewable Energy Industry Growth | 22.1% |
| Revenue growth rate | 48.3% |
| Return on equity | -19.8% |
| Net Margin | -50.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Revenue & Expenses Breakdown
How Solaer Renewable Energies 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 Mar 24 | 48 | -24 | 24 | 2 |
| 31 Dec 23 | 48 | -7 | 23 | 2 |
| 30 Sep 23 | 47 | 6 | 24 | 0 |
| 30 Jun 23 | 45 | -10 | 24 | 0 |
| 31 Mar 23 | 42 | -10 | 24 | 0 |
| 31 Dec 22 | 39 | -29 | 23 | 2 |
| 30 Sep 22 | 35 | -32 | 19 | 4 |
| 30 Jun 22 | 24 | -18 | 17 | 4 |
| 31 Mar 22 | 16 | -30 | 16 | 5 |
| 31 Dec 21 | 16 | -26 | 20 | 4 |
| 30 Sep 21 | 13 | -13 | 15 | 5 |
| 30 Jun 21 | 14 | 8 | 16 | 5 |
| 31 Mar 21 | 12 | 13 | 14 | 3 |
| 31 Dec 20 | 10 | 18 | 10 | 1 |
| 31 Dec 19 | 14 | -7 | 7 | 1 |
| 31 Dec 18 | 7 | -9 | 6 | 1 |
| 31 Dec 17 | 3 | -7 | 4 | 1 |
Quality Earnings: SOLR is currently unprofitable.
Growing Profit Margin: SOLR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOLR is unprofitable, and losses have increased over the past 5 years at a rate of 28.1% per year.
Accelerating Growth: Unable to compare SOLR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SOLR is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-23%).
Return on Equity
High ROE: SOLR has a negative Return on Equity (-19.8%), as it is currently unprofitable.