Innovative Tyres & Tubes Past Earnings Performance
Past criteria checks 0/6
Innovative Tyres & Tubes's earnings have been declining at an average annual rate of -45.9%, while the Auto Components industry saw earnings growing at 19.6% annually. Revenues have been declining at an average rate of 89.5% per year.
Key information
-45.9%
Earnings growth rate
-45.9%
EPS growth rate
| Auto Components Industry Growth | 16.7% |
| Revenue growth rate | -89.5% |
| Return on equity | -17,968.1% |
| Net Margin | -3,828.8% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Innovative Tyres & Tubes 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 23 | 3 | -126 | 2 | 0 |
| 30 Jun 23 | 10 | -328 | 2 | 0 |
| 31 Mar 23 | 16 | -529 | 2 | 0 |
| 31 Dec 22 | 65 | -508 | 11 | 0 |
| 30 Sep 22 | 114 | -486 | 20 | 0 |
| 30 Jun 22 | 315 | -538 | 36 | 0 |
| 31 Mar 22 | 516 | -589 | 51 | 0 |
| 31 Dec 21 | 845 | -379 | 67 | 0 |
| 30 Sep 21 | 1,174 | -168 | 82 | 0 |
| 30 Jun 21 | 1,283 | -128 | 83 | 0 |
| 31 Mar 21 | 1,392 | -88 | 84 | 0 |
| 31 Dec 20 | 1,340 | -114 | 83 | 0 |
| 30 Sep 20 | 1,289 | -140 | 82 | 0 |
| 30 Jun 20 | 1,389 | -119 | 89 | 0 |
| 31 Mar 20 | 1,489 | -98 | 96 | 0 |
| 31 Dec 19 | 1,575 | -68 | 94 | 0 |
| 30 Sep 19 | 1,661 | -37 | 92 | 0 |
| 30 Jun 19 | 1,690 | -14 | 86 | 0 |
| 31 Mar 19 | 1,718 | 10 | 79 | 0 |
| 31 Mar 18 | 1,395 | 44 | 73 | 0 |
| 31 Mar 17 | 1,308 | 49 | 52 | 0 |
| 31 Mar 16 | 1,236 | 31 | 47 | 0 |
| 31 Mar 15 | 1,299 | 28 | 46 | 0 |
| 31 Mar 14 | 1,262 | 38 | 38 | 0 |
Quality Earnings: INNOVATIVE is currently unprofitable.
Growing Profit Margin: INNOVATIVE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: INNOVATIVE is unprofitable, and losses have increased over the past 5 years at a rate of 45.9% per year.
Accelerating Growth: Unable to compare INNOVATIVE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: INNOVATIVE is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (17.3%).
Return on Equity
High ROE: INNOVATIVE has a negative Return on Equity (-17968.14%), as it is currently unprofitable.