Ola Electric Mobility Past Earnings Performance
Past criteria checks 0/6
Ola Electric Mobility's earnings have been declining at an average annual rate of -33.8%, while the Auto industry saw earnings growing at 28.2% annually. Revenues have been growing at an average rate of 50.6% per year.
Key information
-33.8%
Earnings growth rate
-33.1%
EPS growth rate
| Auto Industry Growth | 19.1% |
| Revenue growth rate | 50.6% |
| Return on equity | -24.9% |
| Net Margin | -28.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ola Electric Mobility 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 | 57,518 | -16,344 | 6,319 | 0 |
| 30 Jun 24 | 54,108 | -16,644 | 6,059 | 0 |
| 31 Mar 24 | 50,098 | -15,844 | 5,769 | 0 |
| 31 Mar 23 | 26,309 | -14,721 | 5,248 | 0 |
| 31 Mar 22 | 3,734 | -7,841 | 3,606 | 0 |
| 31 Mar 21 | 9 | -1,992 | 1,989 | 0 |
Quality Earnings: OLAELEC is currently unprofitable.
Growing Profit Margin: OLAELEC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OLAELEC is unprofitable, and losses have increased over the past 5 years at a rate of 33.8% per year.
Accelerating Growth: Unable to compare OLAELEC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OLAELEC is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (21.4%).
Return on Equity
High ROE: OLAELEC has a negative Return on Equity (-24.87%), as it is currently unprofitable.