Afloat Enterprises Past Earnings Performance
Past criteria checks 0/6
Afloat Enterprises's earnings have been declining at an average annual rate of -13.2%, while the Trade Distributors industry saw earnings growing at 28.5% annually. Revenues have been declining at an average rate of 50.5% per year.
Key information
-13.2%
Earnings growth rate
10.6%
EPS growth rate
| Trade Distributors Industry Growth | 27.3% |
| Revenue growth rate | -50.5% |
| Return on equity | -8.7% |
| Net Margin | -3,475,050.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Afloat Enterprises 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 | 0 | -4 | 2 | 0 |
| 30 Jun 24 | 9 | -2 | 2 | 0 |
| 31 Mar 24 | 19 | 0 | 2 | 0 |
| 31 Dec 23 | 37 | 1 | 2 | 0 |
| 30 Sep 23 | 55 | 2 | 2 | 0 |
| 30 Jun 23 | 46 | 1 | 2 | 0 |
| 31 Mar 23 | 37 | 1 | 2 | 0 |
| 31 Dec 22 | 46 | 1 | 3 | 0 |
| 30 Sep 22 | 55 | 1 | 3 | 0 |
| 30 Jun 22 | 57 | 1 | 3 | 0 |
| 31 Mar 22 | 60 | 0 | 3 | 0 |
| 31 Dec 21 | 70 | -1 | 3 | 0 |
| 30 Sep 21 | 80 | -1 | 2 | 0 |
| 30 Jun 21 | 96 | -1 | 2 | 0 |
| 31 Mar 21 | 113 | 0 | 2 | 0 |
| 31 Mar 20 | 109 | 0 | 0 | 0 |
| 31 Mar 19 | 0 | 0 | 0 | 0 |
Quality Earnings: 543377 is currently unprofitable.
Growing Profit Margin: 543377 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 543377 is unprofitable, and losses have increased over the past 5 years at a rate of 13.2% per year.
Accelerating Growth: Unable to compare 543377's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 543377 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (22.7%).
Return on Equity
High ROE: 543377 has a negative Return on Equity (-8.7%), as it is currently unprofitable.