Bitnine Co Past Earnings Performance
Past criteria checks 0/6
Bitnine Co's earnings have been declining at an average annual rate of -87.8%, while the Software industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 25.9% per year.
Key information
-87.8%
Earnings growth rate
-75.0%
EPS growth rate
| Software Industry Growth | 14.6% |
| Revenue growth rate | 25.9% |
| Return on equity | -123.9% |
| Net Margin | -63.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Bitnine Co 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 | 29,065 | -18,395 | 39,079 | 3,426 |
| 31 Dec 23 | 27,840 | -16,652 | 36,296 | 2,980 |
| 30 Sep 23 | 25,423 | -13,201 | 40,639 | 1,515 |
| 30 Jun 23 | 23,126 | -9,748 | 34,997 | 1,515 |
| 31 Mar 23 | 21,439 | -1,890 | 18,143 | 1,345 |
| 31 Dec 22 | 19,175 | -440 | 13,998 | 2,331 |
| 30 Sep 22 | 18,051 | 738 | 13,656 | 2,286 |
| 30 Jun 22 | 16,909 | 2,138 | 11,676 | 2,286 |
| 31 Mar 22 | 16,038 | 1,604 | 10,647 | 2,887 |
| 31 Dec 21 | 16,415 | 1,165 | 12,163 | 2,382 |
| 30 Sep 21 | 15,468 | -1,274 | 10,263 | 2,663 |
| 31 Mar 21 | 13,805 | -7,561 | 10,226 | 2,526 |
Quality Earnings: A357880 is currently unprofitable.
Growing Profit Margin: A357880 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if A357880's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare A357880's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: A357880 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (7.4%).
Return on Equity
High ROE: A357880 has a negative Return on Equity (-123.9%), as it is currently unprofitable.