Bitnine Co Past Earnings Performance
Past criteria checks 0/6
Bitnine Co's earnings have been declining at an average annual rate of -26.5%, while the Software industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 27.3% per year.
Key information
-26.5%
Earnings growth rate
-7.9%
EPS growth rate
| Software Industry Growth | 14.6% |
| Revenue growth rate | 27.3% |
| Return on equity | -79.9% |
| Net Margin | -34.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Further Upside For Bitnine Co, Ltd. (KOSDAQ:357880) Shares Could Introduce Price Risks After 26% Bounce
Nov 07
Is Bitnine Co (KOSDAQ:357880) Using Too Much Debt?
Sep 12Bitnine Co, Ltd. (KOSDAQ:357880) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough
Jun 21Investors Don't See Light At End Of Bitnine Co, Ltd.'s (KOSDAQ:357880) Tunnel And Push Stock Down 26%
Apr 11Here's Why Bitnine Co (KOSDAQ:357880) Can Afford Some Debt
Apr 04Revenue & 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 |
|---|---|---|---|---|
| 30 Jun 24 | 33,251 | -11,337 | 36,949 | 4,927 |
| 31 Mar 24 | 29,065 | -18,395 | 37,829 | 3,426 |
| 31 Dec 23 | 27,840 | -16,652 | 36,296 | 2,980 |
| 30 Sep 23 | 25,423 | -13,201 | 20,506 | 1,464 |
| 30 Jun 23 | 23,126 | -9,748 | 14,864 | 1,464 |
| 31 Mar 23 | 21,439 | -1,890 | 14,389 | 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 |
| 30 Jun 21 | 15,281 | -5,124 | 10,158 | 3,199 |
| 31 Mar 21 | 13,805 | -7,561 | 10,226 | 2,526 |
| 31 Dec 20 | 11,576 | -10,226 | 9,886 | 1,888 |
| 31 Dec 19 | 13,660 | -9,840 | 17,444 | 1,840 |
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: A357880 is unprofitable, and losses have increased over the past 5 years at a rate of 26.5% per year.
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 (-2.8%).
Return on Equity
High ROE: A357880 has a negative Return on Equity (-79.89%), as it is currently unprofitable.