Ace Technologies Past Earnings Performance
Past criteria checks 0/6
Ace Technologies's earnings have been declining at an average annual rate of -28.2%, while the Communications industry saw earnings growing at 16.7% annually. Revenues have been declining at an average rate of 16.4% per year.
Key information
-28.2%
Earnings growth rate
-26.1%
EPS growth rate
| Communications Industry Growth | 16.4% |
| Revenue growth rate | -16.4% |
| Return on equity | -365.4% |
| Net Margin | -56.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Some Confidence Is Lacking In Ace Technologies Corp. (KOSDAQ:088800) As Shares Slide 28%
Mar 04
Ace Technologies Corp. (KOSDAQ:088800) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Mar 04Calculating The Fair Value Of Ace Technologies Corp. (KOSDAQ:088800)
May 06Ace Technologies (KOSDAQ:088800) Is Carrying A Fair Bit Of Debt
Apr 13What Percentage Of Ace Technologies Corp. (KOSDAQ:088800) Shares Do Insiders Own?
Mar 09Ace Technologies' (KOSDAQ:088800) Wonderful 534% Share Price Increase Shows How Capitalism Can Build Wealth
Jan 21
Revenue & Expenses BreakdownBeta
How Ace Technologies 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 Dec 23 | 140,047 | -78,899 | 23,614 | 14,279 |
| 30 Sep 23 | 180,121 | -81,720 | 22,590 | 21,179 |
| 30 Jun 23 | 212,752 | -56,511 | 28,594 | 21,179 |
| 31 Mar 23 | 230,918 | -26,906 | 30,677 | 21,179 |
| 31 Dec 22 | 240,405 | -30,146 | 30,524 | 21,179 |
| 30 Sep 22 | 236,156 | -28,959 | 31,971 | 24,580 |
| 30 Jun 22 | 234,805 | -31,956 | 30,802 | 24,580 |
| 31 Mar 22 | 234,297 | -27,818 | 27,898 | 24,580 |
| 31 Dec 21 | 232,779 | -31,683 | 35,621 | 24,580 |
| 30 Sep 21 | 221,029 | -50,841 | 31,161 | 31,527 |
| 30 Jun 21 | 219,409 | -64,443 | 36,852 | 31,527 |
| 31 Mar 21 | 218,956 | -83,999 | 45,676 | 31,527 |
| 31 Dec 20 | 210,755 | -84,007 | 44,475 | 31,527 |
| 30 Sep 20 | 224,517 | -64,884 | 40,087 | 34,167 |
| 30 Jun 20 | 260,120 | -49,738 | 44,231 | 34,167 |
| 31 Mar 20 | 315,254 | -25,604 | 46,826 | 34,167 |
| 31 Dec 19 | 378,602 | -9,226 | 47,348 | 34,167 |
| 30 Sep 19 | 409,654 | 11,310 | 56,765 | 26,720 |
| 30 Jun 19 | 405,129 | 9,509 | 51,448 | 26,720 |
| 31 Mar 19 | 401,067 | 4,393 | 47,294 | 26,720 |
| 31 Dec 18 | 377,317 | 3,090 | 43,695 | 26,720 |
| 30 Sep 18 | 330,876 | -50,047 | 35,811 | 29,996 |
| 30 Jun 18 | 327,584 | -55,830 | 35,825 | 29,996 |
| 31 Mar 18 | 325,646 | -57,778 | 37,926 | 29,996 |
| 31 Dec 17 | 351,616 | -54,683 | 40,035 | 29,996 |
| 30 Sep 17 | 415,944 | -2,844 | 40,051 | 28,115 |
| 30 Jun 17 | 383,939 | -13,250 | 35,818 | 28,115 |
| 31 Mar 17 | 332,962 | -26,330 | 31,833 | 28,115 |
| 31 Dec 16 | 322,117 | -32,305 | 30,854 | 28,115 |
| 30 Sep 16 | 348,906 | -21,947 | 32,726 | 27,933 |
| 30 Jun 16 | 410,473 | -2,302 | 35,599 | 27,933 |
| 31 Mar 16 | 423,101 | 7,689 | 35,427 | 27,933 |
| 31 Dec 15 | 421,924 | 10,008 | 32,762 | 27,933 |
| 30 Sep 15 | 432,369 | 8,849 | 33,505 | 27,137 |
| 30 Jun 15 | 419,829 | 9,234 | 30,978 | 27,137 |
| 31 Mar 15 | 440,516 | 7,473 | 29,857 | 27,137 |
| 31 Dec 14 | 427,492 | 11,622 | 28,815 | 27,137 |
| 30 Sep 14 | 414,023 | 22,245 | 35,200 | 18,638 |
| 30 Jun 14 | 374,926 | 15,217 | 32,949 | 18,638 |
| 31 Mar 14 | 342,528 | 20,509 | 29,146 | 18,638 |
| 31 Dec 13 | 315,608 | 10,074 | 26,553 | 18,638 |
| 30 Sep 13 | 267,583 | -11,392 | 47,387 | 10,572 |
| 30 Jun 13 | 276,481 | -11,604 | 36,338 | 15,172 |
Quality Earnings: A088800 is currently unprofitable.
Growing Profit Margin: A088800 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: A088800 is unprofitable, and losses have increased over the past 5 years at a rate of 28.2% per year.
Accelerating Growth: Unable to compare A088800's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: A088800 is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-19.4%).
Return on Equity
High ROE: A088800 has a negative Return on Equity (-365.38%), as it is currently unprofitable.