Canaan Past Earnings Performance
Past criteria checks 0/6
Canaan's earnings have been declining at an average annual rate of -24.9%, while the Tech industry saw earnings growing at 11.7% annually. Revenues have been growing at an average rate of 8.9% per year.
Key information
-24.9%
Earnings growth rate
-19.1%
EPS growth rate
| Tech Industry Growth | 12.9% |
| Revenue growth rate | 8.9% |
| Return on equity | -93.7% |
| Net Margin | -128.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Canaan 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 | 230 | -296 | 63 | 56 |
| 30 Jun 24 | 189 | -300 | 68 | 58 |
| 31 Mar 24 | 191 | -369 | 76 | 61 |
| 31 Dec 23 | 211 | -414 | 79 | 65 |
| 30 Sep 23 | 268 | -356 | 90 | 92 |
| 30 Jun 23 | 366 | -270 | 93 | 90 |
| 31 Mar 23 | 491 | -79 | 90 | 83 |
| 31 Dec 22 | 652 | 70 | 98 | 82 |
| 30 Sep 22 | 867 | 322 | 89 | 61 |
| 30 Jun 22 | 972 | 419 | 98 | 62 |
| 31 Mar 22 | 925 | 380 | 108 | 58 |
| 31 Dec 21 | 773 | 309 | 107 | 52 |
| 30 Sep 21 | 440 | 113 | 88 | 40 |
| 30 Jun 21 | 261 | 14 | 67 | 30 |
| 31 Mar 21 | 119 | -27 | 41 | 24 |
| 31 Dec 20 | 69 | -33 | 23 | 21 |
| 30 Sep 20 | 129 | -139 | 26 | 24 |
| 30 Jun 20 | 195 | -108 | 24 | 24 |
| 31 Mar 20 | 204 | -142 | 53 | 25 |
| 31 Dec 19 | 204 | -149 | 53 | 24 |
| 30 Sep 19 | 173 | -37 | 48 | 22 |
| 30 Jun 19 | 152 | -62 | 52 | 27 |
| 31 Mar 19 | 265 | -8 | 24 | 28 |
| 31 Dec 18 | 393 | 18 | 27 | 28 |
| 31 Dec 17 | 201 | 58 | 22 | 15 |
Quality Earnings: CAN N is currently unprofitable.
Growing Profit Margin: CAN N is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CAN N is unprofitable, and losses have increased over the past 5 years at a rate of 24.9% per year.
Accelerating Growth: Unable to compare CAN N's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CAN N is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (16.3%).
Return on Equity
High ROE: CAN N has a negative Return on Equity (-93.69%), as it is currently unprofitable.