Otovo Past Earnings Performance
Past criteria checks 0/6
Otovo's earnings have been declining at an average annual rate of -40.5%, while the Electrical industry saw earnings growing at 21.6% annually. Revenues have been growing at an average rate of 39.2% per year.
Key information
-40.5%
Earnings growth rate
-17.7%
EPS growth rate
| Electrical Industry Growth | -27.2% |
| Revenue growth rate | 39.2% |
| Return on equity | -79.1% |
| Net Margin | -68.5% |
| Next Earnings Update | 13 Feb 2025 |
Recent past performance updates
Recent updates
Market Might Still Lack Some Conviction On Otovo ASA (OB:OTOVO) Even After 26% Share Price Boost
Oct 22
Otovo ASA (OB:OTOVO) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 29Otovo ASA (OB:OTOVO) Not Doing Enough For Some Investors As Its Shares Slump 25%
Jul 13Subdued Growth No Barrier To Otovo ASA (OB:OTOVO) With Shares Advancing 30%
May 24Analyst Forecasts Just Became More Bearish On Otovo ASA (OB:OTOVO)
May 05Not Many Are Piling Into Otovo ASA (OB:OTOVO) Stock Yet As It Plummets 30%
Mar 12Some Analysts Just Cut Their Otovo ASA (OB:OTOVO) Estimates
Feb 17Otovo ASA (OB:OTOVO) Just Reported, And Analysts Assigned A kr3.90 Price Target
Feb 11Otovo ASA's (OB:OTOVO) Shares Not Telling The Full Story
Jan 19Analysts Just Slashed Their Otovo ASA (OB:OTOVO) EPS Numbers
Nov 02Otovo (OB:OTOVO) Is Using Debt Safely
Jun 22Need To Know: Analysts Are Much More Bullish On Otovo ASA (OB:OTOVO) Revenues
May 13News Flash: Analysts Just Made A Captivating Upgrade To Their Otovo ASA (OB:OTOVO) Forecasts
Feb 13The Consensus EPS Estimates For Otovo ASA (OB:OTOVO) Just Fell Dramatically
Jan 30Otovo ASA (OB:OTOVO) Just Reported And Analysts Have Been Cutting Their Estimates
Jan 28Is Otovo (OB:OTOVO) Using Too Much Debt?
Aug 03Revenue & Expenses Breakdown
How Otovo 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 | 643 | -440 | 388 | 0 |
| 30 Jun 24 | 742 | -440 | 276 | 0 |
| 31 Mar 24 | 885 | -417 | 291 | 0 |
| 31 Dec 23 | 1,011 | -385 | 294 | 0 |
| 30 Sep 23 | 1,031 | -359 | 278 | 0 |
| 30 Jun 23 | 967 | -318 | 262 | 0 |
| 31 Mar 23 | 808 | -286 | 221 | 0 |
| 31 Dec 22 | 638 | -309 | 187 | 0 |
| 30 Sep 22 | 532 | -251 | 159 | 0 |
| 30 Jun 22 | 445 | -209 | 126 | 0 |
| 31 Mar 22 | 357 | -192 | 101 | 0 |
| 31 Dec 21 | 285 | -154 | 87 | 0 |
| 30 Sep 21 | 233 | -137 | 83 | 0 |
| 30 Jun 21 | 176 | -126 | 67 | 0 |
| 31 Mar 21 | 154 | -96 | 55 | 0 |
| 31 Dec 20 | 151 | -91 | 44 | 0 |
| 30 Sep 20 | 162 | -81 | 50 | 0 |
| 30 Jun 20 | 186 | -66 | 49 | 0 |
| 31 Mar 20 | 186 | -71 | 49 | 0 |
| 31 Dec 19 | 194 | -51 | 43 | 0 |
| 30 Jun 19 | 155 | -54 | 32 | 0 |
| 31 Mar 19 | 124 | -47 | 27 | 0 |
| 31 Dec 18 | 94 | -40 | 22 | 0 |
| 31 Dec 17 | 40 | -13 | 7 | 0 |
Quality Earnings: OTOVO is currently unprofitable.
Growing Profit Margin: OTOVO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OTOVO is unprofitable, and losses have increased over the past 5 years at a rate of 40.5% per year.
Accelerating Growth: Unable to compare OTOVO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OTOVO is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (1.2%).
Return on Equity
High ROE: OTOVO has a negative Return on Equity (-79.07%), as it is currently unprofitable.