Ocean GeoLoop Past Earnings Performance
Past criteria checks 0/6
Ocean GeoLoop has been growing earnings at an average annual rate of 9%, while the Commercial Services industry saw earnings growing at 21.6% annually. Revenues have been growing at an average rate of 34.9% per year.
Key information
9.0%
Earnings growth rate
9.0%
EPS growth rate
| Commercial Services Industry Growth | 41.8% |
| Revenue growth rate | 34.9% |
| Return on equity | -21.0% |
| Net Margin | -25.3% |
| Next Earnings Update | 30 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ocean GeoLoop 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 | 173 | -44 | 52 | 0 |
| 30 Sep 23 | 169 | -41 | 46 | 0 |
| 30 Jun 23 | 166 | -38 | 40 | 0 |
| 31 Mar 23 | 147 | -43 | 35 | 0 |
| 31 Dec 22 | 128 | -48 | 31 | 0 |
| 30 Sep 22 | 87 | -43 | 23 | 0 |
| 30 Jun 22 | 46 | -38 | 15 | 0 |
| 31 Mar 22 | 23 | -39 | 11 | 0 |
| 31 Dec 21 | 0 | -40 | 8 | 0 |
Quality Earnings: OCEAN is currently unprofitable.
Growing Profit Margin: OCEAN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if OCEAN's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare OCEAN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OCEAN is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (6.7%).
Return on Equity
High ROE: OCEAN has a negative Return on Equity (-20.96%), as it is currently unprofitable.