Airthings Past Earnings Performance
Past criteria checks 0/6
Airthings's earnings have been declining at an average annual rate of -32.4%, while the Electronic industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 21.8% per year.
Key information
-32.4%
Earnings growth rate
-100.9%
EPS growth rate
| Electronic Industry Growth | 25.6% |
| Revenue growth rate | 21.8% |
| Return on equity | -12.5% |
| Net Margin | -17.1% |
| Next Earnings Update | 15 May 2024 |
Recent past performance updates
Recent updates
We Think Airthings (OB:AIRX) Needs To Drive Business Growth Carefully
Dec 21
Is There An Opportunity With Airthings ASA's (OB:AIRX) 32% Undervaluation?
Jul 20We're Hopeful That Airthings (OB:AIRX) Will Use Its Cash Wisely
Jun 13We Think Airthings (OB:AIRX) Can Afford To Drive Business Growth
Mar 06Airthings (OB:AIRX) Is In A Good Position To Deliver On Growth Plans
Oct 30We're Not Very Worried About Airthings' (OB:AIRX) Cash Burn Rate
Jul 10Revenue & Expenses BreakdownBeta
How Airthings 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 | 37 | -6 | 20 | 0 |
| 30 Sep 23 | 36 | -8 | 21 | 0 |
| 30 Jun 23 | 36 | -7 | 21 | 0 |
| 31 Mar 23 | 35 | -10 | 22 | 0 |
| 31 Dec 22 | 35 | -11 | 22 | 0 |
| 30 Sep 22 | 37 | -9 | 22 | 0 |
| 30 Jun 22 | 36 | -9 | 22 | 0 |
| 31 Mar 22 | 36 | -7 | 21 | 0 |
| 31 Dec 21 | 34 | -7 | 20 | 0 |
| 30 Sep 21 | 29 | -7 | 16 | 0 |
| 30 Jun 21 | 25 | -7 | 15 | 0 |
| 31 Mar 21 | 21 | -6 | 14 | 0 |
| 31 Dec 20 | 21 | -4 | 12 | 0 |
| 30 Sep 20 | 20 | -3 | 8 | 0 |
| 30 Jun 20 | 18 | -2 | 7 | 0 |
| 31 Mar 20 | 16 | -2 | 6 | 0 |
| 31 Dec 19 | 16 | -2 | 6 | 0 |
| 31 Dec 18 | 11 | 0 | 5 | 0 |
| 31 Dec 17 | 7 | 1 | 2 | 0 |
Quality Earnings: AIRX is currently unprofitable.
Growing Profit Margin: AIRX is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AIRX is unprofitable, and losses have increased over the past 5 years at a rate of 32.4% per year.
Accelerating Growth: Unable to compare AIRX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AIRX is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (5.5%).
Return on Equity
High ROE: AIRX has a negative Return on Equity (-12.45%), as it is currently unprofitable.