Primetech Past Earnings Performance
Past criteria checks 3/6
Primetech's earnings have been declining at an average annual rate of -58.5%, while the Machinery industry saw earnings growing at 12.2% annually. Revenues have been declining at an average rate of 71.2% per year. Primetech's return on equity is 21.9%, and it has net margins of 374.4%.
Key information
-58.5%
Earnings growth rate
-57.1%
EPS growth rate
| Machinery Industry Growth | 12.1% |
| Revenue growth rate | -71.2% |
| Return on equity | 21.9% |
| Net Margin | 374.4% |
| Next Earnings Update | 19 Apr 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Primetech 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 23 | 0 | 2 | 1 | 0 |
| 30 Jun 23 | 0 | -1 | 1 | 0 |
| 31 Mar 23 | 1 | 0 | 1 | 0 |
| 31 Dec 22 | 1 | 1 | 1 | 0 |
| 30 Sep 22 | -9 | -1 | 0 | 0 |
| 30 Jun 22 | -6 | 0 | 0 | 0 |
| 31 Mar 22 | 5 | 0 | 1 | 0 |
| 31 Dec 21 | 16 | 1 | 2 | 0 |
| 30 Sep 21 | 35 | 6 | 4 | 0 |
| 30 Jun 21 | 44 | 9 | 4 | 0 |
| 31 Mar 21 | 41 | 7 | 5 | 0 |
| 31 Dec 20 | 40 | 7 | 5 | 0 |
| 30 Sep 20 | 41 | 4 | 5 | 0 |
| 30 Jun 20 | 40 | -2 | 5 | 0 |
| 31 Mar 20 | 80 | 120 | 6 | 0 |
| 31 Dec 19 | 138 | 121 | 9 | 0 |
| 30 Sep 19 | 208 | 126 | 12 | 0 |
| 30 Jun 19 | 261 | 130 | 15 | 0 |
| 31 Mar 19 | 300 | 13 | 15 | 0 |
| 31 Dec 18 | 291 | 11 | 17 | 0 |
| 30 Sep 18 | 267 | 17 | 17 | 0 |
| 30 Jun 18 | 255 | 17 | 18 | 0 |
| 31 Mar 18 | 230 | 4 | 19 | 0 |
| 31 Dec 17 | 248 | 2 | 19 | 0 |
| 30 Sep 17 | 347 | -225 | 40 | 0 |
| 30 Jun 17 | 490 | -256 | 56 | 0 |
| 31 Mar 17 | 654 | -772 | 74 | 0 |
| 31 Dec 16 | 777 | -782 | 93 | 0 |
| 30 Sep 16 | 763 | -1,987 | 96 | 0 |
| 30 Jun 16 | 814 | -1,964 | 103 | 0 |
| 31 Mar 16 | 863 | -1,428 | 111 | 0 |
| 31 Dec 15 | 981 | -1,405 | 117 | 0 |
| 30 Sep 15 | 1,199 | 32 | 120 | 0 |
| 30 Jun 15 | 1,277 | 66 | 127 | 0 |
| 31 Mar 15 | 1,375 | 88 | 139 | 0 |
| 31 Dec 14 | 1,434 | 101 | 155 | 0 |
| 30 Sep 14 | 1,489 | 109 | 162 | 0 |
| 30 Jun 14 | 1,512 | 112 | 172 | 0 |
| 31 Mar 14 | 1,441 | 82 | 171 | 0 |
| 31 Dec 13 | 1,391 | 65 | 162 | 0 |
| 30 Sep 13 | 1,165 | 38 | 158 | 0 |
| 30 Jun 13 | 1,352 | 52 | 160 | 0 |
| 31 Mar 13 | 1,572 | 95 | 159 | 0 |
Quality Earnings: PTH has a high level of non-cash earnings.
Growing Profit Margin: PTH became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PTH has become profitable over the past 5 years, growing earnings by -58.5% per year.
Accelerating Growth: PTH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PTH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (16%).
Return on Equity
High ROE: PTH's Return on Equity (21.9%) is considered high.