Solar Past Earnings Performance
Past criteria checks 0/6
Solar has been growing earnings at an average annual rate of 0.8%, while the Luxury industry saw earnings growing at 27.7% annually. Revenues have been growing at an average rate of 0.01% per year.
Key information
0.8%
Earnings growth rate
0.8%
EPS growth rate
| Luxury Industry Growth | 27.7% |
| Revenue growth rate | 0.01% |
| Return on equity | -22.3% |
| Net Margin | -8.8% |
| Next Earnings Update | 28 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Solar 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 | 138 | -12 | 58 | 0 |
| 30 Jun 23 | 139 | -10 | 57 | 0 |
| 31 Mar 23 | 138 | -9 | 56 | 0 |
| 31 Dec 22 | 132 | -10 | 55 | 0 |
| 30 Sep 22 | 130 | -7 | 54 | 0 |
| 30 Jun 22 | 129 | -5 | 52 | 0 |
| 31 Mar 22 | 120 | -4 | 47 | 0 |
| 31 Dec 21 | 114 | -2 | 42 | 0 |
| 30 Sep 21 | 102 | -5 | 36 | 0 |
| 30 Jun 21 | 100 | -5 | 35 | 0 |
| 31 Mar 21 | 94 | -8 | 32 | 0 |
| 31 Dec 20 | 100 | -10 | 36 | 0 |
| 30 Sep 20 | 114 | -7 | 41 | 0 |
| 30 Jun 20 | 119 | -6 | 42 | 0 |
| 31 Mar 20 | 133 | -4 | 48 | 0 |
| 31 Dec 19 | 140 | 1 | 49 | 0 |
| 30 Sep 19 | 138 | 2 | 52 | 0 |
| 30 Jun 19 | 137 | 2 | 56 | 0 |
| 31 Mar 19 | 133 | 1 | 60 | 0 |
| 31 Dec 18 | 129 | 0 | 64 | 0 |
| 30 Sep 18 | 127 | -45 | 64 | 0 |
| 30 Jun 18 | 125 | -45 | 63 | 0 |
| 31 Mar 18 | 127 | -45 | 63 | 0 |
| 31 Dec 17 | 130 | -45 | 63 | 0 |
| 30 Sep 17 | 132 | 0 | 64 | 0 |
| 30 Jun 17 | 134 | -2 | 64 | 0 |
| 31 Mar 17 | 137 | -2 | 64 | 0 |
| 31 Dec 16 | 138 | -2 | 65 | 0 |
| 30 Sep 16 | 138 | -3 | 65 | 0 |
| 30 Jun 16 | 140 | -3 | 65 | 0 |
| 31 Mar 16 | 137 | -4 | 66 | 0 |
| 31 Dec 15 | 140 | -4 | 67 | 0 |
| 30 Sep 15 | 140 | -2 | 67 | 0 |
| 30 Jun 15 | 142 | 1 | 69 | 0 |
| 31 Mar 15 | 142 | 3 | 67 | 0 |
| 31 Dec 14 | 142 | 5 | 66 | 0 |
| 30 Sep 14 | 145 | 5 | 66 | 0 |
| 30 Jun 14 | 147 | 5 | 65 | 0 |
| 31 Mar 14 | 148 | 5 | 65 | 0 |
| 31 Dec 13 | 148 | 3 | 65 | 0 |
| 30 Sep 13 | 146 | 0 | 65 | 0 |
| 30 Jun 13 | 143 | 2 | 64 | 0 |
| 31 Mar 13 | 140 | 5 | 64 | 0 |
Quality Earnings: SOL is currently unprofitable.
Growing Profit Margin: SOL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOL is unprofitable, but has reduced losses over the past 5 years at a rate of 0.8% per year.
Accelerating Growth: Unable to compare SOL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SOL is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.7%).
Return on Equity
High ROE: SOL has a negative Return on Equity (-22.3%), as it is currently unprofitable.