Progres a.d Past Earnings Performance
Past criteria checks 0/6
Progres a.d's earnings have been declining at an average annual rate of -26.8%, while the Oil and Gas industry saw earnings growing at 31.1% annually. Revenues have been declining at an average rate of 4.8% per year.
Key information
-26.8%
Earnings growth rate
-26.8%
EPS growth rate
| Oil and Gas Industry Growth | 27.8% |
| Revenue growth rate | -4.8% |
| Return on equity | -6.4% |
| Net Margin | -612.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Progres a.d 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 | 21 | -127 | 79 | 0 |
| 30 Sep 23 | 24 | -151 | 80 | 0 |
| 30 Jun 23 | 28 | -174 | 81 | 0 |
| 31 Mar 23 | 26 | -155 | 81 | 0 |
| 31 Dec 22 | 25 | -135 | 81 | 0 |
| 31 Dec 21 | 39 | -69 | 86 | 0 |
| 31 Dec 20 | 37 | 1,517 | 94 | 0 |
| 31 Dec 19 | 31 | 99 | 105 | 0 |
| 30 Sep 19 | 27 | 102 | 104 | 0 |
| 30 Jun 19 | 23 | 106 | 103 | 0 |
| 31 Mar 19 | 31 | 2 | 98 | 0 |
| 31 Dec 18 | 39 | -102 | 92 | 0 |
| 30 Sep 18 | 36 | -126 | 90 | 0 |
| 30 Jun 18 | 34 | -149 | 88 | 0 |
| 31 Mar 18 | 34 | -109 | 89 | 0 |
| 31 Dec 17 | 34 | -70 | 89 | 0 |
| 30 Sep 17 | 42 | -106 | 101 | 0 |
| 30 Jun 17 | 50 | -142 | 112 | 0 |
| 31 Mar 17 | 57 | -250 | 100 | 0 |
| 31 Dec 16 | 63 | -358 | 87 | 0 |
| 31 Dec 14 | 60 | -1,286 | 100 | 0 |
| 31 Dec 13 | 123 | -332 | 122 | 0 |
Quality Earnings: PRGS is currently unprofitable.
Growing Profit Margin: PRGS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PRGS is unprofitable, and losses have increased over the past 5 years at a rate of 26.8% per year.
Accelerating Growth: Unable to compare PRGS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PRGS is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-13.4%).
Return on Equity
High ROE: PRGS has a negative Return on Equity (-6.38%), as it is currently unprofitable.