Freemelt Holding Past Earnings Performance
Past criteria checks 0/6
Freemelt Holding's earnings have been declining at an average annual rate of -56.5%, while the Machinery industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 36% per year.
Key information
-56.5%
Earnings growth rate
93.0%
EPS growth rate
| Machinery Industry Growth | 9.2% |
| Revenue growth rate | 36.0% |
| Return on equity | -34.6% |
| Net Margin | -191.7% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Freemelt Holding 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 | 43 | -83 | 65 | 0 |
| 31 Dec 22 | 52 | -68 | 57 | 0 |
| 31 Dec 21 | 16 | -48 | 40 | 0 |
| 31 Dec 20 | 17 | -4 | 17 | 0 |
| 31 Dec 19 | 18 | 0 | 12 | 0 |
Quality Earnings: FREEM is currently unprofitable.
Growing Profit Margin: FREEM is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FREEM is unprofitable, and losses have increased over the past 5 years at a rate of 56.5% per year.
Accelerating Growth: Unable to compare FREEM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FREEM is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (4.9%).
Return on Equity
High ROE: FREEM has a negative Return on Equity (-34.6%), as it is currently unprofitable.