LightAir Past Earnings Performance
Past criteria checks 0/6
LightAir's earnings have been declining at an average annual rate of -29.8%, while the Consumer Durables industry saw earnings growing at 12.8% annually. Revenues have been declining at an average rate of 0.8% per year.
Key information
-29.8%
Earnings growth rate
-7.8%
EPS growth rate
| Consumer Durables Industry Growth | -0.08% |
| Revenue growth rate | -0.8% |
| Return on equity | -69.2% |
| Net Margin | -117.2% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How LightAir 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 Jun 24 | 16 | -18 | 25 | 0 |
| 31 Mar 24 | 16 | -18 | 24 | 0 |
| 31 Dec 23 | 16 | -17 | 23 | 0 |
| 30 Sep 23 | 16 | -32 | 23 | 0 |
| 30 Jun 23 | 16 | -47 | 22 | 0 |
| 31 Mar 23 | 15 | -49 | 22 | 0 |
| 31 Dec 22 | 14 | -52 | 21 | 0 |
| 30 Sep 22 | 15 | -39 | 21 | 0 |
| 30 Jun 22 | 16 | -26 | 21 | 0 |
| 31 Mar 22 | 16 | -24 | 20 | 0 |
| 31 Dec 21 | 17 | -22 | 20 | 0 |
| 30 Sep 21 | 19 | -19 | 18 | 0 |
| 30 Jun 21 | 20 | -15 | 17 | 0 |
| 31 Mar 21 | 27 | -13 | 17 | 0 |
| 31 Dec 20 | 28 | -12 | 15 | 0 |
| 30 Sep 20 | 28 | -3 | 20 | 0 |
| 30 Jun 20 | 23 | -3 | 20 | 0 |
| 31 Mar 20 | 15 | -3 | 16 | 0 |
| 31 Dec 19 | 12 | -3 | 18 | 0 |
| 30 Sep 19 | 8 | -11 | 14 | 0 |
| 30 Jun 19 | 8 | -11 | 14 | 0 |
| 31 Mar 19 | 8 | -11 | 13 | 0 |
| 31 Dec 18 | 11 | -8 | 12 | 0 |
| 30 Sep 18 | 11 | -14 | 15 | 0 |
| 30 Jun 18 | 15 | -14 | 17 | 0 |
| 31 Mar 18 | 20 | -14 | 18 | 0 |
| 31 Dec 17 | 22 | -17 | 20 | 0 |
| 30 Sep 17 | 26 | -15 | 19 | 0 |
| 30 Jun 17 | 25 | -15 | 18 | 0 |
| 31 Mar 17 | 27 | -15 | 19 | 0 |
| 31 Dec 16 | 29 | -15 | 19 | 0 |
Quality Earnings: LAIR is currently unprofitable.
Growing Profit Margin: LAIR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LAIR is unprofitable, and losses have increased over the past 5 years at a rate of 29.8% per year.
Accelerating Growth: Unable to compare LAIR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LAIR is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-36.1%).
Return on Equity
High ROE: LAIR has a negative Return on Equity (-69.16%), as it is currently unprofitable.