PolarCool Past Earnings Performance
Past criteria checks 0/6
PolarCool's earnings have been declining at an average annual rate of -22.9%, while the Medical Equipment industry saw earnings growing at 6.3% annually. Revenues have been growing at an average rate of 49.3% per year.
Key information
-22.9%
Earnings growth rate
30.0%
EPS growth rate
| Medical Equipment Industry Growth | 6.2% |
| Revenue growth rate | 49.3% |
| Return on equity | -271.9% |
| Net Margin | -619.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How PolarCool 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 | 2 | -12 | 11 | 0 |
| 30 Sep 23 | 2 | -13 | 12 | 0 |
| 30 Jun 23 | 2 | -12 | 12 | 0 |
| 31 Mar 23 | 2 | -13 | 12 | 0 |
| 31 Dec 22 | 2 | -12 | 12 | 0 |
| 30 Sep 22 | 2 | -11 | 11 | 0 |
| 30 Jun 22 | 1 | -11 | 11 | 0 |
| 31 Mar 22 | 1 | -8 | 9 | 0 |
| 31 Dec 21 | 1 | -7 | 8 | 0 |
| 30 Sep 21 | 1 | -8 | 8 | 0 |
| 30 Jun 21 | 1 | -7 | 8 | 0 |
| 31 Mar 21 | 1 | -7 | 8 | 0 |
| 31 Dec 20 | 1 | -7 | 8 | 0 |
| 30 Sep 20 | 1 | -7 | 9 | 0 |
| 30 Jun 20 | 1 | -7 | 9 | 0 |
| 31 Mar 20 | 0 | -7 | 9 | 0 |
| 31 Dec 19 | 0 | -7 | 8 | 0 |
| 30 Sep 19 | 0 | -5 | 6 | 0 |
| 30 Jun 19 | 0 | -5 | 5 | 0 |
| 31 Mar 19 | 0 | -3 | 3 | 0 |
| 31 Dec 18 | 0 | -2 | 2 | 0 |
Quality Earnings: POLAR is currently unprofitable.
Growing Profit Margin: POLAR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: POLAR is unprofitable, and losses have increased over the past 5 years at a rate of 22.9% per year.
Accelerating Growth: Unable to compare POLAR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: POLAR is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (59.4%).
Return on Equity
High ROE: POLAR has a negative Return on Equity (-271.86%), as it is currently unprofitable.