Solidx Past Earnings Performance
Past criteria checks 0/6
Solidx's earnings have been declining at an average annual rate of -25.3%, while the IT industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 34.8% per year.
Key information
-25.3%
Earnings growth rate
-25.7%
EPS growth rate
| IT Industry Growth | 15.3% |
| Revenue growth rate | 34.8% |
| Return on equity | -1.6% |
| Net Margin | -0.4% |
| Next Earnings Update | 11 Dec 2024 |
Revenue & Expenses Breakdown
How Solidx 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 Jul 24 | 129 | -1 | 15 | 0 |
| 30 Apr 24 | 119 | 1 | 13 | 0 |
| 31 Jan 24 | 108 | 2 | 10 | 0 |
| 31 Oct 23 | 102 | 4 | 10 | 0 |
| 31 Jul 23 | 102 | 4 | 10 | 0 |
| 30 Apr 23 | 101 | 5 | 9 | 0 |
| 31 Jan 23 | 97 | 6 | 9 | 0 |
| 31 Oct 22 | 88 | 5 | 8 | 0 |
| 31 Jul 22 | 74 | 2 | 7 | 0 |
| 30 Apr 22 | 64 | 5 | 6 | 0 |
| 31 Jan 22 | 50 | 4 | 4 | 0 |
| 31 Oct 21 | 41 | 4 | 3 | 0 |
| 31 Jul 21 | 38 | 4 | 3 | 0 |
| 30 Apr 21 | 32 | 3 | 2 | 0 |
Quality Earnings: SOLIDX is currently unprofitable.
Growing Profit Margin: SOLIDX is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOLIDX is unprofitable, and losses have increased over the past 5 years at a rate of 25.3% per year.
Accelerating Growth: Unable to compare SOLIDX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SOLIDX is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (0.3%).
Return on Equity
High ROE: SOLIDX has a negative Return on Equity (-1.57%), as it is currently unprofitable.