Clover Power Past Earnings Performance
Past criteria checks 0/6
Clover Power's earnings have been declining at an average annual rate of -85.6%, while the Renewable Energy industry saw earnings declining at 3.9% annually. Revenues have been declining at an average rate of 13.2% per year.
Key information
-85.6%
Earnings growth rate
-84.9%
EPS growth rate
| Renewable Energy Industry Growth | 6.6% |
| Revenue growth rate | -13.2% |
| Return on equity | -104.3% |
| Net Margin | -167.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Clover Power 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 Sep 24 | 600 | -1,002 | 349 | 0 |
| 30 Jun 24 | 811 | -900 | 328 | 0 |
| 31 Mar 24 | 923 | -611 | 308 | 0 |
| 31 Dec 23 | 1,031 | -560 | 292 | 0 |
| 30 Sep 23 | 1,301 | -172 | 238 | 0 |
| 30 Jun 23 | 1,528 | -101 | 247 | 0 |
| 31 Mar 23 | 1,601 | -35 | 220 | 0 |
| 31 Dec 22 | 1,926 | 23 | 229 | 0 |
| 30 Sep 22 | 2,191 | 88 | 187 | 0 |
| 30 Jun 22 | 1,995 | 139 | 180 | 0 |
| 31 Mar 22 | 1,980 | 136 | 180 | 0 |
| 31 Dec 21 | 1,724 | 147 | 138 | 0 |
| 30 Sep 21 | 1,522 | 158 | 122 | 0 |
| 30 Jun 21 | 1,939 | 171 | 123 | 0 |
| 31 Mar 21 | 2,237 | 137 | 126 | 0 |
| 31 Dec 20 | 2,469 | 95 | 122 | 0 |
| 31 Dec 19 | 626 | 22 | 92 | 0 |
| 31 Dec 18 | 285 | 36 | 234 | 0 |
| 31 Dec 17 | 256 | 25 | 212 | 0 |
Quality Earnings: CV-R is currently unprofitable.
Growing Profit Margin: CV-R is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CV-R is unprofitable, and losses have increased over the past 5 years at a rate of 85.6% per year.
Accelerating Growth: Unable to compare CV-R's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CV-R is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-3.8%).
Return on Equity
High ROE: CV-R has a negative Return on Equity (-104.3%), as it is currently unprofitable.