Prime Road Power Past Earnings Performance
Past criteria checks 0/6
Prime Road Power's earnings have been declining at an average annual rate of -69.2%, while the Renewable Energy industry saw earnings declining at 3.8% annually. Revenues have been growing at an average rate of 37.6% per year.
Key information
-69.2%
Earnings growth rate
-69.5%
EPS growth rate
| Renewable Energy Industry Growth | 6.6% |
| Revenue growth rate | 37.6% |
| Return on equity | -41.3% |
| Net Margin | -74.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Prime Road 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 Jun 24 | 1,324 | -991 | 578 | 0 |
| 31 Mar 24 | 1,471 | -882 | 579 | 0 |
| 31 Dec 23 | 1,611 | -902 | 570 | 0 |
| 30 Sep 23 | 1,854 | 109 | 315 | 0 |
| 30 Jun 23 | 1,754 | 127 | 308 | 0 |
| 31 Mar 23 | 1,438 | 108 | 273 | 0 |
| 31 Dec 22 | 1,115 | 137 | 249 | 0 |
| 30 Sep 22 | 538 | 17 | 237 | 0 |
| 30 Jun 22 | 534 | 41 | 235 | 0 |
| 31 Mar 22 | 562 | 92 | 222 | 0 |
| 31 Dec 21 | 568 | 130 | 213 | 0 |
| 30 Sep 21 | 619 | 255 | 175 | 0 |
| 30 Jun 21 | 568 | 299 | 148 | 0 |
| 31 Mar 21 | 517 | 295 | 139 | 0 |
| 31 Dec 20 | 495 | 288 | 128 | 0 |
| 30 Sep 20 | 396 | 306 | 126 | 0 |
| 30 Jun 20 | 352 | 274 | 137 | 0 |
| 31 Mar 20 | 347 | 278 | 135 | 0 |
| 31 Dec 19 | 334 | 265 | 132 | 0 |
| 30 Sep 19 | 308 | 224 | 156 | 0 |
| 31 Dec 18 | 216 | 178 | 149 | 0 |
Quality Earnings: PRIME is currently unprofitable.
Growing Profit Margin: PRIME is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PRIME is unprofitable, and losses have increased over the past 5 years at a rate of 69.2% per year.
Accelerating Growth: Unable to compare PRIME's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PRIME is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-2.8%).
Return on Equity
High ROE: PRIME has a negative Return on Equity (-41.28%), as it is currently unprofitable.