RAC Electric Vehicles Past Earnings Performance
Past criteria checks 0/6
RAC Electric Vehicles's earnings have been declining at an average annual rate of -9.3%, while the Machinery industry saw earnings growing at 10.9% annually. Revenues have been growing at an average rate of 53.1% per year.
Key information
-9.3%
Earnings growth rate
2.3%
EPS growth rate
| Machinery Industry Growth | 10.0% |
| Revenue growth rate | 53.1% |
| Return on equity | -31.0% |
| Net Margin | -8.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses Breakdown
How RAC Electric Vehicles 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 | 1,901 | -154 | 128 | 68 |
| 30 Sep 23 | 1,802 | -175 | 122 | 61 |
| 30 Jun 23 | 1,704 | -196 | 117 | 54 |
| 31 Mar 23 | 1,307 | -190 | 117 | 46 |
| 31 Dec 22 | 909 | -185 | 117 | 37 |
| 30 Sep 22 | 723 | -164 | 108 | 41 |
| 30 Jun 22 | 537 | -144 | 99 | 44 |
| 31 Mar 22 | 429 | -141 | 82 | 46 |
| 31 Dec 21 | 321 | -138 | 64 | 49 |
| 30 Sep 21 | 348 | -141 | 63 | 44 |
| 30 Jun 21 | 376 | -144 | 62 | 39 |
| 31 Mar 21 | 359 | -149 | 64 | 39 |
| 31 Dec 20 | 341 | -154 | 66 | 39 |
| 30 Sep 20 | 193 | -161 | 63 | 37 |
| 30 Jun 20 | 45 | -168 | 61 | 35 |
| 31 Mar 20 | 103 | -151 | 58 | 34 |
| 31 Dec 19 | 160 | -134 | 56 | 32 |
| 30 Sep 19 | 222 | -109 | 42 | 34 |
| 30 Jun 19 | 284 | -84 | 29 | 35 |
| 31 Mar 19 | 227 | -102 | 28 | 46 |
| 31 Dec 18 | 170 | -119 | 27 | 57 |
| 30 Sep 18 | 113 | -137 | 40 | 63 |
| 30 Jun 18 | 57 | -155 | 52 | 68 |
| 31 Mar 18 | 58 | -134 | 50 | 55 |
| 31 Dec 17 | 59 | -113 | 47 | 42 |
| 30 Sep 17 | 35 | -111 | 53 | 32 |
| 30 Jun 17 | 11 | -109 | 59 | 22 |
| 31 Mar 17 | 47 | -136 | 91 | 24 |
| 31 Dec 16 | 84 | -163 | 123 | 26 |
| 30 Sep 16 | 147 | -170 | 139 | 44 |
| 30 Jun 16 | 210 | -176 | 155 | 62 |
| 31 Mar 16 | 211 | -157 | 138 | 70 |
| 31 Dec 15 | 212 | -138 | 121 | 77 |
| 30 Sep 15 | 199 | -137 | 113 | 81 |
| 30 Jun 15 | 186 | -136 | 104 | 84 |
| 31 Mar 15 | 258 | -100 | 90 | 76 |
| 31 Dec 14 | 330 | -64 | 76 | 68 |
| 30 Sep 14 | 299 | -42 | 61 | 46 |
| 30 Jun 14 | 268 | -20 | 47 | 24 |
| 31 Mar 14 | 163 | -40 | 42 | 26 |
| 31 Dec 13 | 58 | -61 | 38 | 28 |
Quality Earnings: 2237 is currently unprofitable.
Growing Profit Margin: 2237 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2237 is unprofitable, and losses have increased over the past 5 years at a rate of 9.3% per year.
Accelerating Growth: Unable to compare 2237's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2237 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (5.8%).
Return on Equity
High ROE: 2237 has a negative Return on Equity (-31.04%), as it is currently unprofitable.