Launch Technologies Past Earnings Performance
Past criteria checks 0/6
Launch Technologies's earnings have been declining at an average annual rate of -1.5%, while the Leisure industry saw earnings growing at 17.3% annually. Revenues have been growing at an average rate of 20.2% per year.
Key information
-1.5%
Earnings growth rate
-0.6%
EPS growth rate
| Leisure Industry Growth | 20.7% |
| Revenue growth rate | 20.2% |
| Return on equity | -138.1% |
| Net Margin | -33.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Do Investors Have Good Reason To Be Wary Of Launch Technologies Co., Ltd.'s (GTSM:8420) 2.9% Dividend Yield?
Mar 26
Does Launch Technologies (GTSM:8420) Have A Healthy Balance Sheet?
Feb 18Can Launch Technologies Co., Ltd.'s (GTSM:8420) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Jan 20Looking For Steady Income For Your Dividend Portfolio? Is Launch Technologies Co., Ltd. (GTSM:8420) A Good Fit?
Dec 16
Does Launch Technologies's (GTSM:8420) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 18Revenue & Expenses BreakdownBeta
How Launch Technologies 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 | 2,812 | -930 | 157 | 34 |
| 30 Sep 23 | 3,809 | -498 | 75 | 44 |
| 30 Jun 23 | 4,023 | 673 | 102 | 53 |
| 31 Mar 23 | 3,868 | 658 | 102 | 53 |
| 31 Dec 22 | 3,598 | 589 | 103 | 51 |
| 30 Sep 22 | 3,306 | 479 | 109 | 49 |
| 30 Jun 22 | 3,069 | 395 | 107 | 46 |
| 31 Mar 22 | 2,794 | 304 | 97 | 48 |
| 31 Dec 21 | 2,608 | 237 | 87 | 47 |
| 30 Sep 21 | 2,381 | 199 | 78 | 53 |
| 30 Jun 21 | 2,100 | 158 | 68 | 51 |
| 31 Mar 21 | 1,710 | 88 | 65 | 40 |
| 31 Dec 20 | 1,587 | 75 | 67 | 38 |
| 30 Sep 20 | 1,544 | 53 | 69 | 25 |
| 30 Jun 20 | 1,583 | 59 | 74 | 25 |
| 31 Mar 20 | 1,803 | 108 | 79 | 26 |
| 31 Dec 19 | 1,813 | 129 | 79 | 29 |
| 30 Sep 19 | 1,796 | 159 | 75 | 28 |
| 30 Jun 19 | 1,732 | 139 | 73 | 26 |
| 31 Mar 19 | 1,684 | 128 | 73 | 23 |
| 31 Dec 18 | 1,581 | 81 | 77 | 17 |
| 30 Sep 18 | 1,496 | 50 | 75 | 17 |
| 30 Jun 18 | 1,439 | 28 | 76 | 17 |
| 31 Mar 18 | 1,423 | 7 | 71 | 18 |
| 31 Dec 17 | 1,477 | 10 | 69 | 19 |
| 30 Sep 17 | 1,456 | 26 | 75 | 17 |
| 30 Jun 17 | 1,423 | 37 | 76 | 16 |
| 31 Mar 17 | 1,373 | 68 | 79 | 13 |
| 31 Dec 16 | 1,368 | 110 | 81 | 13 |
| 30 Sep 16 | 1,345 | 114 | 81 | 14 |
| 30 Jun 16 | 1,310 | 133 | 79 | 16 |
| 31 Mar 16 | 1,320 | 129 | 78 | 18 |
| 31 Dec 15 | 1,274 | 125 | 73 | 18 |
| 30 Sep 15 | 1,229 | 110 | 69 | 17 |
| 30 Jun 15 | 1,122 | 58 | 71 | 16 |
| 31 Mar 15 | 1,059 | 19 | 72 | 17 |
| 31 Dec 14 | 1,097 | 23 | 74 | 19 |
| 30 Sep 14 | 1,131 | 20 | 74 | 21 |
| 30 Jun 14 | 1,218 | 36 | 72 | 23 |
| 31 Mar 14 | 1,236 | 64 | 69 | 23 |
| 31 Dec 13 | 1,222 | 69 | 67 | 22 |
| 30 Sep 13 | 1,178 | 53 | 65 | 21 |
| 30 Jun 13 | 1,193 | 60 | 63 | 21 |
Quality Earnings: 8420 is currently unprofitable.
Growing Profit Margin: 8420 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8420 is unprofitable, and losses have increased over the past 5 years at a rate of 1.5% per year.
Accelerating Growth: Unable to compare 8420's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8420 is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (-49.9%).
Return on Equity
High ROE: 8420 has a negative Return on Equity (-138.08%), as it is currently unprofitable.