Soaring TechnologyLtd Past Earnings Performance
Past criteria checks 0/6
Soaring TechnologyLtd's earnings have been declining at an average annual rate of -44.9%, while the Tech industry saw earnings growing at 11.7% annually. Revenues have been declining at an average rate of 61% per year.
Key information
-44.9%
Earnings growth rate
-46.6%
EPS growth rate
| Tech Industry Growth | 14.0% |
| Revenue growth rate | -61.0% |
| Return on equity | -9.1% |
| Net Margin | -982.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Soaring TechnologyLtd 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 | 3 | -25 | 14 | 0 |
| 30 Jun 24 | 3 | -17 | 14 | 0 |
| 31 Mar 24 | 2 | -18 | 15 | 0 |
| 31 Dec 23 | 2 | -20 | 15 | 0 |
| 30 Sep 23 | 3 | -12 | 16 | 0 |
| 30 Jun 23 | 4 | 16 | 18 | 0 |
| 31 Mar 23 | 6 | 15 | 18 | 0 |
| 31 Dec 22 | 9 | 15 | 19 | 0 |
| 30 Sep 22 | 13 | 2 | 20 | 0 |
| 30 Jun 22 | 22 | -27 | 23 | 0 |
| 31 Mar 22 | 164 | -21 | 30 | 0 |
| 31 Dec 21 | 265 | -15 | 40 | 0 |
| 30 Sep 21 | 395 | 3 | 48 | 0 |
| 30 Jun 21 | 531 | 9 | 53 | 0 |
| 31 Mar 21 | 541 | 6 | 60 | 0 |
| 31 Dec 20 | 531 | 7 | 58 | 0 |
| 30 Sep 20 | 547 | 9 | 58 | 0 |
| 30 Jun 20 | 546 | 10 | 58 | 0 |
| 31 Mar 20 | 549 | 15 | 52 | 0 |
| 31 Dec 19 | 572 | 15 | 52 | 0 |
| 30 Sep 19 | 553 | 15 | 50 | 0 |
| 30 Jun 19 | 579 | 24 | 45 | 0 |
| 31 Mar 19 | 515 | 51 | 41 | 0 |
| 31 Dec 18 | 402 | 52 | 33 | 0 |
| 30 Sep 18 | 272 | 39 | 24 | 0 |
| 30 Jun 18 | 106 | 12 | 21 | 1 |
| 31 Mar 18 | 31 | 14 | 17 | 2 |
| 31 Dec 17 | 48 | 6 | 23 | 5 |
| 30 Sep 17 | 97 | 7 | 11 | 12 |
| 30 Jun 17 | 114 | -86 | 89 | 16 |
| 31 Mar 17 | 121 | -158 | 93 | 19 |
| 31 Dec 16 | 167 | -169 | 92 | 21 |
| 30 Sep 16 | 152 | -240 | 110 | 19 |
| 30 Jun 16 | 143 | -169 | 36 | 19 |
| 31 Mar 16 | 142 | -144 | 35 | 18 |
| 31 Dec 15 | 98 | -143 | 37 | 18 |
| 30 Sep 15 | 101 | -70 | 35 | 18 |
| 30 Jun 15 | 122 | -47 | 35 | 18 |
| 31 Mar 15 | 147 | -40 | 36 | 20 |
| 31 Dec 14 | 185 | -31 | 38 | 22 |
| 30 Sep 14 | 272 | -85 | 39 | 27 |
| 30 Jun 14 | 313 | -85 | 42 | 31 |
| 31 Mar 14 | 338 | -86 | 42 | 34 |
| 31 Dec 13 | 346 | -89 | 41 | 39 |
Quality Earnings: 6222 is currently unprofitable.
Growing Profit Margin: 6222 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6222 is unprofitable, and losses have increased over the past 5 years at a rate of 44.9% per year.
Accelerating Growth: Unable to compare 6222's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6222 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (10%).
Return on Equity
High ROE: 6222 has a negative Return on Equity (-9.09%), as it is currently unprofitable.