Volcon Past Earnings Performance
Past criteria checks 0/6
Volcon's earnings have been declining at an average annual rate of -34.1%, while the Auto industry saw earnings growing at 21.8% annually. Revenues have been growing at an average rate of 62.8% per year.
Key information
-34.1%
Earnings growth rate
27.9%
EPS growth rate
| Auto Industry Growth | 23.9% |
| Revenue growth rate | 62.8% |
| Return on equity | n/a |
| Net Margin | -1,382.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Volcon scales 10%, awarded first stag UTV order with US Army
Oct 05Volcon appoints Katie Hale as CMO
Sep 14Volcon declines 14% on pricing of $27.2M convertible senior notes offering
Aug 22Volcon reports Q2 results
Aug 15Volcon reports thousands of pre-orders for Stag in first 14 days
Jul 11Volcon Is Getting Product Into Dealerships, Let's See If It Sticks
Apr 08Revenue & Expenses BreakdownBeta
How Volcon 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 | 3 | -45 | 14 | 8 |
| 30 Sep 23 | 3 | -49 | 14 | 8 |
| 30 Jun 23 | 3 | -46 | 14 | 7 |
| 31 Mar 23 | 5 | -33 | 15 | 8 |
| 31 Dec 22 | 5 | -34 | 15 | 8 |
| 30 Sep 22 | 4 | -41 | 13 | 10 |
| 30 Jun 22 | 4 | -39 | 12 | 11 |
| 31 Mar 22 | 2 | -33 | 9 | 11 |
| 31 Dec 21 | 0 | -40 | 19 | 10 |
| 30 Sep 21 | 0 | -27 | 18 | 8 |
| 30 Jun 21 | 0 | -21 | 16 | 5 |
Quality Earnings: VLCN is currently unprofitable.
Growing Profit Margin: VLCN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if VLCN's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare VLCN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VLCN is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (14.3%).
Return on Equity
High ROE: VLCN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.