NeoVolta Past Earnings Performance

Past criteria checks 0/6

NeoVolta's earnings have been declining at an average annual rate of -10.7%, while the Electrical industry saw earnings growing at 14.7% annually. Revenues have been declining at an average rate of 13.8% per year.

Key information

-10.7%

Earnings growth rate

9.1%

EPS growth rate

Electrical Industry Growth9.9%
Revenue growth rate-13.8%
Return on equity-34.2%
Net Margin-61.9%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Companies Like NeoVolta (NASDAQ:NEOV) Are In A Position To Invest In Growth

Jul 29
Companies Like NeoVolta (NASDAQ:NEOV) Are In A Position To Invest In Growth

Here's Why We're Not Too Worried About NeoVolta's (NASDAQ:NEOV) Cash Burn Situation

Apr 27
Here's Why We're Not Too Worried About NeoVolta's (NASDAQ:NEOV) Cash Burn Situation

We're Hopeful That NeoVolta (NASDAQ:NEOV) Will Use Its Cash Wisely

Dec 31
We're Hopeful That NeoVolta (NASDAQ:NEOV) Will Use Its Cash Wisely

NeoVolta Energy Storage Systems eligible for 30% in tax credits

Aug 23

Revenue & Expenses Breakdown
Beta

How NeoVolta makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:NEOV Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 233-230
30 Sep 233-230
30 Jun 233-330
31 Mar 234-340
31 Dec 224-340
30 Sep 224-670
30 Jun 224-660
31 Mar 225-560
31 Dec 215-550
30 Sep 215-880
30 Jun 215-880
31 Mar 215-780
31 Dec 204-880
30 Sep 203-120
30 Jun 202-120
31 Mar 201-220
31 Dec 191-110
30 Sep 190-110
30 Jun 190-110

Quality Earnings: NEOV is currently unprofitable.

Growing Profit Margin: NEOV is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NEOV is unprofitable, and losses have increased over the past 5 years at a rate of 10.7% per year.

Accelerating Growth: Unable to compare NEOV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NEOV is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (28.3%).


Return on Equity

High ROE: NEOV has a negative Return on Equity (-34.23%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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