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 Growth | 9.9% |
Revenue growth rate | -13.8% |
Return on equity | -34.2% |
Net Margin | -61.9% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Companies Like NeoVolta (NASDAQ:NEOV) Are In A Position To Invest In Growth
Jul 29Here's Why We're Not Too Worried About NeoVolta's (NASDAQ:NEOV) Cash Burn Situation
Apr 27We're Hopeful That NeoVolta (NASDAQ:NEOV) Will Use Its Cash Wisely
Dec 31NeoVolta Energy Storage Systems eligible for 30% in tax credits
Aug 23Revenue & Expenses BreakdownBeta
How NeoVolta 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 | -2 | 3 | 0 |
30 Sep 23 | 3 | -2 | 3 | 0 |
30 Jun 23 | 3 | -3 | 3 | 0 |
31 Mar 23 | 4 | -3 | 4 | 0 |
31 Dec 22 | 4 | -3 | 4 | 0 |
30 Sep 22 | 4 | -6 | 7 | 0 |
30 Jun 22 | 4 | -6 | 6 | 0 |
31 Mar 22 | 5 | -5 | 6 | 0 |
31 Dec 21 | 5 | -5 | 5 | 0 |
30 Sep 21 | 5 | -8 | 8 | 0 |
30 Jun 21 | 5 | -8 | 8 | 0 |
31 Mar 21 | 5 | -7 | 8 | 0 |
31 Dec 20 | 4 | -8 | 8 | 0 |
30 Sep 20 | 3 | -1 | 2 | 0 |
30 Jun 20 | 2 | -1 | 2 | 0 |
31 Mar 20 | 1 | -2 | 2 | 0 |
31 Dec 19 | 1 | -1 | 1 | 0 |
30 Sep 19 | 0 | -1 | 1 | 0 |
30 Jun 19 | 0 | -1 | 1 | 0 |
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.