NeoVolta Past Earnings Performance
Past criteria checks 0/6
NeoVolta has been growing earnings at an average annual rate of 2%, while the Electrical industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 7.5% per year.
Key information
2.0%
Earnings growth rate
18.3%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 7.5% |
| Return on equity | -72.9% |
| Net Margin | -114.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Companies Like NeoVolta (NASDAQ:NEOV) Are In A Position To Invest In Growth
Jul 29
Here'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 Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 2 | -3 | 3 | 0 |
| 30 Jun 24 | 3 | -2 | 3 | 0 |
| 31 Mar 24 | 3 | -2 | 3 | 0 |
| 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, but has reduced losses over the past 5 years at a rate of 2% 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 (4.7%).
Return on Equity
High ROE: NEOV has a negative Return on Equity (-72.87%), as it is currently unprofitable.