Turbo Energy Past Earnings Performance
Past criteria checks 0/6
Turbo Energy's earnings have been declining at an average annual rate of -295.8%, while the Electrical industry saw earnings growing at 17.1% annually. Revenues have been declining at an average rate of 57.8% per year.
Key information
-295.8%
Earnings growth rate
-290.5%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | -57.8% |
| Return on equity | -38.3% |
| Net Margin | -15.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Turbo Energy 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 | 13 | -2 | 4 | 0 |
| 30 Sep 23 | 19 | -1 | 4 | 0 |
| 30 Jun 23 | 24 | 0 | 3 | 0 |
| 31 Mar 23 | 28 | 0 | 3 | 0 |
| 31 Dec 22 | 31 | 1 | 3 | 0 |
| 31 Dec 21 | 17 | 0 | 2 | 0 |
Quality Earnings: TURB is currently unprofitable.
Growing Profit Margin: TURB is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if TURB's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare TURB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TURB is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (5.1%).
Return on Equity
High ROE: TURB has a negative Return on Equity (-38.31%), as it is currently unprofitable.