Electriq Power Holdings Past Earnings Performance
Past criteria checks 0/6
Electriq Power Holdings's earnings have been declining at an average annual rate of -13.5%, while the Electrical industry saw earnings growing at 16.5% annually. Revenues have been growing at an average rate of 20.4% per year.
Key information
-13.5%
Earnings growth rate
1.8%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 20.4% |
| Return on equity | n/a |
| Net Margin | -1,372.5% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Electriq Power Holdings 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 23 | 2 | -23 | 24 | 4 |
| 30 Jun 23 | 7 | -13 | 21 | 4 |
| 31 Mar 23 | 11 | -56 | 19 | 3 |
| 31 Dec 22 | 16 | -54 | 16 | 3 |
| 30 Sep 22 | 18 | -60 | 13 | 4 |
| 30 Jun 22 | 12 | -58 | 13 | 3 |
| 31 Mar 22 | 8 | -38 | 12 | 3 |
| 31 Dec 21 | 3 | -37 | 11 | 3 |
| 31 Dec 20 | 2 | -7 | 3 | 2 |
Quality Earnings: ELIQ is currently unprofitable.
Growing Profit Margin: ELIQ is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ELIQ's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare ELIQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ELIQ is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (11.9%).
Return on Equity
High ROE: ELIQ's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.