Shorepower Technologies Past Earnings Performance
Past criteria checks 0/6
Shorepower Technologies's earnings have been declining at an average annual rate of -109.8%, while the Electrical industry saw earnings growing at 15.6% annually. Revenues have been declining at an average rate of 12% per year.
Key information
-109.8%
Earnings growth rate
-105.4%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | -12.0% |
| Return on equity | n/a |
| Net Margin | -3,375.7% |
| Last Earnings Update | 29 Feb 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Shorepower Technologies 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 |
|---|---|---|---|---|
| 29 Feb 24 | 0 | -1 | 0 | 0 |
| 30 Nov 23 | 0 | -1 | 0 | 0 |
| 31 Aug 23 | 0 | -1 | 0 | 0 |
| 31 May 23 | 0 | 0 | 0 | 0 |
| 28 Feb 23 | 0 | 0 | 0 | 0 |
| 31 Dec 22 | 0 | 0 | 0 | 0 |
| 30 Sep 22 | 0 | 0 | 0 | 0 |
| 31 Dec 21 | 0 | 0 | 0 | 0 |
Quality Earnings: SPEV is currently unprofitable.
Growing Profit Margin: SPEV is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SPEV's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare SPEV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPEV is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (4.3%).
Return on Equity
High ROE: SPEV's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.