Primech Holdings Past Earnings Performance
Past criteria checks 0/6
Primech Holdings's earnings have been declining at an average annual rate of -77.3%, while the Commercial Services industry saw earnings growing at 11.2% annually. Revenues have been growing at an average rate of 17.4% per year.
Key information
-77.3%
Earnings growth rate
-78.2%
EPS growth rate
| Commercial Services Industry Growth | 8.5% |
| Revenue growth rate | 17.4% |
| Return on equity | -5.3% |
| Net Margin | -0.7% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Primech 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 | 71 | 0 | 13 | 0 |
| 30 Jun 23 | 70 | -2 | 13 | 0 |
| 31 Mar 23 | 69 | -3 | 13 | 0 |
| 31 Dec 22 | 65 | -3 | 12 | 0 |
| 30 Sep 22 | 61 | -3 | 12 | 0 |
| 30 Jun 22 | 58 | -2 | 11 | 0 |
| 31 Mar 22 | 54 | -1 | 11 | 0 |
| 31 Dec 21 | 53 | 0 | 11 | 0 |
| 30 Sep 21 | 52 | 1 | 11 | 0 |
| 30 Jun 21 | 50 | 3 | 9 | 0 |
| 31 Mar 21 | 48 | 5 | 8 | 0 |
| 31 Mar 20 | 48 | 0 | 5 | 0 |
Quality Earnings: PMEC is currently unprofitable.
Growing Profit Margin: PMEC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PMEC is unprofitable, and losses have increased over the past 5 years at a rate of 77.3% per year.
Accelerating Growth: Unable to compare PMEC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PMEC is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (12.5%).
Return on Equity
High ROE: PMEC has a negative Return on Equity (-5.25%), as it is currently unprofitable.