DSS Past Earnings Performance

Past criteria checks 0/6

DSS's earnings have been declining at an average annual rate of -66.9%, while the Commercial Services industry saw earnings growing at 10.8% annually. Revenues have been growing at an average rate of 23.7% per year.

Key information

-66.9%

Earnings growth rate

3.1%

EPS growth rate

Commercial Services Industry Growth	8.5%
Revenue growth rate	23.7%
Return on equity	-117.2%
Net Margin	-266.4%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Document Security Systems (NYSEMKT:DSS) Has Debt But No Earnings; Should You Worry?

Dec 17

Revenue & Expenses Breakdown
Beta

How DSS makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSEAM:DSS Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	30	-81	25
30 Sep 23	35	-77	34
30 Jun 23	42	-93	46
31 Mar 23	47	-60	52
31 Dec 22	47	-60	54
30 Sep 22	43	-47	48
30 Jun 22	36	-33	40
31 Mar 22	28	-39	34
31 Dec 21	20	-35	27
30 Sep 21	18	-22	27
30 Jun 21	18	-10	23
31 Mar 21	16	-1	17
31 Dec 20	15	3	15
30 Sep 20	16	4	9
30 Jun 20	15	-3	8
31 Mar 20	16	-3	7
31 Dec 19	16	-3	7
30 Sep 19	16	-3	6
30 Jun 19	17	-2	6
31 Mar 19	18	1	7
31 Dec 18	19	1	7
30 Sep 18	18	2	7
30 Jun 18	18	2	7
31 Mar 18	18	-1	7
31 Dec 17	19	-1	6
30 Sep 17	19	-1	7
30 Jun 17	19	0	7
31 Mar 17	20	-1	7
31 Dec 16	19	-1	7
30 Sep 16	19	-12	7
30 Jun 16	18	-13	8
31 Mar 16	18	-13	9
31 Dec 15	18	-14	9
30 Sep 15	17	-31	10
30 Jun 15	17	-38	10
31 Mar 15	18	-40	10
31 Dec 14	18	-41	11
30 Sep 14	19	-14	13
30 Jun 14	18	0	12
31 Mar 14	17	1	12
31 Dec 13	17	3	12
30 Sep 13	18	2	10
30 Jun 13	18	-5	11

Quality Earnings: DSS is currently unprofitable.

Growing Profit Margin: DSS is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: DSS is unprofitable, and losses have increased over the past 5 years at a rate of 66.9% per year.

Accelerating Growth: Unable to compare DSS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DSS is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-6.8%).

Return on Equity

High ROE: DSS has a negative Return on Equity (-117.17%), as it is currently unprofitable.

DSS Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

First quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

DSS Receives Notice of Non-Compliance with NYSE American Trading Share Price Listing Rule

DSS, Inc., Annual General Meeting, Oct 25, 2023

Price target decreased by 19% to US$1.38

Consensus revenue estimates fall by 21%

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

New minor risk - Share price stability

Consensus revenue estimates decrease by 16%, EPS upgraded

First quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Consensus revenue estimates fall by 24%

Executive Chairman of the Board recently bought US$76k worth of stock

Consensus EPS estimates fall by 39%

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

DSS, Inc., Annual General Meeting, Dec 06, 2022

DSS Receives New York Stock Exchange Notice Regarding Late Form 10-Q Filing

DSS, Inc. announced delayed 10-Q filing

High number of new directors

DSS, Inc. Appoint Board of Directors

DSS, Inc Announces Appointment of Directors

Non-Executive Independent Director recently bought US$57k worth of stock

Consensus forecasts updated

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to US$2.20

Consensus estimates of losses per share improve by 17%

Price target decreased to US$2.60

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Document Security Systems, Inc. announced that it expects to receive $17 million in funding from Alset EHome International Inc.

Consensus EPS estimates increase to -US$0.42

Third quarter 2021 earnings released: US$0.093 loss per share (vs US$1.20 profit in 3Q 2020)

Price target decreased to US$3.64

High number of new and inexperienced directors

Document Security Systems, Inc. announced that it has received $14.999999 million in funding from Alset EHome International Inc.

Document Security Systems, Inc. announced delayed 10-Q filing

Insider recently bought US$2.6m worth of stock

Investor sentiment deteriorated over the past week

Document Security Systems, Inc. has completed a Follow-on Equity Offering in the amount of $43.5 million.

Consensus revenue estimates fall to US$19.7m

First quarter 2021 earnings released: US$0.20 loss per share (vs US$1.24 loss in 1Q 2020)

Proof Authentication Corporation entered into an agreement to acquire DSS Digital Inc. from Document Security Systems, Inc. (NYSEAM:DSS) for $5 million.

Price target decreased to US$10.35

Document Security Systems, Inc., Coinstreet Partners and GSX Group Collaborate to Develop Digital Asset Exchange Business in the US

Document Security Systems, Inc. has completed a Follow-on Equity Offering in the amount of $34.494169 million.

Document Security Systems, Inc. (AMEX:DSS) entered into a binding term sheet to acquire HWH World Inc. from Health, Wealth Happiness Pte. Ltd. for $14.8 million.

Investor sentiment improved over the past week

Document Security Systems (NYSEMKT:DSS) Has Debt But No Earnings; Should You Worry?

Market bids up stock over the past week

Market bids up stock over the past week

Market pulls back on stock over the past week

Document Security Systems, Inc., Annual General Meeting, Dec 08, 2020

Market pulls back on stock over the past week

Document Security Systems Promotes Todd Macko to Interim CFO

Market bids up stock over the past week

Third-quarter earnings released: Revenue beats expectations, earnings disappoint

New 90-day low: US$4.26

Document Security Systems, Inc. to Report Q4, 2009 Results on 03/24/2010

Document Security Systems, Inc. Appoints Chan Tung Moe to the Board of Directors

New 90-day low: US$5.35

Analysts update estimates

New 90-day low - US$5.60

Analysts update estimates

Bristol ID Technologies, Inc. executed a nonbinding letter of intent to acquire Plastic Printing Professionals, Inc. from Document Security Systems, Inc.

First half earnings released

New 90-day high - US$10.46

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Revenue & Expenses Breakdown
Beta