Summit Networks Past Earnings Performance
Past criteria checks 0/6
Summit Networks's earnings have been declining at an average annual rate of -58%, while the Commercial Services industry saw earnings growing at 10.8% annually. Revenues have been declining at an average rate of 142.8% per year.
Key information
-58.0%
Earnings growth rate
55.9%
EPS growth rate
| Commercial Services Industry Growth | 8.5% |
| Revenue growth rate | -142.8% |
| Return on equity | -2.7% |
| Net Margin | -75.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Summit Networks 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 Jun 24 | 0 | 0 | 0 | 0 |
| 31 Mar 24 | 0 | 0 | 0 | 0 |
| 31 Dec 23 | 0 | 0 | 0 | 0 |
| 30 Sep 23 | 0 | 0 | 0 | 0 |
| 30 Jun 23 | 0 | 0 | 0 | 0 |
| 31 Mar 23 | 0 | 0 | 0 | 0 |
| 31 Dec 22 | 0 | 0 | 0 | 0 |
| 30 Sep 22 | 0 | 0 | 0 | 0 |
| 30 Jun 22 | 0 | 0 | 0 | 0 |
| 31 Mar 22 | 0 | 0 | 0 | 0 |
| 31 Dec 21 | 0 | 0 | 1 | 0 |
| 30 Sep 21 | 0 | 0 | 1 | 0 |
| 30 Jun 21 | 0 | 0 | 0 | 0 |
| 31 Mar 21 | 0 | 0 | 0 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
| 30 Sep 20 | 0 | 0 | 0 | 0 |
| 31 Jul 20 | 0 | 0 | 0 | 0 |
| 30 Sep 19 | 9 | 3 | 2 | 0 |
Quality Earnings: SNTW is currently unprofitable.
Growing Profit Margin: SNTW is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SNTW is unprofitable, and losses have increased over the past 5 years at a rate of 58% per year.
Accelerating Growth: Unable to compare SNTW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SNTW is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (15.1%).
Return on Equity
High ROE: SNTW has a negative Return on Equity (-2.69%), as it is currently unprofitable.