Forza X1 Past Earnings Performance
Past criteria checks 0/6
Forza X1's earnings have been declining at an average annual rate of -63.4%, while the Leisure industry saw earnings growing at 17.5% annually.
Key information
-63.4%
Earnings growth rate
-1.9%
EPS growth rate
| Leisure Industry Growth | 16.9% |
| Revenue growth rate | n/a |
| Return on equity | -37.0% |
| Net Margin | -15,984.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Forza X1 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 |
|---|---|---|---|---|
| 31 Dec 23 | 0 | -6 | 5 | 2 |
| 30 Sep 23 | 0 | -6 | 5 | 1 |
| 30 Jun 23 | 0 | -6 | 4 | 1 |
| 31 Mar 23 | 0 | -5 | 3 | 1 |
| 31 Dec 22 | 0 | -4 | 2 | 1 |
| 30 Sep 22 | 0 | -2 | 1 | 1 |
| 30 Jun 22 | 0 | -2 | 1 | 1 |
| 31 Mar 22 | 0 | -1 | 0 | 0 |
Quality Earnings: FRZA is currently unprofitable.
Growing Profit Margin: FRZA is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if FRZA's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare FRZA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FRZA is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (-39.3%).
Return on Equity
High ROE: FRZA has a negative Return on Equity (-37.03%), as it is currently unprofitable.