Forza X1 Past Earnings Performance
Past criteria checks 0/6
Forza X1's earnings have been declining at an average annual rate of -55.1%, while the Leisure industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 117.5% per year.
Key information
-55.1%
Earnings growth rate
-29.6%
EPS growth rate
| Leisure Industry Growth | 16.9% |
| Revenue growth rate | 117.5% |
| Return on equity | -53.4% |
| Net Margin | -33,908.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 0 | -6 | 4 | 1 |
| 30 Jun 24 | 0 | -6 | 4 | 1 |
| 31 Mar 24 | 0 | -5 | 4 | 1 |
| 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 (-42.1%).
Return on Equity
High ROE: FRZA has a negative Return on Equity (-53.44%), as it is currently unprofitable.