This company is no longer active
ACE Convergence Acquisition Past Earnings Performance
Past criteria checks 0/6
Key information
19.8%
Earnings growth rate
-40.9%
EPS growth rate
Capital Markets Industry Growth | 10.3% |
Revenue growth rate | n/a |
Return on equity | n/a |
Net Margin | n/a |
Last Earnings Update | 30 Sep 2022 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How ACE Convergence Acquisition 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 22 | 0 | -3 | 5 | 0 |
30 Jun 22 | 0 | 27 | 7 | 0 |
31 Mar 22 | 0 | 16 | 7 | 0 |
31 Dec 21 | 0 | 6 | 7 | 0 |
30 Sep 21 | 0 | -4 | 6 | 0 |
Quality Earnings: ACEV is currently unprofitable.
Growing Profit Margin: ACEV is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if ACEV's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare ACEV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ACEV is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (15.6%).
Return on Equity
High ROE: ACEV's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.