Nabors Energy Transition Past Earnings Performance
Past criteria checks 0/6
Nabors Energy Transition's earnings have been declining at an average annual rate of -149.2%, while the Capital Markets industry saw earnings growing at 12.1% annually.
Key information
-149.2%
Earnings growth rate
-157.5%
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 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Nabors Energy Transition 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 23 | 0 | 0 | 7 | 0 |
| 30 Jun 23 | 0 | 0 | 7 | 0 |
| 31 Mar 23 | 0 | 0 | 5 | 0 |
| 31 Dec 22 | 0 | 1 | 2 | 0 |
| 30 Sep 22 | 0 | 0 | 1 | 0 |
Quality Earnings: NETC is currently unprofitable.
Growing Profit Margin: NETC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if NETC'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 NETC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NETC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (1.8%).
Return on Equity
High ROE: NETC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.