Trine II Acquisition Corp.

NYSE:TRAQ Stock Report

Market Cap: US$543.4m

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Trine II Acquisition Past Earnings Performance

Past criteria checks 2/6

Trine II Acquisition has been growing earnings at an average annual rate of 988.9%, while the Capital Markets industry saw earnings growing at 19.5% annually.

Key information

988.9%

Earnings growth rate

232.9%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth raten/a
Return on equityn/a
Net Marginn/a
Last Earnings Update31 Dec 2022

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

How Trine II Acquisition makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:TRAQ Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2202620
30 Sep 2202420
30 Jun 2202020
31 Mar 2201510

Quality Earnings: TRAQ has high quality earnings.

Growing Profit Margin: Insufficient data to determine if TRAQ's profit margins have improved over the past year.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if TRAQ'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 TRAQ's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: TRAQ earnings growth over the past year (988.9%) exceeded the Capital Markets industry 28.3%.


Return on Equity

High ROE: TRAQ's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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