SMG Industries Past Earnings Performance
Past criteria checks 0/6
SMG Industries's earnings have been declining at an average annual rate of -26.7%, while the Energy Services industry saw earnings growing at 41.3% annually. Revenues have been growing at an average rate of 54% per year.
Key information
-26.7%
Earnings growth rate
-6.4%
EPS growth rate
| Energy Services Industry Growth | 23.7% |
| Revenue growth rate | 54.0% |
| Return on equity | -56.3% |
| Net Margin | -9.2% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How SMG Industries 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 | 93 | -9 | 13 | 0 |
| 30 Jun 23 | 79 | -10 | 10 | 0 |
| 31 Mar 23 | 76 | -12 | 10 | 0 |
| 31 Dec 22 | 71 | -12 | 9 | 0 |
| 30 Sep 22 | 71 | -13 | 11 | 0 |
| 30 Jun 22 | 67 | -14 | 10 | 0 |
| 31 Mar 22 | 61 | -11 | 9 | 0 |
| 31 Dec 21 | 52 | -12 | 8 | 0 |
| 30 Sep 21 | 43 | -13 | 7 | 0 |
| 30 Jun 21 | 35 | -13 | 7 | 0 |
| 31 Mar 21 | 30 | -15 | 6 | 0 |
| 31 Dec 20 | 27 | -14 | 5 | 0 |
| 30 Sep 20 | 14 | -11 | 2 | 0 |
| 30 Jun 20 | 10 | -8 | 2 | 0 |
| 31 Mar 20 | 3 | -6 | 1 | 0 |
| 31 Dec 19 | 1 | -3 | 2 | 0 |
| 30 Sep 19 | 6 | -3 | 3 | 0 |
| 30 Jun 19 | 5 | -3 | 3 | 0 |
| 31 Mar 19 | 5 | -2 | 3 | 0 |
| 31 Dec 18 | 4 | -1 | 2 | 0 |
| 30 Sep 18 | 4 | -1 | 2 | 0 |
| 30 Jun 18 | 3 | -1 | 2 | 0 |
| 31 Mar 18 | 3 | -1 | 1 | 0 |
| 31 Dec 17 | 2 | -1 | 1 | 0 |
| 30 Sep 17 | 2 | 0 | 1 | 0 |
| 30 Jun 17 | 2 | 0 | 1 | 0 |
| 31 Mar 17 | 2 | 0 | 0 | 0 |
| 31 Dec 16 | 2 | 0 | 0 | 0 |
| 31 Dec 15 | 2 | 0 | 1 | 0 |
Quality Earnings: SMGI is currently unprofitable.
Growing Profit Margin: SMGI is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SMGI is unprofitable, and losses have increased over the past 5 years at a rate of 26.7% per year.
Accelerating Growth: Unable to compare SMGI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SMGI is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (57.6%).
Return on Equity
High ROE: SMGI has a negative Return on Equity (-56.27%), as it is currently unprofitable.