Borealis Foods Past Earnings Performance
Past criteria checks 0/6
Borealis Foods has been growing earnings at an average annual rate of 0.2%, while the Food industry saw earnings growing at 8.2% annually. Revenues have been declining at an average rate of 3.2% per year.
Key information
0.2%
Earnings growth rate
49.9%
EPS growth rate
| Food Industry Growth | 16.0% |
| Revenue growth rate | -3.2% |
| Return on equity | -282.5% |
| Net Margin | -98.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Borealis Foods 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 Jun 24 | 28 | -28 | 17 | 0 |
| 31 Mar 24 | 30 | -30 | 16 | 0 |
| 31 Dec 23 | 30 | -27 | 13 | 0 |
| 30 Sep 23 | 30 | -28 | 14 | 0 |
| 30 Jun 23 | 29 | -28 | 14 | 0 |
| 31 Mar 23 | 29 | -27 | 14 | 0 |
| 31 Dec 22 | 26 | -26 | 15 | 0 |
| 31 Dec 21 | 14 | -10 | 10 | 0 |
Quality Earnings: BRLS is currently unprofitable.
Growing Profit Margin: BRLS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if BRLS's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare BRLS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BRLS is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (3.2%).
Return on Equity
High ROE: BRLS has a negative Return on Equity (-282.48%), as it is currently unprofitable.