Farmmi Past Earnings Performance
Past criteria checks 1/6
Farmmi has been growing earnings at an average annual rate of 30%, while the Food industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 31.8% per year. Farmmi's return on equity is 1%, and it has net margins of 1.8%.
Key information
30.0%
Earnings growth rate
-40.6%
EPS growth rate
| Food Industry Growth | 16.0% |
| Revenue growth rate | 31.8% |
| Return on equity | 1.0% |
| Net Margin | 1.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Returns On Capital At Farmmi (NASDAQ:FAMI) Paint A Concerning Picture
May 28
Farmmi secures new high volume order exporting to Israel
Oct 18Farmmi to ship high-volume order to the Middle East
Oct 11Farmmi gains on receiving repeat bulk multi-product order for export to Japan
Sep 27Farmmi secures multi-product order for export to Israel
Sep 20Farmmi bags repeat order to Southwest Asia
Aug 29Farmmi GAAP EPS of -$0.03, revenue of $42.14M
Aug 22Farmmi establishes Canadian subsidiary
Aug 16Farmmi wins sales order for export to Israel
Aug 09Farmmi grows sales with export to Japan
Jul 19Farmmi secures new order for export to Canada
Jul 13Farmmi (NASDAQ:FAMI) Will Be Hoping To Turn Its Returns On Capital Around
Feb 28Farmmi (NASDAQ:FAMI) Will Want To Turn Around Its Return Trends
Sep 13Farmmi: A Chinese Agriculture Brand Set To Capitalize On New Wellness Trends
Aug 13Should Shareholders Worry About Farmmi, Inc.'s (NASDAQ:FAMI) CEO Compensation Package?
Jul 09Farmmi receives noncompliance notification from Nasdaq
Jun 04Farmmi rallies on closing upsized public offering of $48.3M
May 03Can Mixed Fundamentals Have A Negative Impact on Farmmi, Inc. (NASDAQ:FAMI) Current Share Price Momentum?
Feb 01
Farmmi reports FY results
Jan 29Farmmi regains compliance with Nasdaq
Jan 12Farmmi nabs another follow-on order from multi-channel customer
Jan 06Farmmi wins multi-product order from a Chinese multi-channel customer
Dec 21Farmmi accelerates international expansion with Canadian order
Oct 29Revenue & Expenses Breakdown
How Farmmi 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 |
|---|---|---|---|---|
| 31 Mar 24 | 86 | 2 | 2 | 0 |
| 31 Dec 23 | 98 | 2 | 2 | 0 |
| 30 Sep 23 | 110 | 3 | 2 | 0 |
| 30 Jun 23 | 114 | 3 | 2 | 0 |
| 31 Mar 23 | 118 | 4 | 2 | 0 |
| 31 Dec 22 | 108 | 3 | 3 | 0 |
| 30 Sep 22 | 99 | 2 | 4 | 0 |
| 30 Jun 22 | 82 | 1 | 4 | 0 |
| 31 Mar 22 | 64 | 0 | 4 | 0 |
| 31 Dec 21 | 52 | 1 | 3 | 0 |
| 30 Sep 21 | 39 | 2 | 2 | 0 |
| 31 Mar 21 | 32 | 3 | 3 | 0 |
| 31 Dec 20 | 30 | 2 | 3 | 0 |
| 30 Sep 20 | 28 | 1 | 2 | 0 |
| 30 Jun 20 | 30 | 0 | 3 | 0 |
| 31 Mar 20 | 30 | 0 | 2 | 0 |
| 31 Dec 19 | 30 | 0 | 2 | 0 |
| 30 Sep 19 | 29 | 0 | 2 | 0 |
| 30 Jun 19 | 31 | 1 | 2 | 0 |
| 31 Mar 19 | 31 | 2 | 2 | 0 |
| 31 Dec 18 | 31 | 3 | 2 | 0 |
| 30 Sep 18 | 30 | 3 | 2 | 0 |
| 30 Jun 18 | 29 | 3 | 2 | 0 |
| 31 Mar 18 | 28 | 3 | 1 | 0 |
| 31 Dec 17 | 27 | 3 | 1 | 0 |
| 30 Sep 17 | 27 | 3 | 1 | 0 |
| 30 Jun 17 | 25 | 3 | 1 | 0 |
| 31 Mar 17 | 22 | 3 | 1 | 0 |
| 31 Dec 16 | 22 | 2 | 1 | 0 |
| 30 Sep 16 | 21 | 2 | 0 | 0 |
| 30 Sep 15 | 11 | 1 | 0 | 0 |
Quality Earnings: FAMI has a high level of non-cash earnings.
Growing Profit Margin: FAMI's current net profit margins (1.8%) are lower than last year (3.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FAMI's earnings have grown significantly by 30% per year over the past 5 years.
Accelerating Growth: FAMI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FAMI had negative earnings growth (-63.7%) over the past year, making it difficult to compare to the Food industry average (1.2%).
Return on Equity
High ROE: FAMI's Return on Equity (1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:15 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Farmmi, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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