African Agriculture Holdings Past Earnings Performance
Past criteria checks 0/6
African Agriculture Holdings's earnings have been declining at an average annual rate of -61.4%, while the Food industry saw earnings growing at 8.2% annually. Revenues have been growing at an average rate of 59.6% per year.
Key information
-61.4%
Earnings growth rate
48.1%
EPS growth rate
| Food Industry Growth | 16.0% |
| Revenue growth rate | 59.6% |
| Return on equity | n/a |
| Net Margin | -2,639.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How African Agriculture Holdings 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 | 2 | -46 | 43 | 0 |
| 31 Dec 23 | 2 | -43 | 41 | 0 |
| 30 Sep 23 | 2 | -50 | 49 | 0 |
| 30 Jun 23 | 2 | -42 | 41 | 0 |
| 31 Mar 23 | 1 | -34 | 33 | 0 |
| 31 Dec 22 | 1 | -26 | 25 | 0 |
| 30 Sep 22 | 0 | -7 | 5 | 0 |
| 31 Mar 22 | 0 | -5 | 4 | 0 |
| 31 Dec 21 | 0 | -3 | 3 | 0 |
| 30 Sep 21 | 0 | -2 | 2 | 0 |
| 31 Dec 20 | 0 | -2 | 1 | 0 |
Quality Earnings: AAGR is currently unprofitable.
Growing Profit Margin: AAGR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AAGR is unprofitable, and losses have increased over the past 5 years at a rate of 61.4% per year.
Accelerating Growth: Unable to compare AAGR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AAGR is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-1.9%).
Return on Equity
High ROE: AAGR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.