IMAC Holdings Past Earnings Performance
Past criteria checks 0/6
IMAC Holdings's earnings have been declining at an average annual rate of -19.3%, while the Healthcare industry saw earnings growing at 5.6% annually. Revenues have been declining at an average rate of 14.7% per year.
Key information
-19.3%
Earnings growth rate
20.5%
EPS growth rate
| Healthcare Industry Growth | 8.5% |
| Revenue growth rate | -14.7% |
| Return on equity | n/a |
| Net Margin | n/a |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
IMAC Holdings, Inc.'s (NASDAQ:BACK) Business And Shares Still Trailing The Industry
Apr 18
Is IMAC Holdings (NASDAQ:IMAC) Using Debt In A Risky Way?
Oct 12IMAC expands Florida presence with Fort Pierce Chiropractic acquisition for undisclosed amount
Jun 14We Think IMAC Holdings (NASDAQ:IMAC) Has A Fair Chunk Of Debt
Mar 06IMAC expands Florida presence with Tampa clinic acquisition
Feb 04IMAC acquires Synergy Healthcare, expanding Florida presence
Jan 14IMAC completes first infusion of stem cells in parkinson’s disease study
Dec 30IMAC Holdings receives $1.69M PPP loan waiver
Dec 04IMAC Holdings EPS beats by $0.04, misses on revenue
Nov 12Revenue & Expenses BreakdownBeta
How IMAC 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 | 0 | -6 | 1 | 0 |
| 31 Dec 23 | 0 | -6 | 1 | 0 |
| 30 Sep 23 | 8 | -15 | 6 | 0 |
| 30 Jun 23 | 11 | -18 | 7 | 0 |
| 31 Mar 23 | 14 | -19 | 8 | 0 |
| 31 Dec 22 | 0 | -12 | 3 | 0 |
| 30 Sep 22 | 17 | -14 | 8 | 0 |
| 30 Jun 22 | 17 | -11 | 8 | 0 |
| 31 Mar 22 | 15 | -11 | 8 | 0 |
| 31 Dec 21 | 14 | -11 | 8 | 0 |
| 30 Sep 21 | 13 | -8 | 7 | 0 |
| 30 Jun 21 | 13 | -7 | 7 | 0 |
| 31 Mar 21 | 13 | -6 | 6 | 0 |
| 31 Dec 20 | 13 | -6 | 6 | 0 |
| 30 Sep 20 | 14 | -7 | 6 | 0 |
| 30 Jun 20 | 14 | -7 | 6 | 0 |
| 31 Mar 20 | 16 | -7 | 7 | 0 |
| 31 Dec 19 | 15 | -6 | 7 | 0 |
| 30 Sep 19 | 14 | -6 | 6 | 0 |
| 30 Jun 19 | 12 | -5 | 6 | 0 |
| 31 Mar 19 | 9 | -4 | 5 | 0 |
| 31 Dec 18 | 7 | -3 | 4 | 0 |
| 30 Sep 18 | 4 | -2 | 3 | 0 |
| 30 Jun 18 | 2 | -1 | 2 | 0 |
| 31 Mar 18 | 1 | -1 | 1 | 0 |
| 31 Dec 17 | 1 | 0 | 1 | 0 |
| 31 Dec 16 | 0 | 0 | 0 | 0 |
Quality Earnings: BACK is currently unprofitable.
Growing Profit Margin: BACK is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BACK is unprofitable, and losses have increased over the past 5 years at a rate of 19.3% per year.
Accelerating Growth: Unable to compare BACK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BACK is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (14.9%).
Return on Equity
High ROE: BACK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.