Spectral AI Past Earnings Performance
Past criteria checks 0/6
Spectral AI's earnings have been declining at an average annual rate of -81.8%, while the Medical Equipment industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 7.5% per year.
Key information
-81.8%
Earnings growth rate
-121.5%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | 7.5% |
| Return on equity | n/a |
| Net Margin | -105.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Spectral AI 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 | 19 | -20 | 21 | 0 |
| 31 Dec 23 | 18 | -21 | 21 | 0 |
| 30 Sep 23 | 19 | -19 | 20 | 0 |
| 30 Jun 23 | 22 | -9 | 18 | 0 |
| 31 Mar 23 | 25 | -6 | 16 | 0 |
| 31 Dec 22 | 25 | -3 | 13 | 0 |
| 30 Sep 22 | 23 | -3 | 13 | 0 |
| 30 Jun 22 | 20 | -4 | 13 | 0 |
| 31 Mar 22 | 18 | -5 | 12 | 0 |
| 31 Dec 21 | 15 | -5 | 11 | 0 |
| 30 Sep 21 | 16 | -4 | 10 | 0 |
| 30 Jun 21 | 17 | -3 | 9 | 0 |
| 31 Mar 21 | 17 | -1 | 8 | 0 |
| 31 Dec 20 | 17 | 1 | 7 | 0 |
Quality Earnings: MDAI is currently unprofitable.
Growing Profit Margin: MDAI is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MDAI is unprofitable, and losses have increased over the past 5 years at a rate of 81.8% per year.
Accelerating Growth: Unable to compare MDAI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MDAI is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (2.6%).
Return on Equity
High ROE: MDAI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.