Precision Optics Corporation Past Earnings Performance
Past criteria checks 0/6
Precision Optics has been growing earnings at an average annual rate of 6.9%, while the Medical Equipment industry saw earnings growing at 13.4% annually. Revenues have been growing at an average rate of 25.3% per year.
Key information
6.9%
Earnings growth rate
15.0%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | 25.3% |
| Return on equity | -15.2% |
| Net Margin | -8.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Precision Optics Corporation 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 Dec 23 | 19 | -2 | 8 | 1 |
| 30 Sep 23 | 20 | 0 | 8 | 1 |
| 30 Jun 23 | 21 | 0 | 7 | 1 |
| 31 Mar 23 | 21 | 0 | 7 | 1 |
| 31 Dec 22 | 20 | 1 | 7 | 1 |
| 30 Sep 22 | 18 | -1 | 6 | 1 |
| 30 Jun 22 | 16 | -1 | 6 | 1 |
| 31 Mar 22 | 14 | -2 | 5 | 1 |
| 31 Dec 21 | 11 | -1 | 4 | 1 |
| 30 Sep 21 | 10 | -1 | 4 | 1 |
| 30 Jun 21 | 11 | 0 | 4 | 1 |
| 31 Mar 21 | 10 | 0 | 3 | 1 |
| 31 Dec 20 | 10 | -1 | 3 | 1 |
| 30 Sep 20 | 10 | -1 | 4 | 1 |
| 30 Jun 20 | 10 | -1 | 4 | 1 |
| 31 Mar 20 | 10 | -1 | 4 | 1 |
| 31 Dec 19 | 9 | -1 | 3 | 1 |
| 30 Sep 19 | 8 | 0 | 2 | 1 |
| 30 Jun 19 | 7 | -1 | 2 | 1 |
| 31 Mar 19 | 6 | 0 | 2 | 0 |
| 31 Dec 18 | 5 | -1 | 2 | 0 |
| 30 Sep 18 | 5 | -1 | 2 | 0 |
| 30 Jun 18 | 4 | 0 | 1 | 0 |
| 31 Mar 18 | 3 | -1 | 1 | 0 |
| 31 Dec 17 | 4 | 0 | 1 | 0 |
| 30 Sep 17 | 3 | -1 | 1 | 0 |
| 30 Jun 17 | 3 | -1 | 1 | 0 |
| 31 Mar 17 | 3 | -1 | 1 | 0 |
| 31 Dec 16 | 4 | -1 | 1 | 0 |
| 30 Sep 16 | 4 | -1 | 2 | 0 |
| 30 Jun 16 | 4 | -1 | 2 | 0 |
| 31 Mar 16 | 4 | -1 | 2 | 1 |
| 31 Dec 15 | 4 | -1 | 2 | 1 |
| 30 Sep 15 | 4 | -1 | 2 | 1 |
| 30 Jun 15 | 4 | -1 | 2 | 0 |
| 31 Mar 15 | 4 | -1 | 1 | 0 |
| 31 Dec 14 | 4 | -1 | 1 | 0 |
| 30 Sep 14 | 4 | -1 | 2 | 0 |
| 30 Jun 14 | 4 | -1 | 2 | 0 |
| 31 Mar 14 | 4 | -1 | 2 | 0 |
| 31 Dec 13 | 3 | -1 | 1 | 0 |
| 30 Sep 13 | 3 | -2 | 1 | 1 |
| 30 Jun 13 | 3 | -2 | 1 | 1 |
Quality Earnings: POCI is currently unprofitable.
Growing Profit Margin: POCI is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: POCI is unprofitable, but has reduced losses over the past 5 years at a rate of 6.9% per year.
Accelerating Growth: Unable to compare POCI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: POCI is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (6.3%).
Return on Equity
High ROE: POCI has a negative Return on Equity (-15.18%), as it is currently unprofitable.