Tivic Health Systems Past Earnings Performance
Past criteria checks 0/6
Tivic Health Systems's earnings have been declining at an average annual rate of -18.7%, while the Medical Equipment industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 2.8% per year.
Key information
-18.7%
Earnings growth rate
41.5%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | 2.8% |
| Return on equity | -353.4% |
| Net Margin | -671.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Tivic Health Systems 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 | 1 | -8 | 7 | 1 |
| 31 Dec 23 | 1 | -8 | 7 | 2 |
| 30 Sep 23 | 1 | -8 | 7 | 2 |
| 30 Jun 23 | 1 | -9 | 8 | 2 |
| 31 Mar 23 | 2 | -10 | 8 | 2 |
| 31 Dec 22 | 2 | -10 | 9 | 2 |
| 30 Sep 22 | 2 | -12 | 9 | 2 |
| 30 Jun 22 | 2 | -11 | 8 | 1 |
| 31 Mar 22 | 1 | -9 | 6 | 1 |
| 31 Dec 21 | 1 | -8 | 5 | 1 |
| 30 Sep 21 | 1 | -6 | 3 | 1 |
| 30 Jun 21 | 1 | -5 | 3 | 1 |
| 31 Mar 21 | 1 | -4 | 2 | 1 |
| 31 Dec 20 | 1 | -4 | 2 | 1 |
| 31 Dec 19 | 0 | -4 | 2 | 1 |
Quality Earnings: TIVC is currently unprofitable.
Growing Profit Margin: TIVC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TIVC is unprofitable, and losses have increased over the past 5 years at a rate of 18.7% per year.
Accelerating Growth: Unable to compare TIVC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TIVC is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (2.6%).
Return on Equity
High ROE: TIVC has a negative Return on Equity (-353.41%), as it is currently unprofitable.