WORK Medical Technology Group Past Earnings Performance
Past criteria checks 0/6
WORK Medical Technology Group's earnings have been declining at an average annual rate of -65.6%, while the Medical Equipment industry saw earnings growing at 11.5% annually. Revenues have been declining at an average rate of 54.4% per year.
Key information
-65.6%
Earnings growth rate
-53.8%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | -54.4% |
| Return on equity | -10.0% |
| Net Margin | -11.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How WORK Medical Technology Group 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 | 10 | -1 | 4 | 0 |
| 31 Dec 23 | 12 | -1 | 3 | 0 |
| 30 Sep 23 | 14 | 0 | 3 | 0 |
| 30 Jun 23 | 18 | 1 | 4 | 0 |
| 31 Mar 23 | 22 | 2 | 4 | 0 |
| 31 Dec 22 | 21 | 1 | 4 | 0 |
| 30 Sep 22 | 20 | 1 | 4 | 0 |
| 30 Jun 22 | 19 | 2 | 4 | 0 |
| 31 Mar 22 | 19 | 3 | 4 | 0 |
| 31 Dec 21 | 33 | 5 | 4 | 0 |
| 30 Sep 21 | 46 | 6 | 4 | 0 |
| 30 Sep 20 | 53 | 1 | 4 | 1 |
Quality Earnings: WOK is currently unprofitable.
Growing Profit Margin: WOK is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WOK is unprofitable, and losses have increased over the past 5 years at a rate of 65.6% per year.
Accelerating Growth: Unable to compare WOK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WOK is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (7.9%).
Return on Equity
High ROE: WOK has a negative Return on Equity (-10.01%), as it is currently unprofitable.