Retractable Technologies Past Earnings Performance
Past criteria checks 0/6
Retractable Technologies has been growing earnings at an average annual rate of 6.5%, while the Medical Equipment industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 14.1% per year.
Key information
6.5%
Earnings growth rate
5.9%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | 14.1% |
| Return on equity | -7.1% |
| Net Margin | -16.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Is Retractable Technologies (NYSEMKT:RVP) Using Too Much Debt?
Mar 16
Do Insiders Own Lots Of Shares In Retractable Technologies, Inc. (NYSEMKT:RVP)?
Feb 26Retractable Technologies (NYSEMKT:RVP) Knows How To Allocate Capital Effectively
Feb 08Here's Why I Think Retractable Technologies (NYSEMKT:RVP) Might Deserve Your Attention Today
Jan 12
Here's Why We Don't Think Retractable Technologies's (NYSEMKT:RVP) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 28Does Retractable Technologies (NYSEMKT:RVP) Have A Healthy Balance Sheet?
Dec 14How Should Investors React To Retractable Technologies' (NYSEMKT:RVP) CEO Pay?
Dec 01Revenue & Expenses BreakdownBeta
How Retractable Technologies 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 | 44 | -7 | 20 | 1 |
| 30 Sep 23 | 42 | -11 | 28 | 1 |
| 30 Jun 23 | 55 | -2 | 28 | 0 |
| 31 Mar 23 | 61 | -2 | 28 | 1 |
| 31 Dec 22 | 95 | 5 | 29 | 1 |
| 30 Sep 22 | 142 | 30 | 22 | 1 |
| 30 Jun 22 | 155 | 31 | 22 | 1 |
| 31 Mar 22 | 183 | 45 | 23 | 1 |
| 31 Dec 21 | 188 | 56 | 22 | 1 |
| 30 Sep 21 | 161 | 47 | 20 | 1 |
| 30 Jun 21 | 152 | 51 | 18 | 1 |
| 31 Mar 21 | 121 | 44 | 14 | 1 |
| 31 Dec 20 | 82 | 27 | 12 | 1 |
| 30 Sep 20 | 62 | 16 | 12 | 1 |
| 30 Jun 20 | 47 | 6 | 11 | 1 |
| 31 Mar 20 | 45 | 3 | 11 | 1 |
| 31 Dec 19 | 42 | 2 | 11 | 1 |
| 30 Sep 19 | 37 | 0 | 10 | 1 |
| 30 Jun 19 | 36 | -1 | 10 | 1 |
| 31 Mar 19 | 34 | -2 | 11 | 1 |
| 31 Dec 18 | 33 | -2 | 11 | 1 |
| 30 Sep 18 | 35 | -3 | 12 | 1 |
| 30 Jun 18 | 35 | -3 | 12 | 1 |
| 31 Mar 18 | 35 | -3 | 13 | 1 |
| 31 Dec 17 | 34 | -4 | 13 | 1 |
| 30 Sep 17 | 32 | -5 | 13 | 1 |
| 30 Jun 17 | 31 | -5 | 13 | 1 |
| 31 Mar 17 | 31 | -5 | 13 | 1 |
| 31 Dec 16 | 30 | -4 | 13 | 1 |
| 30 Sep 16 | 29 | -1 | 12 | 1 |
| 30 Jun 16 | 30 | -1 | 12 | 1 |
| 31 Mar 16 | 29 | 6 | 13 | 1 |
| 31 Dec 15 | 30 | 6 | 13 | 1 |
| 30 Sep 15 | 32 | 5 | 14 | 1 |
| 30 Jun 15 | 34 | 6 | 14 | 1 |
| 31 Mar 15 | 34 | -2 | 13 | 1 |
| 31 Dec 14 | 34 | -3 | 14 | 1 |
| 30 Sep 14 | 31 | -5 | 14 | 1 |
| 30 Jun 14 | 29 | -7 | 14 | 1 |
| 31 Mar 14 | 29 | -8 | 15 | 1 |
| 31 Dec 13 | 30 | -7 | 15 | 1 |
| 30 Sep 13 | 31 | -8 | 16 | 1 |
| 30 Jun 13 | 32 | -8 | 15 | 1 |
Quality Earnings: RVP is currently unprofitable.
Growing Profit Margin: RVP is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RVP is unprofitable, but has reduced losses over the past 5 years at a rate of 6.5% per year.
Accelerating Growth: Unable to compare RVP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RVP is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (2.9%).
Return on Equity
High ROE: RVP has a negative Return on Equity (-7.06%), as it is currently unprofitable.