Medical Care Technologies Past Earnings Performance
Past criteria checks 0/6
Medical Care Technologies's earnings have been declining at an average annual rate of -126.6%, while the Healthcare industry saw earnings growing at 5.3% annually. Revenues have been declining at an average rate of 77.9% per year.
Key information
-126.6%
Earnings growth rate
-107.0%
EPS growth rate
| Healthcare Industry Growth | 8.5% |
| Revenue growth rate | -77.9% |
| Return on equity | -16.3% |
| Net Margin | -31.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Medical Care 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 Mar 24 | 1 | 0 | 0 | 0 |
| 31 Dec 23 | 1 | 0 | 0 | 0 |
| 31 Dec 22 | 3 | 1 | 0 | 0 |
Quality Earnings: MDCE is currently unprofitable.
Growing Profit Margin: MDCE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if MDCE's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare MDCE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MDCE is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (10.3%).
Return on Equity
High ROE: MDCE has a negative Return on Equity (-16.26%), as it is currently unprofitable.