Glass House Brands Past Earnings Performance
Past criteria checks 0/6
Glass House Brands's earnings have been declining at an average annual rate of -44.6%, while the Personal Products industry saw earnings growing at 12% annually. Revenues have been growing at an average rate of 36.8% per year.
Key information
-44.6%
Earnings growth rate
-25.0%
EPS growth rate
| Personal Products Industry Growth | 20.9% |
| Revenue growth rate | 36.8% |
| Return on equity | -67.5% |
| Net Margin | -72.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Glass House Brands 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 | 161 | -117 | 63 | 0 |
| 30 Sep 23 | 154 | -100 | 64 | 0 |
| 30 Jun 23 | 134 | -91 | 61 | 0 |
| 31 Mar 23 | 106 | -78 | 58 | 0 |
| 31 Dec 22 | 85 | -53 | 57 | 0 |
| 30 Sep 22 | 77 | -52 | 57 | 0 |
| 30 Jun 22 | 66 | -64 | 53 | 0 |
| 31 Mar 22 | 68 | -53 | 47 | 0 |
| 31 Dec 21 | 69 | -46 | 41 | 0 |
| 30 Sep 21 | 68 | -31 | 31 | 0 |
| 30 Jun 21 | 64 | -26 | 26 | 0 |
| 31 Mar 21 | 57 | -25 | 23 | 0 |
| 31 Dec 20 | 48 | -17 | 22 | 0 |
| 31 Dec 19 | 17 | -10 | 15 | 0 |
| 31 Dec 18 | 9 | -2 | 5 | 0 |
Quality Earnings: GLAS.F is currently unprofitable.
Growing Profit Margin: GLAS.F is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GLAS.F is unprofitable, and losses have increased over the past 5 years at a rate of 44.6% per year.
Accelerating Growth: Unable to compare GLAS.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GLAS.F is unprofitable, making it difficult to compare its past year earnings growth to the Personal Products industry (3.4%).
Return on Equity
High ROE: GLAS.F has a negative Return on Equity (-67.52%), as it is currently unprofitable.