Eightco Holdings Past Earnings Performance
Past criteria checks 0/6
Eightco Holdings's earnings have been declining at an average annual rate of -90%, while the Packaging industry saw earnings growing at 10.6% annually. Revenues have been growing at an average rate of 88.4% per year.
Key information
-90.0%
Earnings growth rate
84.3%
EPS growth rate
| Packaging Industry Growth | 12.0% |
| Revenue growth rate | 88.4% |
| Return on equity | n/a |
| Net Margin | -90.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Eightco Holdings 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 | 75 | -68 | 16 | 0 |
| 30 Sep 23 | 76 | -70 | 20 | 0 |
| 30 Jun 23 | 57 | -102 | 21 | 0 |
| 31 Mar 23 | 44 | -96 | 20 | 0 |
| 31 Dec 22 | 32 | -47 | 16 | 0 |
| 30 Sep 22 | 18 | -40 | 12 | 0 |
| 30 Jun 22 | 15 | -4 | 8 | 0 |
| 31 Mar 22 | 10 | -1 | 4 | 0 |
| 31 Dec 21 | 8 | 0 | 3 | 0 |
| 30 Sep 21 | 7 | 1 | 2 | 0 |
| 30 Jun 21 | 7 | 0 | 2 | 0 |
| 31 Mar 21 | 7 | 0 | 2 | 0 |
| 31 Dec 20 | 7 | 0 | 2 | 0 |
| 31 Dec 19 | 6 | 0 | 2 | 0 |
Quality Earnings: OCTO is currently unprofitable.
Growing Profit Margin: OCTO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OCTO is unprofitable, and losses have increased over the past 5 years at a rate of 90% per year.
Accelerating Growth: Unable to compare OCTO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OCTO is unprofitable, making it difficult to compare its past year earnings growth to the Packaging industry (-22%).
Return on Equity
High ROE: OCTO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.