Asset Entities Past Earnings Performance
Past criteria checks 0/6
Asset Entities's earnings have been declining at an average annual rate of -83.8%, while the Media industry saw earnings growing at 5.9% annually. Revenues have been declining at an average rate of 32.3% per year.
Key information
-83.8%
Earnings growth rate
-90.1%
EPS growth rate
| Media Industry Growth | 13.2% |
| Revenue growth rate | -32.3% |
| Return on equity | -256.1% |
| Net Margin | -1,153.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Asset Entities 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 |
|---|---|---|---|---|
| 30 Sep 24 | 1 | -6 | 6 | 0 |
| 30 Jun 24 | 0 | -6 | 6 | 0 |
| 31 Mar 24 | 0 | -5 | 5 | 0 |
| 31 Dec 23 | 0 | -5 | 5 | 0 |
| 30 Sep 23 | 0 | -4 | 4 | 0 |
| 30 Jun 23 | 0 | -3 | 3 | 0 |
| 31 Mar 23 | 0 | -2 | 2 | 0 |
| 31 Dec 22 | 0 | -1 | 1 | 0 |
| 30 Sep 22 | 1 | 0 | 1 | 0 |
| 30 Jun 22 | 1 | 0 | 1 | 0 |
| 31 Mar 22 | 1 | 0 | 1 | 0 |
| 31 Dec 21 | 1 | 0 | 1 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
Quality Earnings: ASST is currently unprofitable.
Growing Profit Margin: ASST is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ASST is unprofitable, and losses have increased over the past 5 years at a rate of 83.8% per year.
Accelerating Growth: Unable to compare ASST's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ASST is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (32.9%).
Return on Equity
High ROE: ASST has a negative Return on Equity (-256.14%), as it is currently unprofitable.