Asset Entities Past Earnings Performance
Past criteria checks 0/6
Asset Entities's earnings have been declining at an average annual rate of -114.1%, while the Media industry saw earnings growing at 11.6% annually. Revenues have been declining at an average rate of 21.5% per year.
Key information
-114.1%
Earnings growth rate
-476.9%
EPS growth rate
| Media Industry Growth | 13.2% |
| Revenue growth rate | -21.5% |
| Return on equity | -168.7% |
| Net Margin | -1,780.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 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: Insufficient data to determine if ASST's year-on-year earnings growth rate was positive over the past 5 years.
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 (3.2%).
Return on Equity
High ROE: ASST has a negative Return on Equity (-168.74%), as it is currently unprofitable.