Luokung Technology Past Earnings Performance
Past criteria checks 0/6
Luokung Technology's earnings have been declining at an average annual rate of -34.1%, while the Interactive Media and Services industry saw earnings growing at 13% annually. Revenues have been growing at an average rate of 26% per year.
Key information
-34.1%
Earnings growth rate
-16.9%
EPS growth rate
| Interactive Media and Services Industry Growth | 6.2% |
| Revenue growth rate | 26.0% |
| Return on equity | n/a |
| Net Margin | -1,771.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Luokung Technology Corp. (NASDAQ:LKCO) Looks Inexpensive After Falling 34% But Perhaps Not Attractive Enough
Nov 01
Not Many Are Piling Into Luokung Technology Corp. (NASDAQ:LKCO) Stock Yet As It Plummets 26%
Apr 26Luokung Technology Corp. (NASDAQ:LKCO) Stock's 30% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jan 17Luokung Technology Corp. (NASDAQ:LKCO) Screens Well But There Might Be A Catch
Sep 22Luokung Technology stock sinks on $8M registered direct offering
Jul 26Luokung Technology gets extension to meet Nasdaq's minimum bid price rule
Jul 07Luokung Technology: A Rising Player In LBS
Dec 07Luokung Technology: The Geely Autonomous Driving Deal Doesn't Put A Dent Into The Bear Case
Jul 24Communications stocks fall for week: CuriosityStream, Roblox take hits, but AMC keeps truckin'
Jun 19Luokung rallies on favorable ruling granting preliminary injuction
May 06Could The Luokung Technology Corp. (NASDAQ:LKCO) Ownership Structure Tell Us Something Useful?
Jan 02
Luokung Technology inks marketing pact with Yiting
Dec 09Luokung and Hainan Broadcasting expands location business services in Hainan
Dec 03Revenue & Expenses Breakdown
How Luokung Technology 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 | 10 | -181 | 81 | 25 |
| 30 Sep 23 | 24 | -113 | 51 | 32 |
| 30 Jun 23 | 37 | -44 | 22 | 39 |
| 31 Mar 23 | 65 | -48 | 23 | 45 |
| 31 Dec 22 | 94 | -53 | 24 | 50 |
| 30 Sep 22 | 132 | -62 | 27 | 54 |
| 30 Jun 22 | 170 | -72 | 29 | 59 |
| 31 Mar 22 | 158 | -70 | 31 | 52 |
| 31 Dec 21 | 145 | -69 | 34 | 45 |
| 30 Sep 21 | 97 | -59 | 35 | 31 |
| 30 Jun 21 | 49 | -49 | 36 | 16 |
| 31 Mar 21 | 34 | -44 | 32 | 13 |
| 31 Dec 20 | 18 | -40 | 28 | 9 |
| 30 Sep 20 | 19 | -40 | 28 | 9 |
| 30 Jun 20 | 20 | -40 | 29 | 9 |
| 31 Mar 20 | 20 | -36 | 28 | 9 |
| 31 Dec 19 | 19 | -32 | 27 | 9 |
| 30 Sep 19 | 16 | -25 | 21 | 8 |
| 30 Jun 19 | 14 | -18 | 15 | 7 |
| 31 Mar 19 | 18 | -15 | 17 | 5 |
| 31 Dec 18 | 21 | -12 | 19 | 3 |
| 31 Dec 17 | 26 | -7 | 26 | 1 |
| 31 Dec 16 | 5 | -13 | 8 | 3 |
Quality Earnings: LKCO is currently unprofitable.
Growing Profit Margin: LKCO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LKCO is unprofitable, and losses have increased over the past 5 years at a rate of 34.1% per year.
Accelerating Growth: Unable to compare LKCO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LKCO is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (21.8%).
Return on Equity
High ROE: LKCO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.