Grom Social Enterprises Past Earnings Performance
Past criteria checks 0/6
Grom Social Enterprises's earnings have been declining at an average annual rate of -25.9%, while the Entertainment industry saw earnings growing at 24.7% annually. Revenues have been declining at an average rate of 14.8% per year.
Key information
-25.9%
Earnings growth rate
93.7%
EPS growth rate
| Entertainment Industry Growth | 18.1% |
| Revenue growth rate | -14.8% |
| Return on equity | -107.7% |
| Net Margin | -406.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Revenue & Expenses Breakdown
How Grom Social Enterprises 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 Mar 24 | 4 | -15 | 9 | 0 |
| 31 Dec 23 | 4 | -13 | 9 | 0 |
| 30 Sep 23 | 5 | -15 | 9 | 0 |
| 30 Jun 23 | 5 | -15 | 9 | 0 |
| 31 Mar 23 | 5 | -16 | 9 | 0 |
| 31 Dec 22 | 5 | -17 | 9 | 0 |
| 30 Sep 22 | 5 | -13 | 9 | 0 |
| 30 Jun 22 | 5 | -13 | 10 | 0 |
| 31 Mar 22 | 6 | -12 | 9 | 0 |
| 31 Dec 21 | 6 | -11 | 9 | 0 |
| 30 Sep 21 | 6 | -8 | 7 | 0 |
| 30 Jun 21 | 6 | -9 | 6 | 0 |
| 31 Mar 21 | 7 | -7 | 5 | 0 |
| 31 Dec 20 | 6 | -6 | 5 | 0 |
| 30 Sep 20 | 6 | -6 | 5 | 0 |
| 30 Jun 20 | 7 | -4 | 6 | 0 |
| 31 Mar 20 | 8 | -4 | 6 | 0 |
| 31 Dec 19 | 8 | -5 | 6 | 0 |
| 30 Sep 19 | 9 | -6 | 7 | 0 |
| 30 Jun 19 | 9 | -6 | 7 | 0 |
| 31 Mar 19 | 9 | -6 | 8 | 0 |
| 31 Dec 18 | 9 | -5 | 8 | 0 |
| 30 Sep 18 | 8 | -4 | 7 | 0 |
| 30 Jun 18 | 8 | -4 | 8 | 0 |
| 31 Mar 18 | 8 | -4 | 7 | 0 |
| 31 Dec 17 | 8 | -6 | 9 | 0 |
| 30 Sep 17 | 8 | -6 | 10 | 0 |
| 30 Jun 17 | 7 | -10 | 13 | 0 |
| 31 Mar 17 | 6 | -11 | 14 | 0 |
| 31 Dec 16 | 4 | -11 | 12 | 0 |
Quality Earnings: GROM is currently unprofitable.
Growing Profit Margin: GROM is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GROM is unprofitable, and losses have increased over the past 5 years at a rate of 25.9% per year.
Accelerating Growth: Unable to compare GROM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GROM is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-6%).
Return on Equity
High ROE: GROM has a negative Return on Equity (-107.7%), as it is currently unprofitable.