Cardio Diagnostics Holdings Past Earnings Performance
Past criteria checks 0/6
Cardio Diagnostics Holdings's earnings have been declining at an average annual rate of -59.1%, while the Biotechs industry saw earnings growing at 19.3% annually. Revenues have been growing at an average rate of 123.1% per year.
Key information
-59.1%
Earnings growth rate
-5.6%
EPS growth rate
| Biotechs Industry Growth | 17.0% |
| Revenue growth rate | 123.1% |
| Return on equity | -223.9% |
| Net Margin | -23,125.6% |
| Last Earnings Update | 30 Sep 2024 |
Revenue & Expenses Breakdown
How Cardio Diagnostics 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 |
|---|---|---|---|---|
| 30 Sep 24 | 0 | -8 | 8 | 0 |
| 30 Jun 24 | 0 | -9 | 8 | 0 |
| 31 Mar 24 | 0 | -12 | 10 | 0 |
| 31 Dec 23 | 0 | -8 | 7 | 0 |
| 30 Sep 23 | 0 | -9 | 8 | 0 |
| 30 Jun 23 | 0 | -9 | 8 | 0 |
| 31 Mar 23 | 0 | -5 | 6 | 0 |
| 31 Dec 22 | 0 | -5 | 4 | 0 |
| 30 Sep 22 | 0 | -2 | 2 | 0 |
| 30 Jun 22 | 0 | -2 | 1 | 0 |
| 31 Mar 22 | 0 | -1 | 1 | 0 |
| 31 Dec 21 | 0 | -1 | 1 | 0 |
Quality Earnings: CDIO is currently unprofitable.
Growing Profit Margin: CDIO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CDIO is unprofitable, and losses have increased over the past 5 years at a rate of 59.1% per year.
Accelerating Growth: Unable to compare CDIO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CDIO is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (16.6%).
Return on Equity
High ROE: CDIO has a negative Return on Equity (-223.89%), as it is currently unprofitable.