Galecto Past Earnings Performance
Past criteria checks 0/6
Galecto has been growing earnings at an average annual rate of 5%, while the Biotechs industry saw earnings growing at 19.1% annually.
Key information
5.0%
Earnings growth rate
90.1%
EPS growth rate
| Biotechs Industry Growth | 17.0% |
| Revenue growth rate | n/a |
| Return on equity | -101.1% |
| Net Margin | n/a |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
Is Galecto (NASDAQ:GLTO) In A Good Position To Invest In Growth?
Jan 10
Here's Why Galecto (NASDAQ:GLTO) Must Use Its Cash Wisely
May 17Will Galecto (NASDAQ:GLTO) Spend Its Cash Wisely?
Feb 01Galecto’s GB1211 to be studied for phase 2 trial in combination with pembrolizumab to treat cancer
Oct 19Here's Why We're Watching Galecto's (NASDAQ:GLTO) Cash Burn Situation
Oct 19Galecto GAAP EPS of -$0.67 beats by $0.02
Jul 29We're Keeping An Eye On Galecto's (NASDAQ:GLTO) Cash Burn Rate
Jun 30Is Galecto (NASDAQ:GLTO) In A Good Position To Deliver On Growth Plans?
Mar 10Galecto: Selling At Cash Value
Dec 19We're Keeping An Eye On Galecto's (NASDAQ:GLTO) Cash Burn Rate
Nov 18Here's Why We're Watching Galecto's (NASDAQ:GLTO) Cash Burn Situation
Jul 07Galecto EPS misses by $0.07
May 04We Think Galecto (NASDAQ:GLTO) Can Afford To Drive Business Growth
Mar 23Do Institutions Own Galecto, Inc. (NASDAQ:GLTO) Shares?
Jan 29
Galecto EPS misses by $41.65
Dec 11Revenue & Expenses Breakdown
How Galecto 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 | -21 | 12 | 8 |
| 30 Jun 24 | 0 | -25 | 13 | 10 |
| 31 Mar 24 | 0 | -31 | 13 | 16 |
| 31 Dec 23 | 0 | -38 | 13 | 24 |
| 30 Sep 23 | 0 | -46 | 12 | 32 |
| 30 Jun 23 | 0 | -52 | 12 | 40 |
| 31 Mar 23 | 0 | -58 | 12 | 45 |
| 31 Dec 22 | 0 | -62 | 13 | 48 |
| 30 Sep 22 | 0 | -61 | 14 | 48 |
| 30 Jun 22 | 0 | -60 | 14 | 47 |
| 31 Mar 22 | 0 | -55 | 14 | 42 |
| 31 Dec 21 | 0 | -52 | 14 | 38 |
| 30 Sep 21 | 0 | -42 | 14 | 36 |
| 30 Jun 21 | 0 | -44 | 13 | 34 |
| 31 Mar 21 | 0 | -43 | 11 | 30 |
| 31 Dec 20 | 0 | -35 | 9 | 25 |
| 30 Sep 20 | 0 | -57 | 6 | 25 |
| 30 Jun 20 | 0 | -48 | 4 | 21 |
| 31 Mar 20 | 0 | -42 | 3 | 20 |
| 31 Dec 19 | 0 | -42 | 2 | 20 |
Quality Earnings: GLTO is currently unprofitable.
Growing Profit Margin: GLTO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GLTO is unprofitable, but has reduced losses over the past 5 years at a rate of 5% per year.
Accelerating Growth: Unable to compare GLTO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GLTO is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (16.6%).
Return on Equity
High ROE: GLTO has a negative Return on Equity (-101.14%), as it is currently unprofitable.