Harrow Past Earnings Performance
Past criteria checks 0/6
Harrow's earnings have been declining at an average annual rate of -36.2%, while the Pharmaceuticals industry saw earnings growing at 1.2% annually. Revenues have been growing at an average rate of 26.7% per year.
Key information
-36.2%
Earnings growth rate
-30.8%
EPS growth rate
| Pharmaceuticals Industry Growth | 6.0% |
| Revenue growth rate | 26.7% |
| Return on equity | -58.0% |
| Net Margin | -19.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Harrow: The Triesence Relaunch
Dec 14Harrow: Spotlight On IHEEZO
Nov 16Harrow's Focus - Reviving Old Drugs In A Crowded Market
Oct 02Harrow: 3 Business Models, One Mission
Sep 10Borrowing Cash To Burn It: The Curious Case Of Harrow
Aug 21Harrow: The Bull Thesis Is On Track, But Short-Term Challenges Loom
May 02Harrow's Drug Iheezo Is Off To A Great Start
Feb 19Harrow: Temporary Disruption In Stock Price Creates Excellent Opportunity
Jan 30Harrow sells non‑ophthalmic compounding business, terms undisclosed
Oct 05Harrow Health soars ~27% on FDA nod of anesthesia gel for the surface of the eye
Sep 27SRK Capital - Harrow Health: Market Missing The Forest For The Trees
Aug 19These 4 Measures Indicate That Harrow Health (NASDAQ:HROW) Is Using Debt Extensively
Aug 11
Buy Deep Moated, Fast Growing, Superbly Managed Harrow Health Ahead Of New Product Launch
May 23Does Harrow Health (NASDAQ:HROW) Have A Healthy Balance Sheet?
May 12Is Harrow Health (NASDAQ:HROW) A Risky Investment?
Dec 15Does Harrow Health (NASDAQ:HROW) Have A Healthy Balance Sheet?
Aug 24Revenue & Expenses Breakdown
How Harrow 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 | 169 | -33 | 120 | 11 |
| 30 Jun 24 | 154 | -34 | 108 | 10 |
| 31 Mar 24 | 139 | -31 | 96 | 8 |
| 31 Dec 23 | 130 | -24 | 83 | 7 |
| 30 Sep 23 | 114 | -14 | 72 | 4 |
| 30 Jun 23 | 103 | -16 | 67 | 3 |
| 31 Mar 23 | 93 | -18 | 61 | 3 |
| 31 Dec 22 | 89 | -14 | 58 | 3 |
| 30 Sep 22 | 88 | -23 | 54 | 6 |
| 30 Jun 22 | 84 | -24 | 50 | 12 |
| 31 Mar 22 | 79 | -21 | 45 | 11 |
| 31 Dec 21 | 72 | -18 | 40 | 11 |
| 30 Sep 21 | 67 | -10 | 36 | 8 |
| 30 Jun 21 | 63 | 7 | 33 | 2 |
| 31 Mar 21 | 52 | 10 | 31 | 3 |
| 31 Dec 20 | 49 | -3 | 31 | 2 |
| 30 Sep 20 | 47 | -2 | 31 | 2 |
| 30 Jun 20 | 45 | -22 | 32 | 2 |
| 31 Mar 20 | 51 | -24 | 33 | 2 |
| 31 Dec 19 | 51 | 0 | 33 | 2 |
| 30 Sep 19 | 50 | 16 | 34 | 2 |
| 30 Jun 19 | 48 | 25 | 32 | 2 |
| 31 Mar 19 | 45 | 29 | 31 | 1 |
| 31 Dec 18 | 41 | 15 | 29 | 1 |
| 30 Sep 18 | 37 | -6 | 26 | 0 |
| 30 Jun 18 | 33 | -9 | 25 | 0 |
| 31 Mar 18 | 30 | -10 | 25 | 0 |
| 31 Dec 17 | 27 | -12 | 25 | 0 |
| 30 Sep 17 | 25 | -15 | 25 | 1 |
| 30 Jun 17 | 24 | -13 | 26 | 1 |
| 31 Mar 17 | 22 | -20 | 26 | 1 |
| 31 Dec 16 | 20 | -19 | 25 | 1 |
| 30 Sep 16 | 18 | -18 | 25 | 0 |
| 30 Jun 16 | 15 | -18 | 24 | 0 |
| 31 Mar 16 | 13 | -17 | 21 | 0 |
| 31 Dec 15 | 10 | -16 | 19 | 0 |
| 30 Sep 15 | 7 | -14 | 16 | 0 |
| 30 Jun 15 | 5 | -12 | 13 | 0 |
| 31 Mar 15 | 3 | -11 | 12 | 0 |
| 31 Dec 14 | 2 | -10 | 10 | 0 |
| 30 Sep 14 | 1 | -9 | 10 | 0 |
| 30 Jun 14 | 1 | -9 | 9 | 1 |
| 31 Mar 14 | 0 | -9 | 7 | 1 |
Quality Earnings: HROW is currently unprofitable.
Growing Profit Margin: HROW is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HROW is unprofitable, and losses have increased over the past 5 years at a rate of 36.2% per year.
Accelerating Growth: Unable to compare HROW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HROW is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (42%).
Return on Equity
High ROE: HROW has a negative Return on Equity (-57.98%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 07:43 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Harrow, Inc. is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mayank Mamtani | B. Riley Securities, Inc. |
| Chase Knickerbocker | Craig-Hallum Capital Group LLC |
| Matthew Hewitt | Craig-Hallum Capital Group LLC |