Qualigen Therapeutics Past Earnings Performance
Past criteria checks 0/6
Qualigen Therapeutics has been growing earnings at an average annual rate of 5%, while the Biotechs industry saw earnings growing at 19.3% annually. Revenues have been declining at an average rate of 52.9% per year.
Key information
5.0%
Earnings growth rate
45.7%
EPS growth rate
| Biotechs Industry Growth | 17.0% |
| Revenue growth rate | -52.9% |
| Return on equity | n/a |
| Net Margin | n/a |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Qualigen Therapeutics GAAP EPS of -$0.11 beats by $0.06, revenue of $1.4M beats by $0.05M
Aug 16Qualigen Therapeutics files mixed shelf offering of up to $150M
Jul 29Qualigen partners Hande Sciences to support its application enabling studies for QN-302
Jul 06Can Qualigen Therapeutics (NASDAQ:QLGN) Afford To Invest In Growth?
Mar 08
We're A Little Worried About Qualigen Therapeutics' (NASDAQ:QLGN) Cash Burn Rate
Nov 23Revenue & Expenses Breakdown
How Qualigen Therapeutics 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 | 4 | 0 |
| 30 Jun 24 | 0 | -9 | 4 | 0 |
| 31 Mar 24 | 0 | -11 | 6 | 0 |
| 31 Dec 23 | 0 | -12 | 6 | 0 |
| 30 Sep 23 | 0 | -14 | 8 | 0 |
| 30 Jun 23 | -2 | -12 | 8 | 0 |
| 31 Mar 23 | -1 | -13 | 9 | 0 |
| 31 Dec 22 | 0 | -14 | 10 | 0 |
| 30 Sep 22 | 1 | -15 | 11 | 0 |
| 30 Jun 22 | 5 | -16 | 12 | 0 |
| 31 Mar 22 | 4 | -17 | 12 | 0 |
| 31 Dec 21 | 6 | -18 | 12 | 0 |
| 30 Sep 21 | 5 | -7 | 12 | 0 |
| 30 Jun 21 | 5 | -12 | 11 | 0 |
| 31 Mar 21 | 5 | -25 | 10 | 0 |
| 31 Dec 20 | 4 | -20 | 8 | 0 |
| 30 Sep 20 | 5 | -28 | 6 | 0 |
| 30 Jun 20 | 5 | -20 | 4 | 0 |
| 31 Mar 20 | 6 | -2 | 2 | 0 |
| 31 Dec 19 | 5 | -1 | 1 | 0 |
| 31 Mar 19 | 6 | -1 | 1 | 0 |
| 31 Mar 18 | 10 | 0 | 2 | 0 |
Quality Earnings: QLGN is currently unprofitable.
Growing Profit Margin: QLGN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: QLGN is unprofitable, but has reduced losses over the past 5 years at a rate of 5% per year.
Accelerating Growth: Unable to compare QLGN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QLGN is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (20%).
Return on Equity
High ROE: QLGN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
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 | 2025/02/02 03:28 |
| 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Qualigen Therapeutics, Inc. is covered by 2 analysts. 0 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 |
|---|---|
| James Molloy | Alliance Global Partners |
| David Bautz | Zacks Small-Cap Research |