Abits Group Past Earnings Performance

Past criteria checks 0/6

Abits Group's earnings have been declining at an average annual rate of -53.4%, while the Software industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 47.5% per year.

Key information

-53.4%

Earnings growth rate

-49.8%

EPS growth rate

Software Industry Growth17.3%
Revenue growth rate47.5%
Return on equity-80.6%
Net Margin-170.2%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

We're Keeping An Eye On Abits Group's (NASDAQ:ABTS) Cash Burn Rate

Mar 07
We're Keeping An Eye On Abits Group's (NASDAQ:ABTS) Cash Burn Rate

Is Moxian (BVI) (NASDAQ:MOXC) In A Good Position To Invest In Growth?

Nov 12
Is Moxian (BVI) (NASDAQ:MOXC) In A Good Position To Invest In Growth?

Moxian to divest Chinese unit amid uncertainty over govt tightening control over gaming

Aug 15

This Is Why We Think Moxian, Inc.'s (NASDAQ:MOXC) CEO Might Get A Pay Rise Approved By Shareholders

Jun 18
This Is Why We Think Moxian, Inc.'s (NASDAQ:MOXC) CEO Might Get A Pay Rise Approved By Shareholders

Revenue & Expenses Breakdown

How Abits Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:ABTS Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 245-920
31 Mar 244-1120
31 Dec 232-1310
30 Sep 231-1820
30 Jun 230-2420
31 Mar 230-2320
31 Dec 220-2220
30 Sep 220-1210
30 Jun 220-200
31 Mar 220-210
31 Dec 210-310
30 Jun 211-210
31 Mar 211-230
31 Dec 200-220
30 Sep 201010
30 Jun 201010
31 Mar 201010
31 Dec 191110
30 Sep 190010
30 Jun 190-321
31 Mar 190-532
31 Dec 180-752
30 Sep 180-962
30 Jun 180-861
31 Mar 180-871
31 Dec 170-1372
30 Sep 170-1472
30 Jun 170-1562
31 Mar 170-1772
31 Dec 160-1462
30 Sep 160-1463
30 Jun 160-1163
31 Mar 160-1053
31 Dec 150-842
30 Sep 150-642
30 Jun 150-841
31 Mar 150-731
31 Dec 140-630
30 Sep 140-520
30 Jun 140-110
31 Mar 140000

Quality Earnings: ABTS is currently unprofitable.

Growing Profit Margin: ABTS is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ABTS is unprofitable, and losses have increased over the past 5 years at a rate of 53.4% per year.

Accelerating Growth: Unable to compare ABTS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ABTS is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (26.4%).


Return on Equity

High ROE: ABTS has a negative Return on Equity (-80.63%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies