Cyngn Past Earnings Performance
Past criteria checks 0/6
Cyngn's earnings have been declining at an average annual rate of -33.5%, while the Software industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 105.9% per year.
Key information
-33.5%
Earnings growth rate
81.7%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 105.9% |
| Return on equity | -290.5% |
| Net Margin | -3,722.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Cyngn (NASDAQ:CYN) Will Have To Spend Its Cash Wisely
Jul 06
Here's Why We're Watching Cyngn's (NASDAQ:CYN) Cash Burn Situation
Mar 22Is Cyngn (NASDAQ:CYN) In A Good Position To Invest In Growth?
Dec 07Cyngn expands DriveMod to electric forklift in deal with building materials manufacturer
Sep 26We're Not Very Worried About Cyngn's (NASDAQ:CYN) Cash Burn Rate
Aug 19Cyngn GAAP EPS of -$0.15, revenue of $0M
Aug 10Cyngn: A Speculative But Potentially Lucrative Play On Industrial Software
May 06Cyngn Looks Overvalued Based On Fundamentals
Apr 27Revenue & Expenses Breakdown
How Cyngn 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 |
|---|---|---|---|---|
| 31 Mar 24 | 1 | -23 | 11 | 13 |
| 31 Dec 23 | 1 | -23 | 11 | 13 |
| 30 Sep 23 | 2 | -23 | 12 | 13 |
| 30 Jun 23 | 2 | -23 | 11 | 12 |
| 31 Mar 23 | 1 | -21 | 11 | 11 |
| 31 Dec 22 | 0 | -19 | 10 | 9 |
| 30 Sep 22 | 0 | -16 | 9 | 9 |
| 30 Jun 22 | 0 | -13 | 7 | 7 |
| 31 Mar 22 | 0 | -10 | 6 | 6 |
| 31 Dec 21 | 0 | -8 | 4 | 5 |
| 30 Sep 21 | 0 | -8 | 4 | 4 |
| 30 Jun 21 | 0 | -8 | 3 | 4 |
| 31 Mar 21 | 0 | -8 | 3 | 5 |
| 31 Dec 20 | 0 | -8 | 3 | 5 |
| 31 Dec 19 | 0 | -9 | 4 | 6 |
Quality Earnings: CYN is currently unprofitable.
Growing Profit Margin: CYN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CYN is unprofitable, and losses have increased over the past 5 years at a rate of 33.5% per year.
Accelerating Growth: Unable to compare CYN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CYN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (23.1%).
Return on Equity
High ROE: CYN has a negative Return on Equity (-290.45%), as it is currently unprofitable.