Infobird Past Earnings Performance
Past criteria checks 0/6
Infobird's earnings have been declining at an average annual rate of -72.8%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been declining at an average rate of 43.1% per year.
Key information
-72.8%
Earnings growth rate
n/a
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | -43.1% |
| Return on equity | -244.4% |
| Net Margin | -271.2% |
| Last Earnings Update | 30 Jun 2023 |
Revenue & Expenses BreakdownBeta
How Infobird 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 Jun 23 | 6 | -15 | 11 | 3 |
| 31 Mar 23 | 6 | -15 | 11 | 3 |
| 31 Dec 22 | 6 | -15 | 10 | 3 |
| 30 Sep 22 | 4 | -9 | 6 | 1 |
| 30 Jun 22 | 5 | -9 | 7 | 2 |
| 31 Mar 22 | 7 | -11 | 8 | 2 |
| 31 Dec 21 | 10 | -14 | 10 | 3 |
| 30 Sep 21 | 11 | -9 | 7 | 3 |
| 30 Jun 21 | 13 | -3 | 5 | 3 |
| 31 Mar 21 | 14 | 0 | 4 | 2 |
| 31 Dec 20 | 15 | 4 | 4 | 2 |
| 30 Sep 20 | 15 | 4 | 3 | 1 |
| 30 Jun 20 | 15 | 5 | 3 | 1 |
| 31 Mar 20 | 17 | 5 | 3 | 1 |
| 31 Dec 19 | 18 | 5 | 3 | 1 |
| 31 Dec 18 | 19 | 3 | 3 | 3 |
Quality Earnings: IFBD is currently unprofitable.
Growing Profit Margin: IFBD is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IFBD is unprofitable, and losses have increased over the past 5 years at a rate of 72.8% per year.
Accelerating Growth: Unable to compare IFBD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IFBD is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.5%).
Return on Equity
High ROE: IFBD has a negative Return on Equity (-244.36%), as it is currently unprofitable.