Akerna Past Earnings Performance
Past criteria checks 0/6
Akerna's earnings have been declining at an average annual rate of -32.9%, while the Software industry saw earnings growing at 16.6% annually. Revenues have been growing at an average rate of 4.9% per year.
Key information
-32.9%
Earnings growth rate
22.9%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 4.9% |
| Return on equity | n/a |
| Net Margin | -211.1% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Akerna Corp.'s (NASDAQ:KERN) Revenues Are Not Doing Enough For Some Investors
Oct 19
Akerna announces $5M private placement of convertible redeemable preferred stock
Oct 03Akerna Corp. (NASDAQ:KERN) Analysts Just Slashed This Year's Revenue Estimates By 12%
Aug 14Akerna GAAP EPS of -$0.83, revenue of $6.1M
Aug 10Akerna slashes 48%, prices $10M offering
Jun 30Akerna Corp.: Pot Industry Enabler
Nov 05Is Akerna (NASDAQ:KERN) Using Debt In A Risky Way?
Aug 18Is Akerna (NASDAQ:KERN) Using Debt Sensibly?
May 03The Akerna (NASDAQ:KERN) Share Price Has Gained 14% And Shareholders Are Hoping For More
Mar 10Here's What Akerna Corp.'s (NASDAQ:KERN) Shareholder Ownership Structure Looks Like
Feb 03Integrate Akerna Into Your Cannabis Investment Basket
Feb 02Revenue & Expenses Breakdown
How Akerna 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 23 | 10 | -21 | 9 | 3 |
| 30 Jun 23 | 11 | -24 | 10 | 3 |
| 31 Mar 23 | 12 | -41 | 12 | 4 |
| 31 Dec 22 | 14 | -60 | 14 | 4 |
| 30 Sep 22 | 14 | -64 | 12 | 5 |
| 30 Jun 22 | 16 | -60 | 16 | 6 |
| 31 Mar 22 | 18 | -46 | 15 | 6 |
| 31 Dec 21 | 18 | -31 | 15 | 6 |
| 30 Sep 21 | 18 | -26 | 19 | 6 |
| 30 Jun 21 | 17 | -29 | 16 | 6 |
| 31 Mar 21 | 15 | -28 | 16 | 6 |
| 31 Dec 20 | 14 | -26 | 17 | 5 |
| 30 Sep 20 | 13 | -18 | 20 | 4 |
| 30 Jun 20 | 13 | -14 | 17 | 3 |
| 31 Mar 20 | 13 | -18 | 19 | 6 |
| 31 Dec 19 | 12 | -15 | 16 | 6 |
| 30 Sep 19 | 12 | -13 | 15 | 5 |
| 30 Jun 19 | 11 | -12 | 13 | 6 |
| 31 Mar 19 | 10 | -7 | 9 | 3 |
| 31 Dec 18 | 10 | -4 | 7 | 3 |
| 30 Sep 18 | 10 | -3 | 7 | 3 |
| 30 Jun 18 | 10 | -2 | 7 | 3 |
| 30 Jun 17 | 6 | -7 | 9 | 2 |
Quality Earnings: KERN is currently unprofitable.
Growing Profit Margin: KERN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KERN is unprofitable, and losses have increased over the past 5 years at a rate of 32.9% per year.
Accelerating Growth: Unable to compare KERN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KERN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (5.5%).
Return on Equity
High ROE: KERN'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 | 2024/02/13 01:48 |
| End of Day Share Price | 2024/02/09 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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
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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
Akerna Corp. is covered by 4 analysts. 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 |
|---|---|
| Brian Kinstlinger | Alliance Global Partners |
| Scott Buck | H.C. Wainwright & Co. |
| Eric Martinuzzi | Lake Street Capital Markets, LLC |