MicroAlgo Past Earnings Performance

Past criteria checks 0/6

MicroAlgo's earnings have been declining at an average annual rate of -86.6%, while the IT industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 2.8% per year.

Key information

-86.6%

Earnings growth rate

-83.2%

EPS growth rate

IT Industry Growth22.4%
Revenue growth rate2.8%
Return on equity-36.7%
Net Margin-35.4%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Investors Give MicroAlgo Inc. (NASDAQ:MLGO) Shares A 42% Hiding

Jul 19
Investors Give MicroAlgo Inc. (NASDAQ:MLGO) Shares A 42% Hiding

Slammed 30% MicroAlgo Inc. (NASDAQ:MLGO) Screens Well Here But There Might Be A Catch

May 31
Slammed 30% MicroAlgo Inc. (NASDAQ:MLGO) Screens Well Here But There Might Be A Catch

MicroAlgo (NASDAQ:MLGO) Will Want To Turn Around Its Return Trends

Jan 09
MicroAlgo (NASDAQ:MLGO) Will Want To Turn Around Its Return Trends

Revenue & Expenses Breakdown

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


Earnings and Revenue History

NasdaqCM:MLGO Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 24607-215145145
31 Mar 24596-251142161
31 Dec 23580-268145161
30 Jun 23504-9932146
31 Mar 23560-6240110
31 Dec 22586-473894
30 Sep 2262313396
30 Jun 22666940107
31 Mar 22563553694
31 Dec 215295539107
30 Sep 215911324093
30 Jun 214721382859
31 Mar 21381882346
31 Dec 20308911615
31 Dec 1911143102

Quality Earnings: MLGO is currently unprofitable.

Growing Profit Margin: MLGO is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MLGO is unprofitable, and losses have increased over the past 5 years at a rate of 86.6% per year.

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

Earnings vs Industry: MLGO is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-4%).


Return on Equity

High ROE: MLGO has a negative Return on Equity (-36.65%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies