SMX (Security Matters) Past Earnings Performance
Past criteria checks 2/6
SMX (Security Matters)'s earnings have been declining at an average annual rate of -30.7%, while the Electronic industry saw earnings growing at 13.7% annually. Revenues have been declining at an average rate of 59.3% per year.
Key information
-30.7%
Earnings growth rate
-52.7%
EPS growth rate
| Electronic Industry Growth | 15.3% |
| Revenue growth rate | -59.3% |
| Return on equity | 3.7% |
| Net Margin | n/a |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How SMX (Security Matters) 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 24 | 0 | 1 | 11 | 3 |
| 31 Mar 24 | 0 | -10 | 14 | 3 |
| 31 Dec 23 | 0 | -21 | 17 | 3 |
| 30 Sep 23 | 0 | -29 | 16 | 2 |
| 30 Jun 23 | 0 | -37 | 15 | 2 |
| 31 Mar 23 | 0 | -21 | 9 | 2 |
| 31 Dec 22 | 0 | -6 | 3 | 2 |
| 30 Sep 22 | 0 | -6 | 3 | 2 |
| 30 Jun 22 | 0 | -5 | 3 | 2 |
| 31 Mar 22 | 0 | -5 | 3 | 2 |
| 31 Dec 21 | 0 | -5 | 3 | 2 |
| 30 Sep 21 | 0 | -5 | 3 | 2 |
| 30 Jun 21 | 0 | -5 | 3 | 2 |
| 31 Mar 21 | 0 | -6 | 4 | 2 |
| 31 Dec 20 | 0 | -5 | 3 | 2 |
| 30 Sep 20 | 0 | -6 | 4 | 2 |
| 30 Jun 20 | 0 | -6 | 3 | 3 |
| 31 Mar 20 | 0 | -5 | 3 | 2 |
| 31 Dec 19 | 0 | -5 | 2 | 2 |
| 30 Sep 19 | 0 | -5 | 4 | 1 |
| 30 Jun 19 | 0 | -5 | 5 | 0 |
| 31 Mar 19 | 0 | -4 | 4 | 0 |
| 31 Dec 18 | 0 | -4 | 4 | 0 |
| 30 Sep 18 | 0 | -3 | 2 | 1 |
| 30 Jun 18 | 0 | -3 | 1 | 1 |
| 31 Mar 18 | 0 | -3 | 1 | 1 |
| 31 Dec 17 | 0 | -3 | 1 | 1 |
| 31 Dec 16 | 0 | -2 | 0 | 1 |
Quality Earnings: SMX has a large one-off gain of $22.2M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: SMX became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SMX has become profitable over the past 5 years, growing earnings by -30.7% per year.
Accelerating Growth: SMX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SMX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-1.8%).
Return on Equity
High ROE: SMX's Return on Equity (3.7%) is considered low.