Wearable Devices Past Earnings Performance
Past criteria checks 0/6
Wearable Devices's earnings have been declining at an average annual rate of -55.1%, while the Tech industry saw earnings growing at 22.3% annually. Revenues have been declining at an average rate of 27.4% per year.
Key information
-55.1%
Earnings growth rate
-36.5%
EPS growth rate
| Tech Industry Growth | 14.3% |
| Revenue growth rate | -27.4% |
| Return on equity | -141.4% |
| Net Margin | -9,529.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Wearable Devices 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 Dec 23 | 0 | -8 | 5 | 3 |
| 30 Sep 23 | 0 | -8 | 5 | 3 |
| 30 Jun 23 | 0 | -8 | 5 | 3 |
| 31 Mar 23 | 0 | -7 | 4 | 3 |
| 31 Dec 22 | 0 | -6 | 3 | 2 |
| 30 Sep 22 | 0 | -5 | 3 | 2 |
| 30 Jun 22 | 0 | -4 | 2 | 2 |
| 31 Mar 22 | 0 | -3 | 2 | 2 |
| 31 Dec 21 | 0 | -3 | 1 | 1 |
| 30 Sep 21 | 0 | -2 | 1 | 1 |
| 30 Jun 21 | 0 | -1 | 1 | 1 |
| 31 Mar 21 | 0 | -1 | 0 | 1 |
| 31 Dec 20 | 0 | -1 | 0 | 1 |
| 31 Dec 19 | 0 | -1 | 0 | 1 |
Quality Earnings: WLDS is currently unprofitable.
Growing Profit Margin: WLDS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WLDS is unprofitable, and losses have increased over the past 5 years at a rate of 55.1% per year.
Accelerating Growth: Unable to compare WLDS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WLDS is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (26.6%).
Return on Equity
High ROE: WLDS has a negative Return on Equity (-141.4%), as it is currently unprofitable.