Artificial Intelligence Technology Solutions Past Earnings Performance
Past criteria checks 0/6
Artificial Intelligence Technology Solutions's earnings have been declining at an average annual rate of -15.4%, while the Electronic industry saw earnings growing at 13.7% annually. Revenues have been growing at an average rate of 45.8% per year.
Key information
-15.4%
Earnings growth rate
-73.2%
EPS growth rate
| Electronic Industry Growth | 15.3% |
| Revenue growth rate | 45.8% |
| Return on equity | n/a |
| Net Margin | -500.7% |
| Last Earnings Update | 31 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Artificial Intelligence Technology Solutions 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 Aug 24 | 4 | -20 | 11 | 3 |
| 31 May 24 | 3 | -20 | 11 | 3 |
| 29 Feb 24 | 2 | -21 | 11 | 3 |
| 30 Nov 23 | 2 | -18 | 9 | 3 |
| 31 Aug 23 | 1 | -19 | 9 | 3 |
| 31 May 23 | 1 | -18 | 9 | 3 |
| 28 Feb 23 | 1 | -18 | 9 | 4 |
| 30 Nov 22 | 1 | -27 | 9 | 3 |
| 31 Aug 22 | 1 | -30 | 11 | 4 |
| 31 May 22 | 1 | -31 | 12 | 3 |
| 28 Feb 22 | 1 | -62 | 11 | 3 |
| 30 Nov 21 | 1 | -50 | 10 | 2 |
| 31 Aug 21 | 1 | -40 | 7 | 2 |
| 31 May 21 | 1 | -44 | 4 | 1 |
| 28 Feb 21 | 0 | -6 | 3 | 0 |
| 30 Nov 20 | 0 | -7 | 2 | 0 |
| 31 Aug 20 | 0 | -14 | 2 | 0 |
| 31 May 20 | 0 | -5 | 1 | 0 |
| 29 Feb 20 | 0 | -6 | 2 | 0 |
| 30 Nov 19 | 0 | -5 | 2 | 0 |
| 31 Aug 19 | 0 | 6 | 2 | 0 |
| 31 May 19 | 0 | 2 | 2 | 0 |
| 28 Feb 19 | 0 | 16 | 3 | 1 |
| 30 Nov 18 | 0 | 6 | 3 | 1 |
| 31 Aug 18 | 0 | -11 | 3 | 1 |
| 31 May 18 | 0 | -9 | 3 | 1 |
| 28 Feb 18 | 0 | -24 | 2 | 0 |
| 30 Nov 17 | 0 | -12 | 2 | 0 |
Quality Earnings: AITX is currently unprofitable.
Growing Profit Margin: AITX is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AITX is unprofitable, and losses have increased over the past 5 years at a rate of 15.4% per year.
Accelerating Growth: Unable to compare AITX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AITX is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-1.8%).
Return on Equity
High ROE: AITX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.