COMSovereign Holding Past Earnings Performance
Past criteria checks 0/6
COMSovereign Holding's earnings have been declining at an average annual rate of -24.8%, while the Communications industry saw earnings growing at 18.1% annually. Revenues have been declining at an average rate of 1.3% per year.
Key information
-24.8%
Earnings growth rate
15.8%
EPS growth rate
| Communications Industry Growth | 31.8% |
| Revenue growth rate | -1.3% |
| Return on equity | n/a |
| Net Margin | -755.3% |
| Last Earnings Update | 30 Sep 2023 |
Revenue & Expenses BreakdownBeta
How COMSovereign Holding 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 | 6 | -47 | 9 | 1 |
| 30 Jun 23 | 10 | -47 | 10 | 1 |
| 31 Mar 23 | 8 | -86 | 14 | 1 |
| 31 Dec 22 | 10 | -81 | 18 | 2 |
| 30 Sep 22 | 10 | -156 | 20 | 2 |
| 30 Jun 22 | 10 | -165 | 23 | 4 |
| 31 Mar 22 | 9 | -136 | 24 | 5 |
| 31 Dec 21 | 9 | -153 | 26 | 4 |
| 30 Sep 21 | 9 | -49 | 24 | 5 |
| 30 Jun 21 | 7 | -49 | 22 | 3 |
| 31 Mar 21 | 9 | -46 | 20 | 2 |
| 31 Dec 20 | 9 | -37 | 17 | 2 |
| 30 Sep 20 | 9 | -42 | 18 | 1 |
| 30 Jun 20 | 9 | -37 | 19 | 1 |
| 31 Mar 20 | 7 | -34 | 18 | 0 |
| 31 Dec 19 | 5 | -28 | 14 | 0 |
Quality Earnings: COMS is currently unprofitable.
Growing Profit Margin: COMS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: COMS is unprofitable, and losses have increased over the past 5 years at a rate of 24.8% per year.
Accelerating Growth: Unable to compare COMS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: COMS is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (9.1%).
Return on Equity
High ROE: COMS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.