Eco Wave Power Global Past Earnings Performance
Past criteria checks 0/6
Eco Wave Power Global's earnings have been declining at an average annual rate of -12.6%, while the Renewable Energy industry saw earnings declining at 7.4% annually. Revenues have been growing at an average rate of 44.5% per year.
Key information
-12.6%
Earnings growth rate
96.9%
EPS growth rate
| Renewable Energy Industry Growth | -5.8% |
| Revenue growth rate | 44.5% |
| Return on equity | -23.9% |
| Net Margin | -558.8% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Eco Wave Power Global 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 | -2 | 2 | 1 |
| 30 Sep 23 | 0 | -2 | 2 | 1 |
| 30 Jun 23 | 0 | -2 | 2 | 1 |
| 31 Mar 23 | 0 | -3 | 2 | 1 |
| 31 Dec 22 | 0 | -3 | 3 | 1 |
| 30 Sep 22 | 0 | -3 | 3 | 1 |
| 30 Jun 22 | 0 | -3 | 3 | 1 |
| 31 Mar 22 | 0 | -3 | 3 | 1 |
| 31 Dec 21 | 0 | -2 | 2 | 1 |
| 30 Sep 21 | 0 | -2 | 2 | 1 |
| 30 Jun 21 | 0 | -2 | 2 | 1 |
| 31 Mar 21 | 0 | -2 | 1 | 1 |
| 31 Dec 20 | 0 | -2 | 1 | 0 |
| 30 Sep 20 | 0 | -2 | 2 | 0 |
| 30 Jun 20 | 0 | -2 | 2 | 0 |
| 31 Mar 20 | 0 | -2 | 2 | 0 |
| 31 Dec 19 | 0 | -2 | 2 | 0 |
| 30 Sep 19 | 0 | -2 | 1 | 0 |
| 30 Jun 19 | 0 | -1 | 1 | 0 |
| 31 Mar 19 | 0 | -1 | 0 | 0 |
| 31 Dec 18 | 0 | -1 | 1 | 0 |
Quality Earnings: WAVE is currently unprofitable.
Growing Profit Margin: WAVE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WAVE is unprofitable, and losses have increased over the past 5 years at a rate of 12.6% per year.
Accelerating Growth: Unable to compare WAVE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WAVE is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (124.5%).
Return on Equity
High ROE: WAVE has a negative Return on Equity (-23.92%), as it is currently unprofitable.