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AQB

AquaBounty Technologies Inc

$1.34

Earnings Summary

Revenue
$0.96Mn
Net Profits
$-5.11Mn
Net Profit Margins
-530.88%

Highlights

Revenue:

AquaBounty Technologies Inc’s revenue jumped 1194.68% since last year same period to $0.96Mn in the Q1 2022. On a quarterly growth basis, AquaBounty Technologies Inc has generated 463.19% jump in its revenue since last 3-months.

Net Profits:

AquaBounty Technologies Inc’s net profit fell -22.91% since last year same period to $-5.11Mn in the Q1 2022. On a quarterly growth basis, AquaBounty Technologies Inc has generated 15.76% jump in its net profits since last 3-months.

Net Profit Margins:

AquaBounty Technologies Inc’s net profit margin jumped 90.51% since last year same period to -530.88% in the Q1 2022. On a quarterly growth basis, AquaBounty Technologies Inc has generated -123.19% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the AquaBounty Technologies Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.09
EPS Estimate Current Year
-0.09

Highlights

EPS Estimate Current Quarter:

AquaBounty Technologies Inc’s earning per share (EPS) estimates for the current quarter stand at -0.09 - a -12.5% fall from last quarter’s estimates.

EPS Estimate Current Year:

AquaBounty Technologies Inc’s earning per share (EPS) estimates for the current year stand at -0.09.

Key Ratios

Key ratios of the AquaBounty Technologies Inc post its Q1 2022 earnings

Earning Per Share (EPS)
-0.07
Return on Assets (ROA)
-0.06
Return on Equity (ROE)
-0.11
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

AquaBounty Technologies Inc’s earning per share (EPS) fell -16.67% since last year same period to -0.07 in the Q1 2022. This indicates that the AquaBounty Technologies Inc has generated -16.67% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. AquaBounty Technologies Inc’s return on assets (ROA) stands at -0.06.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. AquaBounty Technologies Inc’s return on equity (ROE) stands at -0.11.

Dividend Per Share (DPS):

AquaBounty Technologies Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
-0.08
-0.07
12.5%

Company Information

AquaBounty Technologies, Inc. is a leader in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The Company's objective is to ensure the availability of high-quality seafood to meet global consumer demand, while addressing critical production constraints in the most popular farmed species. The Company's AquAdvantage fish program is based upon a single, specific molecular modification in fish that results in more rapid growth in early development. With aquaculture facilities located in Prince Edward Island, Canada, and Indiana, USA, AquaBounty is raising its disease-free, antibiotic-free salmon in land-based recirculating aquaculture systems, offering a reduced carbon footprint and no risk of pollution of marine ecosystems as compared to traditional sea-cage farming.

Organisation
AquaBounty Technologies Inc
Headquarters
Maynard, Massachusetts, US
Employees
72
Industry
Health Technology
CEO
Sylvia Wulf