Earnings Summary

Openlane Inc’s revenue jumped 4.96% since last year same period to $391.3Mn in the Q4 2023. On a quarterly growth basis, Openlane Inc has generated -6.01% fall in its revenue since last 3-months.

Openlane Inc’s net profit fell -61.46% since last year same period to $14.3Mn in the Q4 2023. On a quarterly growth basis, Openlane Inc has generated 12.6% jump in its net profits since last 3-months.

Openlane Inc’s net profit margin fell -63.28% since last year same period to 3.65% in the Q4 2023. On a quarterly growth basis, Openlane Inc has generated 19.79% jump in its net profit margins since last 3-months.

Openlane Inc’s earning per share (EPS) estimates for the current quarter stand at 0.21 - a 61.54% jump from last quarter’s estimates.

Openlane Inc’s earning per share (EPS) estimates for the current year stand at 0.21.

Openlane Inc’s earning per share (EPS) fell -51.52% since last year same period to 0.16 in the Q4 2023. This indicates that the Openlane Inc has generated -51.52% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

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. Openlane Inc’s return on assets (ROA) stands at 0.03.

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. Openlane Inc’s return on equity (ROE) stands at -0.08.