Sector • Retail Industry • Automotive Aftermarket |
Industry • Automotive Aftermarket |
Sector • Retail |
Automotive Aftermarket Firm Records $0.000956 Million in Top-line Revenue During Recent Fiscal Period; Free Flow Inc Regains Equilibrium with Zero Earnings per Share
Free Flow Inc reported first quarter of 2023 operating loss of $-0.022304 million
Published May 19 2023 / Modified May 19 2023
CSIMarket Team / CSIMarket.com
As I take a closer look at the most recent fiscal period of Free Flow Inc, I can decipher some interesting insights that shed light on the company's performance.
During the period under study, Free Flow Inc reached zero gain of $0.00 per share, which is a significant improvement compared to a loss per share of $-0.10 a year ago.
However, this trend didn't continue as the company's earnings per share remained the same in comparison to the preceding quarter.
As for the revenue, Free Flow Inc reported a stark decline with figures plummeting from $0.06 million in the similar quarter a year ago to $0.00 million this year.
The sequential drop was also evident with revenue falling from $0.01 million.
Despite this, the company had some positive news in terms of net income.
Free Flow Inc reported a net shortfall of $-0.019 million, which is a significant improvement compared to the net loss of $-2.602 million in the similar quarter a year ago.
This demonstrates the company's ability to cut down on its costs and manage its finances efficiently.
It's worth mentioning that Free Flow Inc is expected to report its next financial results on August 14, 2023.
As the company continues to navigate today's complex economic and financial environment, we'll be keeping a close eye on their performance, as it could have significant implications for the investors and stakeholders alike.
Other FFLO's news
Automotive Aftermarket*s Third Quarter 2023 Performance Steady, Matching Previous Year*s Revenue
The company declared top-line has dropped by -92.638 %, in the October to December 31 2022 period
Severe hit for the company amid the third quarter of 2022 earnings season
The company reported very pressing period, all along the April to June 30 2022 span
Very steep Contraction at amid the fiscal three months ending March 31 2022
Revenues have been $0.187904 million at the Free Flow Inc in most recent fiscal period
Other FFLO's news
Automotive Aftermarket*s Third Quarter 2023 Performance Steady, Matching Previous Year*s Revenue
The company declared top-line has dropped by -92.638 %, in the October to December 31 2022 period
Severe hit for the company amid the third quarter of 2022 earnings season
The company reported very pressing period, all along the April to June 30 2022 span
Very steep Contraction at amid the fiscal three months ending March 31 2022
Revenues have been $0.187904 million at the Free Flow Inc in most recent fiscal period