RMO Revenue second quarter 2022 Y/Y Growth Comment
Romeo Power Inc. achieved in the second quarter 2022, above Company average Revenue surge of 516.02% year on year, to $ 5.73 millions.
Looking into second quarter 2022 results within Auto & Truck Parts industry 2 other companies have achieved higher Revenue growth. While Romeo Power Inc.' s Revenue doubling of 516.02% ranks overall at the positon no. 121 in the second quarter 2022.
Revenue by Quarter for the Fiscal Years 2019, 2020, 2021, 2022
Romeo Power's Q/Q Revenue Growth
Revenue Q/Q Growth Statistics
High
Average
Low
521.92 %
76.01 %
-88.25 %
(Sep 30 2021)
RMO's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2022 Romeo Power Inc. disclosed fall in Revenue from the first quarter by -50.48% to $ 5.73 millions, from $ 11.57 millions achived in the previous reporting period.
But that's not important problem, as Romeo Power's Revenue generally seem to plunge in this quarter.
Within Auto & Truck Parts industry 50 other companies have achieved higher Revenue quarter on quarter growth. While Romeo Power's Revenue growth quarter on quarter, overall rank is 4302.
In the II. Quarter 2022 Romeo Power Inc. disclosed fall in Revenue from the first quarter by -50.48% to $ 5.73 millions, from $ 11.57 millions achived in the previous reporting period.
But that's not important problem, as Romeo Power's Revenue generally seem to plunge in this quarter.
Within Auto & Truck Parts industry 50 other companies have achieved higher Revenue quarter on quarter growth. While Romeo Power's Revenue growth quarter on quarter, overall rank is 4302.
Romeo Power's 12 Months Revenue Growth Year on Year
Revenue TTM Growth
12 Months Ending (Jun 30 2022)
12 Months Ending (Mar 31 2022)
12 Months Ending (Dec 31 2021)
12 Months Ending (Sep 30 2021)
12 Months Ending (Jun 30 2021)
Cumulative Revenue 12 Months Ending
$ 32.12
$ 27.32
$ 16.80
$ 12.39
$ 0.00
Y / Y Revenue Growth (TTM)
-
-
-
-
-
Year on Year Revenue Growth Overall
Ranking
#
#
#
#
#
Seqeuential Revenue Change (TTM)
17.58 %
62.59 %
35.66 %
-
-
Seq. Revenue Growth (TTM) Overall
Ranking
# 2841
# 69
# 2216
# 0
# 0
Cumulative Revenue growth Comment
Romeo Power saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 516.02% year on year, to $ 32 millions if the fiscal year would have ended in Jun 30 2022. Romeo Power's trailing twelve months Revenue growth was higher than company's average 0% and higher than % growth in Mar 31 2022. And, Romeo Power realized the fastest Revenue growth, in Auto & Truck Parts industry. But from twelve months ended Mar 31 2022 rise was beneth at 17.58 % from $27.32 millions achieved in the period from Mar 31 2022 to Jun 30 2021. Still this was evidence of convincing trend, while the usual Q/Q TTM gain stands at 0%.
Romeo Power Inc. achieved highest trailing twelve month year on year Revenue growth. While overall Revenue growth ranking, remained unchanged compare to the previous quarter at no. .
Romeo Power saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 516.02% year on year, to $ 32 millions if the fiscal year would have ended in Jun 30 2022. Romeo Power's trailing twelve months Revenue growth was higher than company's average 0% and higher than % growth in Mar 31 2022. And, Romeo Power realized the fastest Revenue growth, in Auto & Truck Parts industry. But from twelve months ended Mar 31 2022 rise was beneth at 17.58 % from $27.32 millions achieved in the period from Mar 31 2022 to Jun 30 2021. Still this was evidence of convincing trend, while the usual Q/Q TTM gain stands at 0%. The momentum is even more impressive from twelve months ended Mar 31 2022 exhibited at 17.58 % increase from $27.32 millions in the period from Mar 31 2022 to Jun 30 2021.
Romeo Power Inc. achieved highest trailing twelve month year on year Revenue growth. While overall Revenue growth ranking, remained unchanged compare to the previous quarter at no. .
About Romeo Power Revenue Growth Rates (RMO), Current and Historic Growth - CSIMarket Analysis
How we calculate this
This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years).
Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.
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