Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!
Caleido Group S.p.A. (BIT:CLG) shareholders will doubtless be very grateful to see the share price up 50% in the last quarter. But that is small recompense for the exasperating returns over three years. Tragically, the share price declined 65% in that time. So it is really good to see an improvement. Perhaps the company has turned over a new leaf.
View our latest analysis for Caleido Group
Given that Caleido Group didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. When a company doesn't make profits, we'd generally expect to see good revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
Depicted in the graphic below, you'll see revenue and earnings over time. If you want more detail, you can click on the chart itself.
Take a more thorough look at Caleido Group's financial health with this free report on its balance sheet.
A Different Perspective
The last twelve months weren't great for Caleido Group shares, which performed worse than the market, costing holders 55%. The market shed around 2.0%, no doubt weighing on the stock price. The three-year loss of 29% per year isn't as bad as the last twelve months, suggesting that the company has not been able to convince the market it has solved its problems. We would be wary of buying into a company with unsolved problems, although some investors will buy into struggling stocks if they believe the price is sufficiently attractive. You might want to assess this data-rich visualization of its earnings, revenue and cash flow.
But note: Caleido Group may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on IT exchanges.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.