STEER Technologies (TSXV:STER) Revenue : C$46.26 Mil (TTM As of Sep. 2023)

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What is STEER Technologies Revenue?

STEER Technologies's revenue for the three months ended in Sep. 2023 was C$0.88 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2023 was C$46.26 Mil. STEER Technologies's Revenue per Share for the three months ended in Sep. 2023 was C$0.01. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was C$0.36.

Warning Sign:

STEER Technologies Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of STEER Technologies was -18.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 298.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, STEER Technologies's highest 3-Year average Revenue per Share Growth Rate was 298.50% per year. The lowest was 298.50% per year. And the median was 298.50% per year.

STEER Technologies Revenue Historical Data

The historical data trend for STEER Technologies's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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STEER Technologies Revenue Chart

STEER Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Revenue

0.60

3.93

25.42

54.92

STEER Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Revenue	Get a 7-Day Free Trial															14.29	29.14	15.23	1.01	0.88

Competitive Comparison of STEER Technologies's Revenue

For the Software - Application subindustry, STEER Technologies's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

STEER Technologies's Revenue Distribution in the Software Industry

For the Software industry and Technology sector, STEER Technologies's Revenue distribution charts can be found below:

* The bar in red indicates where STEER Technologies's Revenue falls into.

STEER Technologies Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$46.26 Mil.

STEER Technologies (TSXV:STER) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.

Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.

STEER Technologies Revenue Related Terms

Thank you for viewing the detailed overview of STEER Technologies's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

STEER Technologies (TSXV:STER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » STEER Technologies Inc (TSXV:STER) » Definitions » Revenue

Comparable Companies

Traded in Other Exchanges

STEEF:USA H1Y:Germany

Address

44 East Beaver Creek Road, Unit 16, Richmond Hill, ON, CAN, L4B 1G8

Website

https://www.steeresg.com

STEER Technologies Inc is an integrated ESG technology platform that moves people and delivers things through subscription and on-demand services. The company's goal is to build a one-of-a-kind system that aggregates conscientious users and enables them to buy, sell, or invest with the same platform. STEER offerings generally fall into two categories namely subscription-based offerings led by its flagship electric vehicle subscription business, STEER EV, and on-demand services incorporating B2B marketplace, Delivery-as-a-Service (DaaS), and rideshare businesses. The company's platform is powered by EcoCRED, it's analytics and machine learning engine which seeks to capture, analyze, parse, and report on key data points to measure the carbon impact.