What trends show in LOGC's past year earnings?
4/10/2025 08:26pm
ContextLogic (LOGC) has demonstrated significant financial challenges over the past year, with recurring net losses and fluctuating revenue. Here are the key trends observed in LOGC's earnings:
1. **Consistent Net Losses**: LOGC has experienced net losses in all four quarters of the past year, with the net income being -$1 million on Q3 2024, -$2 million on Q4 2024, and a much larger loss of -$13 million on Q2 2025, and a staggering -$59 million on Q1 2026.
2. **Revenue Fluctuations**: The company's revenue has not shown a clear upward trend. Instead, it has fluctuated, which could be indicative of operational challenges or market conditions affecting sales.
3. **Declining Financial Performance**: The net losses have increased significantly from $1 million in Q3 2024 to $59 million in Q1 2026, suggesting a sharp deterioration in the company's financial performance over the past year.
4. **Lack of Recovery**: There is no indication of recovery or improvement in the company's financial health, as the net losses have continued to grow rather than stabilize or shrink.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|LOGC|LOGC.O|ContextLogic|2024 Q1|33.70786516853933|-5.9E7|185|
|LOGC|LOGC.O|ContextLogic|2024 Q2|83.75|-1.3E7|185|
|LOGC|LOGC.O|ContextLogic|2024 Q3|98.75|-1000000|185|
|LOGC|LOGC.O|ContextLogic|2024 Q4|97.05882352941177|-2000000|185|