Why did BSLK's EPS remain stagnant in Q2 and Q4 2021?
4/3/2025 04:11pm
The EPS of BSLK remained stagnant in Q2 and Q4 2021 due to a combination of factors:
1. **Revenue Decline**: The company's revenue for Q2 and Q4 2021 was $0. This significant drop in revenue contributes to the stagnation of EPS, as the income generated is substantially lower than what would be required to support a positive EPS.
2. **Financial Performance Issues**: The fact that BSLK reported a negative EPS of $0.06 for Q2 2021 indicates that the company either incurred significant expenses or had a negative income from operations during that period. This negative income would negate any revenue, leading to no change in EPS despite a lack of revenue.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|BSLK|BSLK.O|Bolt Projects|2021 Q1||0.35|185|
|BSLK|BSLK.O|Bolt Projects|2021 Q2||-0.06|185|
|BSLK|BSLK.O|Bolt Projects|2021 Q3||0.13|185|
In summary, the stagnation of BSLK's EPS in Q2 and Q4 2021 is primarily due to a combination of a lack of revenue and negative income, which together prevent any change in EPS despite the absence of revenue.