Why did NUKK's EPS remain stagnant in recent years?

Nukkleus Inc. (NUKK) has experienced fluctuations in its EPS over the past few years, with a notable decline in the most recent quarter ending on Q3 2024. The company's EPS has not remained stagnant, but rather has shown a significant decline, particularly in the period from Q3 2023 to Q3 2024.

The decline in NUKK's EPS can be attributed to a combination of factors:

1. **Macroeconomic Conditions**: The company has been impacted by macroeconomic factors such as high inflation and volatility, which have persisted over the past few years. These conditions have likely affected the company's financial performance, leading to a decline in its EPS.
2. **Revenue Decline**: There has been a decline in NUKK's revenue, which may be contributing to the stagnant EPS. For example, the company's Q4 revenue fell amid macro and forex headwinds, which could have impacted its profitability and, consequently, its EPS.

In summary, NUKK's EPS has not remained stagnant due to a combination of factors including macroeconomic conditions and revenue decline.