How does SIF's earnings growth look year-over-year?

Sifco Industries (SIF) has demonstrated volatile earnings performance over the past five years, with a significant decline in net income from 2022 to 2023 and a further decrease from 2023 to 2024. Here's a detailed analysis of the company's earnings growth year-over-year:

1. **2020 to 2021**: SIF's net income showed a positive growth rate of 2.22% from the previous year, reaching $9.19 million in 2020.
2. **2021 to 2022**: The company's net income experienced a sharp decline of 11.97%, resulting in a net loss of $9.64 million in 2022.
3. **2022 to 2023**: SIF's net income continued to decline by 1.08%, with a net loss of $8.69 million in 2023.
4. **2023 to 2024**: The decline in net income accelerated, with a decrease of 38.4% year-over-year, resulting in a net loss of $5.38 million in 2024.

|code|Ticker|Name|Date|Net Income (FY) YoY|Net Income (FY)|market_code|
|---|---|---|---|---|---|---|
|SIF|SIF.A|Sifco Industries|2020|222.44870770050628|9191000|170|
|SIF|SIF.A|Sifco Industries|2021|-108.08399521270809|-743000|170|
|SIF|SIF.A|Sifco Industries|2022|-1197.442799461642|-9640000|170|
|SIF|SIF.A|Sifco Industries|2023|9.83402489626556|-8692000|170|
|SIF|SIF.A|Sifco Industries|2024|38.0694891854579|-5383000|170|