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Is the company growing? Explain. Be sure to include the percentages you got Millions of US $ $-94 $-38 Annual Net Income 2022 2021 2020
Is the company growing? Explain. Be sure to include the percentages you got Millions of US $ $-94 $-38 Annual Net Income 2022 2021 2020 2019 2018 2017 2016 To calculate growth versus prior years, use this formula: (this year's number minus last year's number)/Last year's number). This will give you the percentage change from the previous year. $-36 $52 $-28 $-33 $-28 From 2016 to 2017: ((-$33 million)-(-$28 million))/ (-$28 million)) *100 = 17.86% From 2017 to 2018: ((-$28 million)-(-$33 million)) / (-$33 million) *100 = -15.15% From 2018 to 2019: (($52 million) - (-$28 million))/ (-$28 million) *100= -285.71% From 2019 to 2020: ((-$36 million) - ($52 million)) / ($52 million) *100= -169.23% From 2020 to 2021: ((-$38 million)-(-$36 million))/(-$36 million) *100= 5.56% From 2021 to 2022: ((-$94 million)-(-$38 million)/ (-$38 million) *100 = 147.36%
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