NoviqTech Past Earnings Performance

Past criteria checks 0/6

NoviqTech has been growing earnings at an average annual rate of 10.2%, while the Software industry saw earnings growing at 21.1% annually. Revenues have been declining at an average rate of 49.8% per year.

Key information

10.2%

Earnings growth rate

56.8%

EPS growth rate

Software Industry Growth	22.1%
Revenue growth rate	-49.8%
Return on equity	n/a
Net Margin	-19,023.8%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

How Many Tymlez Group Limited (ASX:TYM) Shares Did Insiders Buy, In The Last Year?

Dec 30

Revenue & Expenses Breakdown

How NoviqTech makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ASX:NVQ Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	0	-2	1
31 Mar 24	0	-3	1
31 Dec 23	0	-3	2
30 Sep 23	0	-4	2
30 Jun 23	0	-5	2
31 Mar 23	0	-5	2
31 Dec 22	0	-5	2
30 Sep 22	0	-4	2
30 Jun 22	0	-4	2
31 Mar 22	0	-4	2
31 Dec 21	0	-4	2
30 Sep 21	0	-4	2
30 Jun 21	0	-3	2
31 Mar 21	0	-4	2
31 Dec 20	0	-4	2
30 Sep 20	0	-5	2
30 Jun 20	0	-6	1
31 Mar 20	0	-6	1
31 Dec 19	0	-7	2
30 Sep 19	0	-5	2
30 Jun 19	0	-3	2
31 Mar 19	0	-3	2
31 Dec 18	0	-2	1
31 Dec 17	2	0	2

Quality Earnings: NVQ is currently unprofitable.

Growing Profit Margin: NVQ is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NVQ is unprofitable, but has reduced losses over the past 5 years at a rate of 10.2% per year.

Accelerating Growth: Unable to compare NVQ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NVQ is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (6.8%).

Return on Equity

High ROE: NVQ's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

NoviqTech Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2022)

First half 2022 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in 1H 2021)

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

First half 2021 earnings released: AU$0.004 loss per share (vs AU$0.01 loss in 1H 2020)

Full year 2020 earnings released: AU$0.016 loss per share (vs AU$0.051 loss in FY 2019)

Full year 2020 earnings released: AU$0.016 loss per share (vs AU$0.051 loss in FY 2019)

Recent updates

New major risk - Shareholder dilution

New major risk - Share price stability

NoviqTech Limited has filed a Follow-on Equity Offering in the amount of AUD 1.05 million.

NoviqTech Limited has filed a Follow-on Equity Offering in the amount of AUD 0.3 million.

New minor risk - Insider selling

NoviqTech Limited, Annual General Meeting, May 31, 2024

NoviqTech Limited has completed a Follow-on Equity Offering in the amount of AUD 0.7 million.

First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2022)

Tymlez Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.849 million.

Tymlez Group Limited Announces Management Changes

Tymlez Group Limited Appoints Freddy El Turk as Chief Executive Officer

Insider recently sold AU$310k worth of stock

Tymlez Group Limited Announces Board Changes

TYMLEZ Group Limited Announces Board Changes

TYMLEZ Group Limited Announces Executive Changes

Acting CEO & Executive Director recently sold AU$163k worth of stock

Tymlez Group Limited Announces Board Changes

Tymlez Group Limited Announces the Removal of Directors

Tymlez Group Limited Appoints Daniel O'Halloran as Group's Acting Chief Executive Officer

Tymlez Group Limited Announces Change of Company Secretary

Tymlez Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.05 million.

Tymlez Group Limited Announces CEO Changes

Less than half of directors are independent

First half 2022 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in 1H 2021)

Tymlez Group Limited Announces Appointment of Daniel O'Halloran as Executive Chairman

Tymlez Group Limited Approves the Election of Eglantine Etiemble as Director

Tymlez Group Limited Announces Resignation of Luca Febbraio as Non-Executive Director

Eglantine Etiemble Joins the Tymlez Board

High number of new and inexperienced directors

Insider recently sold AU$552k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Tymlez Group Limited Appoints Rhys George Evans as Non-Executive Director

Tymlez Group Limited Announces Resignation of Justyn Stedwell as Joint Company Secretary

Non-Executive Chairman Wayne Clay has left the company

First half 2021 earnings released: AU$0.004 loss per share (vs AU$0.01 loss in 1H 2020)

Tymlez Group Limited has completed a Follow-on Equity Offering in the amount of AUD 5.65116 million.

Full year 2020 earnings released: AU$0.016 loss per share (vs AU$0.051 loss in FY 2019)

Full year 2020 earnings released: AU$0.016 loss per share (vs AU$0.051 loss in FY 2019)

How Many Tymlez Group Limited (ASX:TYM) Shares Did Insiders Buy, In The Last Year?

Tymlez Group Limited Announces Resignation of Reinier Van Der Drift as A Director

TYMLEZ Group Limited Appoints Tim Ebbeck as Non-Executive Director

Tymlez Group Limited Announces CEO Changes

Tymlez Group Limited announced that it expects to receive AUD 2.8 million in funding

First half earnings released

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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