Objective Past Earnings Performance
Past criteria checks 6/6
Objective has been growing earnings at an average annual rate of 23%, while the Software industry saw earnings growing at 21.1% annually. Revenues have been growing at an average rate of 12.6% per year. Objective's return on equity is 33.9%, and it has net margins of 26.7%.
Key information
23.0%
Earnings growth rate
22.5%
EPS growth rate
| Software Industry Growth | 22.1% |
| Revenue growth rate | 12.6% |
| Return on equity | 33.9% |
| Net Margin | 26.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
There's Reason For Concern Over Objective Corporation Limited's (ASX:OCL) Price
Dec 11
If EPS Growth Is Important To You, Objective (ASX:OCL) Presents An Opportunity
Nov 01Investor Optimism Abounds Objective Corporation Limited (ASX:OCL) But Growth Is Lacking
Sep 09Some Shareholders Feeling Restless Over Objective Corporation Limited's (ASX:OCL) P/E Ratio
Apr 24A Look At The Intrinsic Value Of Objective Corporation Limited (ASX:OCL)
Feb 15Why We Think Objective Corporation Limited's (ASX:OCL) CEO Compensation Is Not Excessive At All
Nov 21Estimating The Fair Value Of Objective Corporation Limited (ASX:OCL)
Nov 07Objective's (ASX:OCL) Returns On Capital Not Reflecting Well On The Business
Sep 27Objective Corporation Limited (ASX:OCL) Just Released Its Full-Year Results And Analysts Are Updating Their Estimates
Aug 23Investors Could Be Concerned With Objective's (ASX:OCL) Returns On Capital
May 29Should You Be Adding Objective (ASX:OCL) To Your Watchlist Today?
Nov 27What Does Objective Corporation Limited's (ASX:OCL) Share Price Indicate?
Nov 11Calculating The Intrinsic Value Of Objective Corporation Limited (ASX:OCL)
Oct 07With EPS Growth And More, Objective (ASX:OCL) Makes An Interesting Case
Aug 04Estimating The Intrinsic Value Of Objective Corporation Limited (ASX:OCL)
Jul 07Investors Shouldn't Overlook The Favourable Returns On Capital At Objective (ASX:OCL)
Apr 29We Think Objective's (ASX:OCL) Healthy Earnings Might Be Conservative
Mar 02A Look At The Intrinsic Value Of Objective Corporation Limited (ASX:OCL)
Feb 21Here's What Objective's (ASX:OCL) Strong Returns On Capital Mean
Jan 25Is Now The Time To Put Objective (ASX:OCL) On Your Watchlist?
Nov 23Many Would Be Envious Of Objective's (ASX:OCL) Excellent Returns On Capital
Sep 06Does Objective (ASX:OCL) Deserve A Spot On Your Watchlist?
Aug 05Objective (ASX:OCL) Is Achieving High Returns On Its Capital
Jun 01Is Objective (ASX:OCL) The Next Multi-Bagger?
Mar 02Our Take On Objective's (ASX:OCL) CEO Salary
Feb 09If You Like EPS Growth Then Check Out Objective (ASX:OCL) Before It's Too Late
Jan 19
Objective Corporation Limited (ASX:OCL) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Dec 29Did You Participate In Any Of Objective's (ASX:OCL) Incredible 620% Return?
Dec 08A Look Into Objective's (ASX:OCL) Impressive Returns On Capital
Nov 17Objective (ASX:OCL) Has Rewarded Shareholders With An Exceptional 639% Total Return On Their Investment
Aug 26Here's What To Make Of Objective's (ASX:OCL) Returns On Capital
Jul 19Revenue & Expenses Breakdown
How Objective makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 118 | 31 | 54 | 17 |
| 31 Mar 24 | 115 | 29 | 53 | 19 |
| 31 Dec 23 | 113 | 27 | 53 | 21 |
| 30 Sep 23 | 112 | 24 | 53 | 24 |
| 30 Jun 23 | 110 | 21 | 53 | 27 |
| 31 Mar 23 | 110 | 21 | 53 | 26 |
| 31 Dec 22 | 109 | 22 | 53 | 26 |
| 30 Sep 22 | 108 | 21 | 52 | 25 |
| 30 Jun 22 | 107 | 20 | 51 | 25 |
| 31 Mar 22 | 104 | 19 | 49 | 25 |
| 31 Dec 21 | 101 | 18 | 47 | 25 |
| 30 Sep 21 | 98 | 17 | 46 | 24 |
| 30 Jun 21 | 95 | 16 | 46 | 23 |
| 31 Mar 21 | 89 | 15 | 44 | 21 |
| 31 Dec 20 | 83 | 14 | 42 | 19 |
| 30 Sep 20 | 77 | 13 | 39 | 18 |
| 30 Jun 20 | 70 | 11 | 37 | 16 |
| 31 Mar 20 | 68 | 10 | 37 | 15 |
| 31 Dec 19 | 66 | 10 | 36 | 15 |
| 30 Sep 19 | 64 | 9 | 36 | 14 |
| 30 Jun 19 | 62 | 9 | 35 | 13 |
| 31 Mar 19 | 61 | 8 | 35 | 13 |
| 31 Dec 18 | 59 | 7 | 36 | 13 |
| 30 Sep 18 | 61 | 7 | 37 | 13 |
| 30 Jun 18 | 63 | 7 | 39 | 13 |
| 31 Mar 18 | 64 | 8 | 39 | 13 |
| 31 Dec 17 | 66 | 9 | 40 | 13 |
| 30 Sep 17 | 64 | 8 | 39 | 13 |
| 30 Jun 17 | 63 | 8 | 38 | 13 |
| 31 Mar 17 | 60 | 8 | 36 | 12 |
| 31 Dec 16 | 58 | 8 | 34 | 12 |
| 30 Sep 16 | 54 | 6 | 33 | 12 |
| 30 Jun 16 | 50 | 5 | 32 | 11 |
| 31 Mar 16 | 49 | 5 | 32 | 11 |
| 31 Dec 15 | 49 | 4 | 32 | 11 |
| 30 Sep 15 | 49 | 4 | 32 | 11 |
| 30 Jun 15 | 50 | 4 | 32 | 11 |
| 31 Mar 15 | 50 | 5 | 32 | 11 |
| 31 Dec 14 | 51 | 5 | 33 | 10 |
| 30 Sep 14 | 50 | 5 | 32 | 10 |
| 30 Jun 14 | 49 | 6 | 31 | 10 |
| 31 Mar 14 | 46 | 5 | 29 | 9 |
| 31 Dec 13 | 44 | 5 | 28 | 9 |
Quality Earnings: OCL has high quality earnings.
Growing Profit Margin: OCL's current net profit margins (26.7%) are higher than last year (19.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OCL's earnings have grown significantly by 23% per year over the past 5 years.
Accelerating Growth: OCL's earnings growth over the past year (48.6%) exceeds its 5-year average (23% per year).
Earnings vs Industry: OCL earnings growth over the past year (48.6%) exceeded the Software industry 6.8%.
Return on Equity
High ROE: OCL's Return on Equity (33.9%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:15 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Objective Corporation Limited is covered by 10 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Josh Kannourakis | Barrenjoey Markets Pty Limited |
| Chris Gawler | Goldman Sachs |