SOCO Past Earnings Performance
Past criteria checks 0/6
SOCO's earnings have been declining at an average annual rate of -34.9%, while the IT industry saw earnings growing at 27.4% annually. Revenues have been growing at an average rate of 24.9% per year.
Key information
-34.9%
Earnings growth rate
-127.5%
EPS growth rate
| IT Industry Growth | 12.9% |
| Revenue growth rate | 24.9% |
| Return on equity | -5.8% |
| Net Margin | -2.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How SOCO 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 | 21 | 0 | 5 | 0 |
| 31 Mar 24 | 20 | 0 | 5 | 0 |
| 31 Dec 23 | 20 | 0 | 4 | 0 |
| 30 Sep 23 | 20 | 1 | 4 | 0 |
| 30 Jun 23 | 18 | 1 | 4 | 0 |
| 31 Mar 23 | 18 | 1 | 4 | 0 |
| 31 Dec 22 | 17 | 1 | 4 | 0 |
| 30 Sep 22 | 15 | 2 | 3 | 0 |
| 30 Jun 22 | 13 | 2 | 3 | 0 |
| 30 Jun 21 | 8 | 1 | 2 | 0 |
| 30 Jun 20 | 5 | 1 | 1 | 0 |
Quality Earnings: SOC is currently unprofitable.
Growing Profit Margin: SOC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOC is unprofitable, and losses have increased over the past 5 years at a rate of 34.9% per year.
Accelerating Growth: Unable to compare SOC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SOC is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (7%).
Return on Equity
High ROE: SOC has a negative Return on Equity (-5.83%), as it is currently unprofitable.