Sovereign Cloud Holdings Past Earnings Performance
Past criteria checks 0/6
Sovereign Cloud Holdings's earnings have been declining at an average annual rate of -26.6%, while the IT industry saw earnings growing at 15.1% annually. Revenues have been growing at an average rate of 42.1% per year.
Key information
-26.6%
Earnings growth rate
11.1%
EPS growth rate
| IT Industry Growth | 12.9% |
| Revenue growth rate | 42.1% |
| Return on equity | -140.8% |
| Net Margin | -266.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
We're Keeping An Eye On Sovereign Cloud Holdings' (ASX:SOV) Cash Burn Rate
Nov 17
Companies Like Sovereign Cloud Holdings (ASX:SOV) Are In A Position To Invest In Growth
Jul 28Companies Like Sovereign Cloud Holdings (ASX:SOV) Are In A Position To Invest In Growth
Apr 07We're Hopeful That Sovereign Cloud Holdings (ASX:SOV) Will Use Its Cash Wisely
Nov 24We're Hopeful That Sovereign Cloud Holdings (ASX:SOV) Will Use Its Cash Wisely
Jul 22We're Hopeful That Sovereign Cloud Holdings (ASX:SOV) Will Use Its Cash Wisely
Mar 16Revenue & Expenses BreakdownBeta
How Sovereign Cloud Holdings 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 |
|---|---|---|---|---|
| 31 Dec 23 | 8 | -21 | 1 | 0 |
| 30 Sep 23 | 7 | -21 | 1 | 0 |
| 30 Jun 23 | 6 | -21 | 1 | 0 |
| 31 Mar 23 | 6 | -20 | 1 | 0 |
| 31 Dec 22 | 5 | -20 | 1 | 0 |
| 30 Sep 22 | 4 | -18 | 1 | 0 |
| 30 Jun 22 | 4 | -16 | 1 | 0 |
| 31 Mar 22 | 4 | -14 | 0 | 0 |
| 31 Dec 21 | 4 | -13 | 0 | 0 |
| 30 Sep 21 | 3 | -12 | 0 | 0 |
| 30 Jun 21 | 3 | -12 | 1 | 0 |
| 31 Mar 21 | 2 | -11 | 1 | 0 |
| 31 Dec 20 | 2 | -9 | 1 | 0 |
| 30 Sep 20 | 2 | -9 | 0 | 0 |
| 30 Jun 20 | 1 | -8 | 0 | 0 |
| 30 Jun 19 | 0 | -7 | 1 | 0 |
Quality Earnings: SOV is currently unprofitable.
Growing Profit Margin: SOV is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOV is unprofitable, and losses have increased over the past 5 years at a rate of 26.6% per year.
Accelerating Growth: Unable to compare SOV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SOV is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (10.2%).
Return on Equity
High ROE: SOV has a negative Return on Equity (-140.77%), as it is currently unprofitable.