SOCO Past Earnings Performance
Past criteria checks 2/6
SOCO has been growing earnings at an average annual rate of 8.2%, while the IT industry saw earnings growing at 12.9% annually. Revenues have been growing at an average rate of 40.5% per year. SOCO's return on equity is 24.3%, and it has net margins of 7.4%.
Key information
8.2%
Earnings growth rate
n/a
EPS growth rate
| IT Industry Growth | 12.9% |
| Revenue growth rate | 40.5% |
| Return on equity | 24.3% |
| Net Margin | 7.4% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
No updates
Recent 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 |
|---|---|---|---|---|
| 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 has high quality earnings.
Growing Profit Margin: SOC's current net profit margins (7.4%) are lower than last year (14.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SOC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: SOC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SOC had negative earnings growth (-18%) over the past year, making it difficult to compare to the IT industry average (41.8%).
Return on Equity
High ROE: SOC's Return on Equity (24.3%) is considered high.