TASK Group Holdings Future Growth

Future criteria checks 4/6

TASK Group Holdings is forecast to grow earnings and revenue by 100.4% and 10.4% per annum respectively. EPS is expected to grow by 2.1% per annum. Return on equity is forecast to be 4.9% in 3 years.

Key information

100.4%

Earnings growth rate

2.1%

EPS growth rate

Software earnings growth	27.8%
Revenue growth rate	10.4%
Future return on equity	4.9%
Analyst coverage	Low
Last updated	18 Jul 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

CHIA:TSK - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	97	8	16	N/A	2
3/31/2026	89	5	12	N/A	2
3/31/2025	79	0	11	N/A	2
3/31/2024	71	-7	N/A	N/A	N/A
9/30/2023	70	2	10	15	N/A
6/30/2023	65	1	12	16	N/A
3/31/2023	61	0	15	18	N/A
12/31/2022	52	-9	7	9	N/A
9/30/2022	40	-18	-1	1	N/A
6/30/2022	36	-20	-9	-7	N/A
3/31/2022	30	-23	-18	-15	N/A
12/31/2021	29	-17	-14	-11	N/A
9/30/2021	27	-11	-10	-7	N/A
6/30/2021	27	-9	-8	-5	N/A
3/31/2021	27	-7	-6	-3	N/A
12/31/2020	27	-6	-5	-2	N/A
9/30/2020	26	-4	-4	-1	N/A
6/30/2020	25	-2	-2	1	N/A
3/31/2020	24	1	1	4	N/A
12/31/2019	22	0	2	4	N/A
9/30/2019	19	-1	2	4	N/A
6/30/2019	18	-1	2	4	N/A
3/31/2019	16	-1	3	4	N/A
12/31/2018	15	-1	3	4	N/A
9/30/2018	13	0	3	4	N/A
6/30/2018	12	-1	2	3	N/A
3/31/2018	11	-2	1	2	N/A
12/31/2017	9	-2	N/A	1	N/A
9/30/2017	8	-3	N/A	-1	N/A
6/30/2017	8	-5	N/A	-3	N/A
3/31/2017	6	-6	N/A	-4	N/A
12/31/2016	6	-7	N/A	-5	N/A
9/30/2016	6	-7	N/A	-5	N/A
6/30/2016	6	-7	N/A	-5	N/A
3/31/2016	5	-6	N/A	-4	N/A
12/31/2015	5	-6	N/A	-4	N/A
9/30/2015	4	-5	N/A	-3	N/A
6/30/2015	3	-4	N/A	-3	N/A
3/31/2015	2	-4	N/A	-3	N/A
12/31/2014	1	-4	N/A	-3	N/A
9/30/2014	1	-3	N/A	-2	N/A
6/30/2014	1	-2	N/A	-2	N/A
3/31/2014	0	-2	N/A	-1	N/A
12/31/2013	0	-2	N/A	-1	N/A
9/30/2013	0	-1	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TSK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: TSK is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TSK is expected to become profitable in the next 3 years.

Revenue vs Market: TSK's revenue (10.4% per year) is forecast to grow faster than the Australian market (5.6% per year).

High Growth Revenue: TSK's revenue (10.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TSK's Return on Equity is forecast to be low in 3 years time (4.9%).

TASK Group Holdings Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Task Group Holdings Limited Updates Financial Guidance for the Fiscal Year 2023

Plexure Group Limited Provides Earnings Guidance for the Year Ending 31 March 2023

Plexure Withdraws the Previous Revenue Guidance

Plexure Group Limited Revises Earnings Guidance for the Year Ended 31 March 2021

Recent updates

PAR Technology Corporation (NYSE:PAR) completed the acquisition of TASK Group Holdings Limited (ASX:TSK).

New minor risk - Shareholder dilution

PAR Technology Corporation (NYSE:PAR) completed the acquisition of TASK Group Holdings Limited (ASX:TSK).

PAR Technology Corporation (NYSE:PAR) completed the acquisition of TASK Group Holdings Limited (ASX:TSK).

Independent Non-Executive Director recently sold AU$112k worth of stock

Independent Non-Executive Director recently sold AU$3.8m worth of stock

New minor risk - Financial data availability

TASK Group Holdings Limited to Report First Half, 2025 Results on Nov 26, 2024

TASK Group Holdings Limited to Report Fiscal Year 2024 Results on May 31, 2024

Now 21% overvalued after recent price rise

PAR Technology Corporation (NYSE:PAR) agreed to acquire TASK Group Holdings Limited (ASX:TSK) for AUD 320 million

TASK Group Holdings Limited, Annual General Meeting, Nov 21, 2023

TASK Group Holdings Limited Announces Resignation of Mr. Mitchell Bowen as Non-Executive Director

High number of new and inexperienced directors

TASK Group Holdings Limited announces Appointment of Glenn Day as Group Chief Financial Officer

High number of new and inexperienced directors

High number of new and inexperienced directors

Independent Non-Executive Director recently bought AU$75k worth of stock

Full year 2023 earnings released: EPS: NZ$0.001 (vs NZ$0.091 loss in FY 2022)

Task Group Holdings Limited, Annual General Meeting, Jul 24, 2023

High number of new and inexperienced directors

Task Group Holdings Limited Updates Financial Guidance for the Fiscal Year 2023

Task Group Holdings Limited to Report First Half, 2023 Results on Nov 28, 2022

Plexure Group Limited Approves Board Changes

Plexure Group Limited Announces Board Changes

Insider recently bought AU$212k worth of stock

Plexure Group Limited Provides Earnings Guidance for the Year Ending 31 March 2023

Plexure Group Limited, Annual General Meeting, Sep 20, 2022

Plexure Group to Be Deleted from Other OTC

Full year 2022 earnings released: NZ$0.091 loss per share (vs NZ$0.052 loss in FY 2021)

Plexure Group Limited to Report Fiscal Year 2022 Results on May 30, 2022

Plexure Withdraws the Previous Revenue Guidance

First half 2022 earnings released: NZ$0.049 loss per share (vs NZ$0.031 loss in 1H 2021)

Insider recently sold AU$448k worth of stock

Insider recently sold AU$159k worth of stock

Insider recently sold AU$81k worth of stock

Plexure Group Limited (NZSE:PX1) entered into binding agreement to acquire Task Retail Pty Limited for AUD 120 million.

Full year 2021 earnings released: NZ$0.052 loss per share (vs NZ$0.007 profit in FY 2020)

Plexure Group Limited Revises Earnings Guidance for the Year Ended 31 March 2021

New 90-day low: AU$0.80

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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