Sirma Group Holding AD

BUL:SGH Stock Report

Market Cap: лв81.1m

Sirma Group Holding AD Past Earnings Performance

Past criteria checks 2/6

Sirma Group Holding AD's earnings have been declining at an average annual rate of -32.4%, while the IT industry saw earnings growing at 10.6% annually. Revenues have been growing at an average rate of 12.8% per year. Sirma Group Holding AD's return on equity is 2.5%, and it has net margins of 0.9%.

Key information

-32.39%

Earnings growth rate

-32.31%

EPS growth rate

IT Industry Growth15.31%
Revenue growth rate12.81%
Return on equity2.46%
Net Margin0.89%
Last Earnings Update30 Jun 2025

Recent past performance updates

Recent updates

Sirma Group Holding AD (BUL:SGH) Stock Rockets 36% But Many Are Still Ignoring The Company

May 22
Sirma Group Holding AD (BUL:SGH) Stock Rockets 36% But Many Are Still Ignoring The Company

Does Sirma Group Holding AD (BUL:SGH) Have A Healthy Balance Sheet?

May 09
Does Sirma Group Holding AD (BUL:SGH) Have A Healthy Balance Sheet?

A Piece Of The Puzzle Missing From Sirma Group Holding AD's (BUL:SGH) 26% Share Price Climb

Jun 05
A Piece Of The Puzzle Missing From Sirma Group Holding AD's (BUL:SGH) 26% Share Price Climb

Sirma Group Holding AD (BUL:SGH) Is Looking To Continue Growing Its Returns On Capital

May 18
Sirma Group Holding AD (BUL:SGH) Is Looking To Continue Growing Its Returns On Capital

Sirma Group Holding AD (BUL:SGH) Is Reinvesting At Lower Rates Of Return

Feb 16
Sirma Group Holding AD (BUL:SGH) Is Reinvesting At Lower Rates Of Return

Sirma Group Holding AD's (BUL:SGH) Returns On Capital Not Reflecting Well On The Business

Mar 23
Sirma Group Holding AD's (BUL:SGH) Returns On Capital Not Reflecting Well On The Business

These 4 Measures Indicate That Sirma Group Holding AD (BUL:SKK) Is Using Debt Extensively

Feb 14
These 4 Measures Indicate That Sirma Group Holding AD (BUL:SKK) Is Using Debt Extensively

Has Sirma Group Holding AD (BUL:SKK) Got What It Takes To Become A Multi-Bagger?

Dec 17
Has Sirma Group Holding AD (BUL:SKK) Got What It Takes To Become A Multi-Bagger?

Revenue & Expenses Breakdown

How Sirma Group Holding AD makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BUL:SGH Revenue, expenses and earnings (BGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 251131150
31 Mar 251090150
31 Dec 241001130
30 Sep 2484-4130
30 Jun 2484-2130
31 Mar 2486-2130
31 Dec 2381-2120
30 Sep 2381-7120
30 Jun 2382-14120
31 Mar 2378-13120
31 Dec 2279-12130
30 Sep 2275-5140
30 Jun 22714120
31 Mar 22665100
31 Dec 21614100
30 Sep 2161490
30 Jun 2158390
31 Mar 21573100
31 Dec 2057480
30 Sep 20633320
30 Jun 20614320
31 Mar 20604330
31 Dec 19614340
30 Sep 19687280
30 Jun 19598190
31 Mar 19637290
31 Dec 18596300
30 Sep 18436130
30 Jun 18585290
31 Mar 18545220
31 Dec 17524230
30 Sep 17503230
30 Jun 17473160
31 Mar 17433120
31 Dec 1641290
30 Sep 1638280
30 Jun 1633170
31 Mar 1633270
31 Dec 1532270
30 Sep 1529140
31 Mar 1529740
31 Dec 1428740

Quality Earnings: SGH has high quality earnings.

Growing Profit Margin: SGH became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SGH's earnings have declined by 32.4% per year over the past 5 years.

Accelerating Growth: SGH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SGH has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (-2.4%).


Return on Equity

High ROE: SGH's Return on Equity (2.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/05 12:23
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Sirma Group Holding AD is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullWood & Company
Pawel WieprzowskiWood & Company