Sirma Group JSC

BUL:SIRM Stock Report

Market Cap: €44.7m

Sirma Group JSC Past Earnings Performance

Past criteria checks 4/6

Sirma Group JSC's earnings have been declining at an average annual rate of -1.6%, while the IT industry saw earnings growing at 8% annually. Revenues have been growing at an average rate of 16.5% per year. Sirma Group JSC's return on equity is 5.2%, and it has net margins of 2.1%.

Key information

-1.57%

Earnings growth rate

-1.37%

EPS growth rate

IT Industry Growth15.31%
Revenue growth rate16.45%
Return on equity5.18%
Net Margin2.05%
Next Earnings Update30 Jul 2026

Recent past performance updates

Recent updates

New Narrative May 01

European Regulatory Demand And Sector Expertise Will Support Long Term AI Opportunities

Catalysts About Sirma Group Holding AD Sirma Group Holding AD is a European technology group focused on AI enabled enterprise transformation, IT services, software and sector specific solutions. What are the underlying business or industry changes driving this perspective?
Analysis Article Oct 22

Sirma Group Holding AD (BUL:SGH) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 22

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

Despite an already strong run, Sirma Group Holding AD ( BUL:SGH ) shares have been powering on, with a gain of 36% in...
Analysis Article May 09

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article 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 ) shareholders have had their patience rewarded with a 26% share price jump in the...
Analysis Article May 18

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

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Feb 16

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

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Mar 23

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

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Feb 14

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Dec 17

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

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...

Revenue & Expenses Breakdown

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


Earnings and Revenue History

BUL:SIRM Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26691120
31 Dec 25661110
30 Sep 2562290
30 Jun 2558180
31 Mar 2555080
31 Dec 2451070
30 Sep 2443-270
30 Jun 2443-170
31 Mar 2444-170
31 Dec 2341-160
30 Sep 2342-360
30 Jun 2342-760
31 Mar 2340-760
31 Dec 2240-660
30 Sep 2239-270
30 Jun 2236260
31 Mar 2234350
31 Dec 2131250
30 Sep 2131250
30 Jun 2130250
31 Mar 2129150
31 Dec 2029240
30 Sep 20321160
30 Jun 20312160
31 Mar 20312170
31 Dec 19312170
30 Sep 19354140
30 Jun 19304100
31 Mar 19324150
31 Dec 18303150
30 Sep 1822370
30 Jun 18303150
31 Mar 18282110
31 Dec 17272120
30 Sep 17261120
30 Jun 1724180
31 Mar 1722160
31 Dec 1621140
30 Sep 1619140
30 Jun 1617140
31 Mar 1617140
31 Dec 1516140
30 Sep 1515020

Quality Earnings: SIRM has high quality earnings.

Growing Profit Margin: SIRM's current net profit margins (2.1%) are higher than last year (0.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SIRM's earnings have declined by 1.6% per year over the past 5 years.

Accelerating Growth: SIRM's earnings growth over the past year (861.4%) exceeds its 5-year average (-1.6% per year).

Earnings vs Industry: SIRM earnings growth over the past year (861.4%) exceeded the IT industry -1.3%.


Return on Equity

High ROE: SIRM's Return on Equity (5.2%) 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 Analysis2026/07/10 00:56
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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 JSC is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kai KindermannMontega AG
null nullWood & Company
Pawel WieprzowskiWood & Company