Neogrid Participações Past Earnings Performance
Past criteria checks 0/6
Neogrid Participações's earnings have been declining at an average annual rate of -7.6%, while the Software industry saw earnings growing at 14.1% annually. Revenues have been growing at an average rate of 8.7% per year. Neogrid Participações's return on equity is 0.2%, and it has net margins of 1%.
Key information
-7.6%
Earnings growth rate
-15.2%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 8.7% |
| Return on equity | 0.2% |
| Net Margin | 1.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Be Wary Of Neogrid Participações (BVMF:NGRD3) And Its Returns On Capital
Apr 12
Returns On Capital Signal Tricky Times Ahead For Neogrid Participações (BVMF:NGRD3)
Oct 04Neogrid Participações' (BVMF:NGRD3) Returns On Capital Not Reflecting Well On The Business
Jul 01Neogrid Participações' (BVMF:NGRD3) Returns On Capital Not Reflecting Well On The Business
Mar 29With Neogrid Participações S.A. (BVMF:NGRD3) It Looks Like You'll Get What You Pay For
Aug 01Neogrid Participações' (BVMF:NGRD3) Robust Earnings Are Supported By Other Strong Factors
Apr 05Do Institutions Own Neogrid Participações S.A. (BVMF:NGRD3) Shares?
Mar 17Revenue & Expenses BreakdownBeta
How Neogrid Participações 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 | 268 | 3 | 120 | 50 |
| 30 Sep 23 | 271 | 9 | 115 | 52 |
| 30 Jun 23 | 273 | 12 | 118 | 52 |
| 31 Mar 23 | 271 | 14 | 117 | 52 |
| 31 Dec 22 | 266 | 14 | 116 | 52 |
| 30 Sep 22 | 263 | 2 | 117 | 44 |
| 30 Jun 22 | 257 | 2 | 109 | 44 |
| 31 Mar 22 | 252 | 12 | 100 | 44 |
| 31 Dec 21 | 246 | 15 | 89 | 44 |
| 30 Sep 21 | 237 | 21 | 123 | 0 |
| 30 Jun 21 | 229 | 23 | 112 | 0 |
| 31 Mar 21 | 220 | 16 | 107 | 0 |
| 31 Dec 20 | 213 | 12 | 104 | 0 |
| 30 Sep 20 | 206 | 10 | 95 | 8 |
| 30 Jun 20 | 204 | 10 | 91 | 15 |
| 31 Mar 20 | 206 | 10 | 87 | 25 |
| 31 Dec 19 | 207 | 9 | 116 | 0 |
| 31 Dec 18 | 177 | 12 | 75 | 18 |
| 31 Dec 17 | 164 | 8 | 73 | 20 |
| 31 Dec 16 | 167 | -25 | 70 | 14 |
| 31 Dec 15 | 164 | 0 | 67 | 16 |
| 31 Dec 14 | 140 | 2 | 59 | 17 |
| 31 Dec 13 | 110 | -7 | 55 | 15 |
Quality Earnings: NGRD3 has a large one-off gain of R$10.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: NGRD3's current net profit margins (1%) are lower than last year (5.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NGRD3's earnings have declined by 7.6% per year over the past 5 years.
Accelerating Growth: NGRD3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NGRD3 had negative earnings growth (-81.6%) over the past year, making it difficult to compare to the Software industry average (13.9%).
Return on Equity
High ROE: NGRD3's Return on Equity (0.2%) is considered low.