Torrent Capital Past Earnings Performance
Past criteria checks 2/6
Torrent Capital's earnings have been declining at an average annual rate of -43.8%, while the Capital Markets industry saw earnings growing at 5.6% annually. Revenues have been declining at an average rate of 43.3% per year. Torrent Capital's return on equity is 5.6%, and it has net margins of 59.4%.
Key information
-43.8%
Earnings growth rate
-43.8%
EPS growth rate
| Capital Markets Industry Growth | 12.1% |
| Revenue growth rate | -43.3% |
| Return on equity | 5.6% |
| Net Margin | 59.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Revenue & Expenses Breakdown
How Torrent Capital 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 |
|---|---|---|---|---|
| 30 Sep 24 | 2 | 1 | 1 | 0 |
| 30 Jun 24 | -1 | -2 | 1 | 0 |
| 31 Mar 24 | -2 | -2 | 1 | 0 |
| 31 Dec 23 | -6 | -6 | 1 | 0 |
| 30 Sep 23 | -2 | -3 | 1 | 0 |
| 30 Jun 23 | -2 | -3 | 1 | 0 |
| 31 Mar 23 | -5 | -6 | 1 | 0 |
| 31 Dec 22 | -6 | -6 | 1 | 0 |
| 30 Sep 22 | -11 | -10 | 1 | 0 |
| 30 Jun 22 | -8 | -8 | 1 | 0 |
| 31 Mar 22 | -6 | -6 | 1 | 0 |
| 31 Dec 21 | 3 | 2 | 2 | 0 |
| 30 Sep 21 | 9 | 6 | 2 | 0 |
| 30 Jun 21 | 14 | 10 | 2 | 0 |
| 31 Mar 21 | 24 | 19 | 2 | 0 |
| 31 Dec 20 | 15 | 11 | 2 | 0 |
| 30 Sep 20 | 13 | 10 | 1 | 0 |
| 30 Jun 20 | 8 | 7 | 1 | 0 |
| 31 Mar 20 | 1 | 1 | 1 | 0 |
| 31 Dec 19 | 5 | 4 | 1 | 0 |
| 30 Sep 19 | 1 | 0 | 1 | 0 |
| 30 Jun 19 | 5 | 4 | 1 | 0 |
| 31 Mar 19 | 6 | 5 | 1 | 0 |
| 31 Dec 18 | 4 | 3 | 1 | 0 |
| 30 Sep 18 | 7 | 6 | 0 | 0 |
| 30 Jun 18 | 1 | 0 | 1 | 0 |
| 31 Mar 18 | 0 | -1 | 1 | 0 |
| 31 Dec 17 | 2 | 1 | 1 | 0 |
| 30 Sep 17 | 0 | -1 | 0 | 0 |
| 30 Jun 17 | 0 | -1 | 0 | 0 |
| 31 Mar 17 | 0 | -1 | 0 | 0 |
| 31 Dec 16 | 0 | 0 | 0 | 0 |
| 30 Sep 16 | 0 | 1 | 0 | 0 |
| 30 Jun 16 | 0 | 1 | 0 | 0 |
| 31 Mar 16 | 0 | 1 | 0 | 0 |
| 31 Dec 15 | 0 | 0 | 0 | 0 |
| 30 Sep 15 | 0 | 0 | 0 | 0 |
| 30 Jun 15 | 0 | 0 | 0 | 0 |
| 31 Mar 15 | 0 | 0 | 0 | 0 |
| 31 Dec 14 | 0 | 0 | 0 | 0 |
| 30 Sep 14 | 0 | 0 | 1 | 0 |
| 30 Jun 14 | 0 | 0 | 1 | 0 |
| 31 Mar 14 | 0 | -1 | 1 | 0 |
Quality Earnings: TORR has high quality earnings.
Growing Profit Margin: TORR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TORR's earnings have declined by 43.8% per year over the past 5 years.
Accelerating Growth: TORR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TORR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (2.1%).
Return on Equity
High ROE: TORR's Return on Equity (5.6%) is considered low.