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Stingray Group Past Earnings Performance
Past criteria checks 1/6
Stingray Group's earnings have been declining at an average annual rate of -11.2%, while the Media industry saw earnings growing at 5.2% annually. Revenues have been growing at an average rate of 10.4% per year. Stingray Group's return on equity is 15.3%, and it has net margins of 10.2%.
Key information
-11.17%
Earnings growth rate
-9.61%
EPS growth rate
| Media Industry Growth | 23.60% |
| Revenue growth rate | 10.44% |
| Return on equity | 15.33% |
| Net Margin | 10.17% |
| Last Earnings Update | 31 Dec 2025 |
Recent past performance updates
Recent updates
What Does Stingray Group Inc.'s (TSE:RAY.A) Share Price Indicate?
Stingray Group Inc. ( TSE:RAY.A ), is not the largest company out there, but it saw a significant share price rise of...Why Investors Shouldn't Be Surprised By Stingray Group Inc.'s (TSE:RAY.A) 27% Share Price Surge
Stingray Group Inc. ( TSE:RAY.A ) shares have continued their recent momentum with a 27% gain in the last month alone...
FAST Channels And Streaming Partnerships Will Unlock Future Value
Key Takeaways Expansion into streaming, premium ad networks, and strategic partnerships positions Stingray for strong top-line and recurring revenue growth amid industry shifts. New default channel integrations, B2B retail media growth, and targeted acquisitions increase revenue streams, margin potential, and international scalability.There Could Be A Chance Stingray Group Inc.'s (TSE:RAY.A) CEO Will Have Their Compensation Increased
Key Insights Stingray Group to hold its Annual General Meeting on 6th of August Total pay for CEO Eric Boyko includes...After Leaping 26% Stingray Group Inc. (TSE:RAY.A) Shares Are Not Flying Under The Radar
Stingray Group Inc. ( TSE:RAY.A ) shares have had a really impressive month, gaining 26% after a shaky period...Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Stingray Group Inc. ( TSE:RAY.A ) has announced that it will pay a dividend of CA$0.075 per share on the 13th of June...Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Stingray Group Inc. ( TSE:RAY.A ) will pay a dividend of CA$0.075 on the 13th of June. This means that the annual...Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
The board of Stingray Group Inc. ( TSE:RAY.A ) has announced that it will pay a dividend on the 13th of December, with...Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Stingray Group Inc.'s ( TSE:RAY.A ) investors are due to receive a payment of CA$0.075 per share on 13th of September...Does Stingray Group (TSE:RAY.A) 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...Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075
The board of Stingray Group Inc. ( TSE:RAY.A ) has announced that it will pay a dividend on the 14th of June, with...Revenue & Expenses Breakdown
How Stingray Group 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 25 | 430 | 44 | 0 | 0 |
| 30 Sep 25 | 413 | 52 | 0 | 0 |
| 30 Jun 25 | 393 | 46 | 0 | 0 |
| 31 Mar 25 | 387 | 36 | 0 | 0 |
| 31 Dec 24 | 375 | -18 | 0 | 0 |
| 30 Sep 24 | 367 | -24 | 0 | 0 |
| 30 Jun 24 | 356 | -21 | 0 | 0 |
| 31 Mar 24 | 345 | -14 | 0 | 0 |
| 31 Dec 23 | 341 | 37 | 0 | 0 |
| 30 Sep 23 | 330 | 41 | 0 | 0 |
| 30 Jun 23 | 325 | 35 | 0 | 0 |
| 31 Mar 23 | 324 | 30 | 0 | 0 |
| 31 Dec 22 | 318 | 30 | 0 | 0 |
| 30 Sep 22 | 303 | 30 | 0 | 0 |
| 30 Jun 22 | 297 | 38 | 0 | 0 |
| 31 Mar 22 | 283 | 33 | 0 | 0 |
| 31 Dec 21 | 269 | 41 | 0 | 0 |
| 30 Sep 21 | 266 | 42 | 0 | 0 |
| 30 Jun 21 | 260 | 42 | 0 | 0 |
| 31 Mar 21 | 248 | 45 | 0 | 0 |
| 31 Dec 20 | 258 | 25 | 0 | 0 |
| 30 Sep 20 | 266 | 19 | 0 | 0 |
| 30 Jun 20 | 279 | 12 | 0 | 0 |
| 31 Mar 20 | 307 | 14 | 0 | 0 |
| 31 Dec 19 | 311 | 26 | 0 | 0 |
| 30 Sep 19 | 301 | 0 | 0 | 0 |
| 30 Jun 19 | 259 | -4 | 0 | 0 |
| 31 Mar 19 | 213 | -12 | 0 | 0 |
| 31 Dec 18 | 174 | -11 | 0 | 0 |
| 30 Sep 18 | 138 | 8 | -22 | -6 |
| 30 Jun 18 | 135 | 3 | -9 | -3 |
| 31 Mar 18 | 130 | 2 | 0 | 0 |
| 31 Dec 17 | 122 | 2 | 9 | 2 |
| 30 Sep 17 | 113 | 4 | 39 | 10 |
| 30 Jun 17 | 107 | 9 | 33 | 10 |
| 31 Mar 17 | 102 | 11 | 31 | 9 |
| 31 Dec 16 | 101 | 9 | 29 | 9 |
| 30 Sep 16 | 98 | 10 | 27 | 9 |
| 30 Jun 16 | 95 | 18 | 25 | 8 |
| 31 Mar 16 | 90 | 14 | 23 | 8 |
| 31 Dec 15 | 84 | 13 | 20 | 7 |
| 30 Sep 15 | 79 | 11 | 18 | 7 |
| 30 Jun 15 | 75 | 4 | 17 | 6 |
| 31 Mar 15 | 71 | 7 | 18 | 6 |
Quality Earnings: RAY.A has a large one-off loss of CA$16.4M impacting its last 12 months of financial results to 31st December, 2025.
Growing Profit Margin: RAY.A became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RAY.A's earnings have declined by 11.2% per year over the past 5 years.
Accelerating Growth: RAY.A has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RAY.A has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (-1.9%).
Return on Equity
High ROE: RAY.A's Return on Equity (15.3%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/16 03:34 |
| End of Day Share Price | 2026/02/12 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Stingray Group Inc. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David McFadgen | ATB Cormark |
| Tim Casey | BMO Capital Markets Equity Research |
| Aravinda Galappatthige | Canaccord Genuity |