Plank Ventures Past Earnings Performance
Past criteria checks 2/6
Plank Ventures's earnings have been declining at an average annual rate of -21.7%, while the Software industry saw earnings growing at 10.5% annually. Revenues have been growing at an average rate of 48.9% per year. Plank Ventures's return on equity is 11.3%, and it has net margins of 7.7%.
Key information
-21.7%
Earnings growth rate
-20.4%
EPS growth rate
| Software Industry Growth | 8.2% |
| Revenue growth rate | 48.9% |
| Return on equity | 11.3% |
| Net Margin | 7.7% |
| Last Earnings Update | 31 Jan 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Plank Ventures 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 Jan 24 | 5 | 0 | 5 | 0 |
| 31 Oct 23 | 5 | 0 | 5 | 0 |
| 31 Jul 23 | 5 | 0 | 5 | 0 |
| 30 Apr 23 | 5 | -2 | 5 | 0 |
| 31 Jan 23 | 5 | -2 | 4 | 0 |
| 31 Oct 22 | 5 | -2 | 4 | 0 |
| 31 Jul 22 | 4 | -1 | 4 | 0 |
| 30 Apr 22 | 4 | -8 | 4 | 0 |
| 31 Jan 22 | 4 | -7 | 3 | 0 |
| 31 Oct 21 | 3 | -7 | 3 | 0 |
| 31 Jul 21 | 3 | -1 | 3 | 0 |
| 30 Apr 21 | 3 | 7 | 4 | 0 |
| 31 Jan 21 | 2 | 6 | 3 | 0 |
| 31 Oct 20 | 2 | 7 | 2 | 0 |
| 31 Jul 20 | 1 | 0 | 2 | 0 |
| 30 Apr 20 | 0 | -1 | 0 | 0 |
| 31 Jan 20 | 0 | -1 | 0 | 0 |
| 31 Oct 19 | 0 | 0 | 0 | 0 |
| 31 Jul 19 | 0 | 0 | 0 | 0 |
| 30 Apr 19 | 0 | 0 | 0 | 0 |
| 31 Jan 19 | 0 | 0 | 0 | 0 |
| 31 Oct 18 | 0 | 0 | 0 | 0 |
Quality Earnings: PLNK has a large one-off gain of CA$2.0M impacting its last 12 months of financial results to 31st January, 2024.
Growing Profit Margin: PLNK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PLNK has become profitable over the past 5 years, growing earnings by -21.7% per year.
Accelerating Growth: PLNK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PLNK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (12.1%).
Return on Equity
High ROE: PLNK's Return on Equity (11.3%) is considered low.