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Absolute Software Past Earnings Performance

Past criteria checks 0/6

Absolute Software's earnings have been declining at an average annual rate of -59.3%, while the Software industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 19.8% per year.

Key information

-59.3%

Earnings growth rate

-57.0%

EPS growth rate

Software Industry Growth	8.2%
Revenue growth rate	19.8%
Return on equity	n/a
Net Margin	-11.6%
Last Earnings Update	31 Mar 2023

Recent past performance updates

Recent updates

An Intrinsic Calculation For Absolute Software Corporation (TSE:ABST) Suggests It's 21% Undervalued

Apr 22

Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08

Feb 01

Is There An Opportunity With Absolute Software Corporation's (TSE:ABST) 47% Undervaluation?

Jan 04

Increases to Absolute Software Corporation's (TSE:ABST) CEO Compensation Might Cool off for now

Dec 08

Is Absolute Software (TSE:ABST) Using Debt Sensibly?

Nov 13

Absolute Software (TSE:ABST) Will Pay A Dividend Of CA$0.08

Aug 06

Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of CA$0.08

Jul 23

Calculating The Intrinsic Value Of Absolute Software Corporation (TSE:ABST)

May 27

Should You Investigate Absolute Software Corporation (TSE:ABST) At CA$18.65?

Apr 28

Does Absolute Software Corporation (TSE:ABST) Have A Place In Your Dividend Portfolio?

Apr 13

Will Absolute Software (TSE:ABST) Multiply In Value Going Forward?

Mar 20

How Much Of Absolute Software Corporation (TSE:ABST) Do Institutions Own?

Mar 08

Absolute Software Corporation (TSE:ABST) Shares Could Be 29% Above Their Intrinsic Value Estimate

Feb 24

Did You Participate In Any Of Absolute Software's (TSE:ABST) Fantastic 252% Return ?

Feb 11

Revenue & Expenses Breakdown
Beta

How Absolute Software makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:ABST Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Mar 23	222	-26	126	51
31 Dec 22	215	-28	122	50
30 Sep 22	207	-26	121	48
30 Jun 22	197	-24	114	44
31 Mar 22	177	-22	102	40
31 Dec 21	155	-13	95	33
30 Sep 21	136	-6	77	28
30 Jun 21	121	4	66	23
31 Mar 21	116	9	64	23
31 Dec 20	112	9	60	23
30 Sep 20	108	10	59	21
30 Jun 20	105	11	57	19
31 Mar 20	103	10	56	19
31 Dec 19	102	11	55	19
30 Sep 19	100	10	54	19
30 Jun 19	99	8	54	20
31 Mar 19	98	8	56	20
31 Dec 18	96	7	56	20
30 Sep 18	95	5	55	20
30 Jun 18	94	3	56	21
31 Mar 18	93	-2	56	20
31 Dec 17	92	-3	57	19
30 Sep 17	92	-4	58	19
30 Jun 17	91	-5	59	17
31 Mar 17	90	-4	59	16
31 Dec 16	89	-3	58	16
30 Sep 16	87	8	58	15
30 Jun 16	89	10	58	14
31 Mar 16	90	10	58	14
31 Dec 15	93	12	57	12
30 Sep 15	94	5	56	12
30 Jun 15	94	5	55	12
31 Mar 15	94	6	54	11
31 Dec 14	94	5	53	12
30 Sep 14	92	3	53	11
30 Jun 14	91	4	52	11
31 Mar 14	90	3	51	12
31 Dec 13	86	1	50	12
30 Sep 13	85	2	49	12
30 Jun 13	83	2	49	12
31 Mar 13	81	-1	48	12
31 Dec 12	78	1	46	11
30 Sep 12	76	1	45	10

Quality Earnings: ABST is currently unprofitable.

Growing Profit Margin: ABST is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ABST is unprofitable, and losses have increased over the past 5 years at a rate of 59.3% per year.

Accelerating Growth: Unable to compare ABST's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ABST is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-6.9%).

Return on Equity

High ROE: ABST's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Return on Assets

Return on Capital Employed

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This company has been acquired

Absolute Software Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2023 earnings: EPS misses analyst expectations

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Absolute Software Corporation to Report Q2, 2023 Results on Feb 14, 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Absolute Software Corporation to Report Q1, 2023 Results on Nov 08, 2022

Full year 2022 earnings: EPS and revenues miss analyst expectations

Recent updates

Funds affiliated with Crosspoint Capital Partners, LP completed the acquisition of Absolute Software Corporation (TSX:ABST) from Edenbrook Capital, LLC and others.

Absolute Software Corporation Obtains Final Order for Plan of Arrangement from the Supreme Court of British Columbia

Absolute Software Adds Secure Web Gateway Service to Its Differentiated Security Service Edge Solution

Third quarter 2023 earnings: EPS misses analyst expectations

Funds affiliated with Crosspoint Capital Partners, LP entered into an arrangement agreement to acquire Absolute Software Corporation (TSX:ABST) for an enterprise value of approximately $870 million.

Upcoming dividend of CA$0.08 per share at 2.8% yield

An Intrinsic Calculation For Absolute Software Corporation (TSE:ABST) Suggests It's 21% Undervalued

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

CEO, President & Director exercised options to buy CA$162k worth of stock.

Insider recently sold CA$263k worth of stock

Consensus EPS estimates fall by 29%

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08

Absolute Software Corporation to Report Q2, 2023 Results on Feb 14, 2023

Upcoming dividend of CA$0.08 per share at 2.0% yield

Absolute Software Corporation Declares Quarterly Dividend, Payable on February 23, 2023

Is There An Opportunity With Absolute Software Corporation's (TSE:ABST) 47% Undervaluation?

Insider exercised options to buy CA$870k worth of stock.

Absolute Software Unveils New Product Innovations for Resilient Zero Trust

CEO, President & Director exercised options to buy CA$313k worth of stock.

Consensus forecasts updated

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Absolute Software Corporation Reaffirms Earnings Guidance for the Fiscal Year Ending June 30, 2023

Upcoming dividend of CA$0.08 per share

Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08

Absolute Software Corporation Appoints of Jim Lejeal as Chief Financial Officer

Absolute Software's (TSE:ABST) Dividend Will Be $0.08

Absolute Software Declares Quarterly Dividend, Payable on November 25, 2022

Absolute Software Corporation to Report Q1, 2023 Results on Nov 08, 2022

Absolute Software Announces Management Changes

Absolute Software Announces Alice Hansen as New Chief Marketing Officer

Insider exercised options to buy CA$2.7m worth of stock.

CEO, President & Director exercised options to buy CA$332k worth of stock.

Absolute Software Corporation, Annual General Meeting, Dec 07, 2022

Consensus forecasts updated

Full year 2022 earnings: EPS and revenues miss analyst expectations

Absolute Software Corporation Bolsters Secure Endpoint Portfolio with New Resilience and Intelligence Capabilities

Upcoming dividend of CA$0.08 per share

Absolute Software (TSE:ABST) Is Paying Out A Dividend Of $0.08

Absolute Software Corporation Declares Quarterly Dividend, Payable on August 26, 2022

Absolute Software Corporation to Report Q4, 2022 Results on Aug 23, 2022

Absolute Software Adds Ivanti Neurons to Application Persistence Ecosystem

Consensus forecasts updated

Third quarter 2022 earnings: EPS misses analyst expectations

Upcoming dividend of CA$0.08 per share

Absolute Software's (TSE:ABST) Dividend Will Be CA$0.08

High number of new directors

Absolute Software Corporation Declares Quarterly Dividend, Payable on May 25, 2022

Absolute Software Introduces Ransomware Response Offering

Absolute Software Corporation to Report Q3, 2022 Results on May 10, 2022

Absolute Software Corporation Unveils Advances in Resilient Zero Trust Security

Absolute Software Delivers Unparalleled Device and Network Intelligence with New Product Innovations

Is Absolute Software (TSE:ABST) Using Debt Sensibly?

CEO, President & Director exercised options to buy CA$1.9m worth of stock.

Absolute Software Corporation Completes System and Organization Controls Type 1 Certification for NetMotion Platform

Consensus forecasts updated

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Absolute Software Corporation Declares Quarterly Dividend, Payable in Cash on February 25, 2022

Absolute Software Achieves Common Criteria Certification

Upcoming dividend of CA$0.08 per share

Absolute Software (TSE:ABST) Is Due To Pay A Dividend Of CA$0.08

Increases to Absolute Software Corporation's (TSE:ABST) CEO Compensation Might Cool off for now

Absolute Software Introduces New Resilience for Student Devices Offering

Independent Chairman recently bought CA$124k worth of stock

Is Absolute Software (TSE:ABST) Using Debt Sensibly?

First quarter 2022 earnings released: US$0.15 loss per share (vs US$0.061 profit in 1Q 2021)

Absolute Software Announces General Availability of Enhanced Geolocation Capabilities

Revenue & Expenses Breakdown
Beta