This company has been acquired
Magnet Forensics Past Earnings Performance
Past criteria checks 1/6
Key information
6.97%
Earnings growth rate
5.92%
EPS growth rate
| Software Industry Growth | 8.18% |
| Revenue growth rate | 29.42% |
| Return on equity | 3.60% |
| Net Margin | 3.70% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
Recent updates
Capital Allocation Trends At Magnet Forensics (TSE:MAGT) Aren't Ideal
Jan 03
Magnet Forensics Inc. (TSE:MAGT) Shares Could Be 46% Below Their Intrinsic Value Estimate
Oct 30Returns On Capital Are Showing Encouraging Signs At Magnet Forensics (TSE:MAGT)
Sep 21Is There An Opportunity With Magnet Forensics Inc.'s (TSE:MAGT) 28% Undervaluation?
May 09More Unpleasant Surprises Could Be In Store For Magnet Forensics Inc.'s (TSE:MAGT) Shares After Tumbling 25%
Jan 28A Look At The Intrinsic Value Of Magnet Forensics Inc. (TSE:MAGT)
Jan 11Revenue & Expenses Breakdown
How Magnet Forensics 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 22 | 99 | 4 | 50 | 32 |
| 30 Sep 22 | 89 | 0 | 49 | 30 |
| 30 Jun 22 | 82 | 1 | 46 | 27 |
| 31 Mar 22 | 75 | 4 | 38 | 23 |
| 31 Dec 21 | 70 | 7 | 32 | 20 |
| 30 Sep 21 | 64 | 11 | 30 | 17 |
| 30 Jun 21 | 59 | 11 | 25 | 15 |
| 31 Mar 21 | 54 | 12 | 22 | 13 |
| 31 Dec 20 | 51 | 11 | 22 | 14 |
| 31 Dec 19 | 39 | 1 | 21 | 14 |
| 31 Dec 18 | 27 | -1 | 17 | 10 |
Quality Earnings: MAGT has a large one-off loss of $4.9M impacting its last 12 months of financial results to December 31 2022.
Growing Profit Margin: MAGT's current net profit margins (3.7%) are lower than last year (10.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MAGT's earnings have grown by 7% per year over the past 5 years.
Accelerating Growth: MAGT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MAGT had negative earnings growth (-50.1%) over the past year, making it difficult to compare to the Software industry average (13.3%).
Return on Equity
High ROE: MAGT's Return on Equity (3.6%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/04/06 13:37 |
| End of Day Share Price | 2023/04/06 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Magnet Forensics Inc. is covered by 6 analysts. 5 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 |
|---|---|
| Thanos Moschopoulos | BMO Capital Markets Equity Research |
| Douglas Taylor | Canaccord Genuity |
| Stephanie Price | CIBC Capital Markets |