Acceleware Past Earnings Performance

Past criteria checks 3/6

Acceleware's earnings have been declining at an average annual rate of -6%, while the Software industry saw earnings growing at 29.6% annually. Revenues have been declining at an average rate of 14.4% per year.

Key information

-6.0%

Earnings growth rate

-5.1%

EPS growth rate

Software Industry Growth8.2%
Revenue growth rate-14.4%
Return on equityn/a
Net Margin52.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Companies Like Acceleware (CVE:AXE) Can Afford To Invest In Growth

Nov 05
Companies Like Acceleware (CVE:AXE) Can Afford To Invest In Growth

Here's Why We're Not At All Concerned With Acceleware's (CVE:AXE) Cash Burn Situation

Jul 09
Here's Why We're Not At All Concerned With Acceleware's (CVE:AXE) Cash Burn Situation

Here's Why We're Not Too Worried About Acceleware's (CVE:AXE) Cash Burn Situation

Feb 17
Here's Why We're Not Too Worried About Acceleware's (CVE:AXE) Cash Burn Situation

Revenue & Expenses Breakdown

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


Earnings and Revenue History

TSXV:AXE Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24322-1
30 Jun 242020
31 Mar 240-320
31 Dec 230-220
30 Sep 230-422
30 Jun 230-422
31 Mar 230-322
31 Dec 220-523
30 Sep 220-624
30 Jun 221-625
31 Mar 221-524
31 Dec 211-423
30 Sep 211-322
30 Jun 211-321
31 Mar 211-221
31 Dec 201-221
30 Sep 201-221
30 Jun 201-221
31 Mar 201-221
31 Dec 191-221
30 Sep 195231
30 Jun 195121
31 Mar 195122
31 Dec 184022
30 Sep 181-322
30 Jun 181-322
31 Mar 181-322
31 Dec 171-322
30 Sep 171-322
30 Jun 171-222
31 Mar 171-221
31 Dec 161-211
30 Sep 162-121
30 Jun 163011
31 Mar 163011
31 Dec 153011
30 Sep 153011
30 Jun 152-111
31 Mar 152011
31 Dec 143011
30 Sep 142011
30 Jun 143-111
31 Mar 143-111

Quality Earnings: AXE has high quality earnings.

Growing Profit Margin: AXE became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: AXE has become profitable over the past 5 years, growing earnings by -6% per year.

Accelerating Growth: AXE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AXE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (23.9%).


Return on Equity

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


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 12:24
End of Day Share Price 2025/01/09 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Acceleware Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Siddharth RajeevFundamental Research Corp.
Jim PowellNorthern Securities