Glory View Technology Past Earnings Performance
Past criteria checks 0/6
Glory View Technology's earnings have been declining at an average annual rate of -2.8%, while the Software industry saw earnings declining at 3.2% annually. Revenues have been declining at an average rate of 1.5% per year. Glory View Technology's return on equity is 2.5%, and it has net margins of 4.3%.
Key information
-2.8%
Earnings growth rate
-10.3%
EPS growth rate
| Software Industry Growth | 4.6% |
| Revenue growth rate | -1.5% |
| Return on equity | 2.5% |
| Net Margin | 4.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Glory View Technology 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 Mar 24 | 753 | 32 | 61 | 51 |
| 31 Dec 23 | 771 | 42 | 57 | 51 |
| 30 Jun 23 | 749 | 57 | 99 | 44 |
| 31 Mar 23 | 764 | 69 | 89 | 46 |
| 31 Dec 22 | 746 | 63 | 87 | 44 |
| 01 Jan 22 | 731 | 88 | 69 | 31 |
| 31 Dec 20 | 567 | 65 | 44 | 19 |
| 31 Dec 19 | 402 | 35 | 39 | 19 |
| 31 Dec 18 | 376 | 24 | 36 | 17 |
| 30 Jun 17 | 235 | 13 | 37 | 0 |
| 31 Mar 17 | 229 | 12 | 36 | 0 |
| 31 Dec 16 | 223 | 11 | 35 | 0 |
| 30 Sep 16 | 209 | 8 | 33 | 0 |
| 30 Jun 16 | 196 | 5 | 30 | 0 |
| 31 Mar 16 | 176 | 4 | 29 | 0 |
| 31 Dec 15 | 156 | 4 | 28 | 0 |
Quality Earnings: 301396 has a high level of non-cash earnings.
Growing Profit Margin: 301396's current net profit margins (4.3%) are lower than last year (9.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301396's earnings have declined by 2.8% per year over the past 5 years.
Accelerating Growth: 301396's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301396 had negative earnings growth (-53.6%) over the past year, making it difficult to compare to the Software industry average (0.7%).
Return on Equity
High ROE: 301396's Return on Equity (2.5%) is considered low.