Close the Loop Past Earnings Performance
Past criteria checks 2/6
Close the Loop has been growing earnings at an average annual rate of 56.6%, while the Commercial Services industry saw earnings growing at 26% annually. Revenues have been growing at an average rate of 41.9% per year. Close the Loop's return on equity is 7.9%, and it has net margins of 5.1%.
Key information
56.6%
Earnings growth rate
61.5%
EPS growth rate
| Commercial Services Industry Growth | 9.7% |
| Revenue growth rate | 41.9% |
| Return on equity | 7.9% |
| Net Margin | 5.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Close the Loop 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 |
|---|---|---|---|---|
| 30 Jun 24 | 213 | 11 | 41 | 0 |
| 31 Mar 24 | 197 | 12 | 36 | 0 |
| 31 Dec 23 | 180 | 13 | 32 | 0 |
| 30 Sep 23 | 158 | 13 | 29 | 0 |
| 30 Jun 23 | 136 | 12 | 25 | 0 |
| 31 Mar 23 | 122 | 10 | 22 | 0 |
| 31 Dec 22 | 108 | 8 | 18 | 0 |
| 30 Sep 22 | 89 | 6 | 14 | 0 |
| 30 Jun 22 | 70 | 5 | 11 | 0 |
| 31 Mar 22 | 52 | 4 | 9 | 0 |
| 31 Dec 21 | 34 | 3 | 7 | 0 |
| 30 Sep 21 | 30 | 4 | 5 | 0 |
| 30 Jun 21 | 27 | 4 | 4 | 0 |
| 30 Jun 20 | 33 | -4 | 11 | 1 |
| 30 Jun 19 | 35 | -10 | 12 | 1 |
| 30 Jun 18 | 34 | 1 | 12 | 1 |
| 30 Jun 17 | 33 | 2 | 10 | 1 |
| 30 Jun 16 | 29 | 1 | 8 | 1 |
| 30 Jun 15 | 27 | 3 | 5 | 1 |
| 30 Jun 14 | 25 | 2 | 5 | 1 |
Quality Earnings: GI5 has high quality earnings.
Growing Profit Margin: GI5's current net profit margins (5.1%) are lower than last year (8.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GI5 has become profitable over the past 5 years, growing earnings by 56.6% per year.
Accelerating Growth: GI5's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GI5 had negative earnings growth (-9.6%) over the past year, making it difficult to compare to the Commercial Services industry average (17.7%).
Return on Equity
High ROE: GI5's Return on Equity (7.9%) is considered low.