Finseta Past Earnings Performance
Past criteria checks 2/6
Finseta's earnings have been declining at an average annual rate of -16.8%, while the Diversified Financial industry saw earnings growing at 2.7% annually. Revenues have been growing at an average rate of 44.7% per year. Finseta's return on equity is 128.9%, and it has net margins of 22.1%.
Key information
-16.8%
Earnings growth rate
-0.8%
EPS growth rate
| Diversified Financial Industry Growth | 9.1% |
| Revenue growth rate | 44.7% |
| Return on equity | 128.9% |
| Net Margin | 22.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Finseta 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 23 | 10 | 2 | 5 | 0 |
| 30 Sep 23 | 8 | 0 | 6 | 0 |
| 30 Jun 23 | 7 | -3 | 6 | 0 |
| 31 Mar 23 | 6 | -4 | 7 | 0 |
| 31 Dec 22 | 5 | -6 | 8 | 0 |
| 30 Sep 22 | 4 | -6 | 8 | 0 |
| 30 Jun 22 | 3 | -6 | 7 | 0 |
| 31 Mar 22 | 3 | -5 | 6 | 0 |
| 31 Dec 21 | 2 | -4 | 5 | 0 |
| 30 Sep 21 | 2 | -3 | 3 | 0 |
| 30 Jun 21 | 2 | -3 | 2 | 0 |
| 31 Mar 21 | 2 | -2 | 2 | 0 |
| 31 Dec 20 | 2 | -2 | 2 | 0 |
| 30 Jun 20 | 2 | -1 | 1 | 0 |
| 31 Mar 20 | 2 | 0 | 1 | 0 |
| 31 Dec 19 | 2 | 0 | 1 | 0 |
| 31 Mar 19 | 1 | 0 | 1 | 0 |
| 31 Mar 18 | 1 | 0 | 1 | 0 |
| 31 Mar 17 | 1 | 0 | 0 | 0 |
Quality Earnings: 90W has a high level of non-cash earnings.
Growing Profit Margin: 90W became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 90W has become profitable over the past 5 years, growing earnings by -16.8% per year.
Accelerating Growth: 90W has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 90W has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (-10.7%).
Return on Equity
High ROE: Whilst 90W's Return on Equity (128.89%) is outstanding, this metric is skewed due to their high level of debt.