11 bit studios Past Earnings Performance
Past criteria checks 3/6
11 bit studios's earnings have been declining at an average annual rate of -20%, while the Entertainment industry saw earnings growing at 16% annually. Revenues have been declining at an average rate of 3.6% per year. 11 bit studios's return on equity is 16.8%, and it has net margins of 37.5%.
Key information
-20.0%
Earnings growth rate
-21.1%
EPS growth rate
| Entertainment Industry Growth | 30.3% |
| Revenue growth rate | -3.6% |
| Return on equity | 16.8% |
| Net Margin | 37.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How 11 bit studios 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 Sep 24 | 125 | 47 | 36 | 0 |
| 30 Jun 24 | 58 | -4 | 31 | 0 |
| 31 Mar 24 | 53 | -4 | 28 | 0 |
| 31 Dec 23 | 52 | 1 | 27 | 0 |
| 30 Sep 23 | 49 | 4 | 25 | 0 |
| 30 Jun 23 | 53 | 12 | 25 | 0 |
| 31 Mar 23 | 71 | 22 | 31 | 0 |
| 31 Dec 22 | 74 | 23 | 29 | 0 |
| 30 Sep 22 | 81 | 31 | 11 | 0 |
| 30 Jun 22 | 80 | 30 | 9 | 0 |
| 31 Mar 22 | 73 | 29 | 0 | 0 |
| 31 Dec 21 | 70 | 29 | 0 | 0 |
| 30 Sep 21 | 68 | 23 | -6 | 0 |
| 30 Jun 21 | 73 | 26 | -5 | 0 |
| 31 Mar 21 | 71 | 26 | -2 | 0 |
| 31 Dec 20 | 87 | 37 | 0 | 0 |
| 30 Sep 20 | 90 | 47 | -2 | 0 |
| 30 Jun 20 | 91 | 41 | 2 | 0 |
| 31 Mar 20 | 88 | 34 | 7 | 0 |
| 31 Dec 19 | 71 | 24 | 0 | 0 |
| 30 Sep 19 | 72 | 18 | 26 | 0 |
| 30 Jun 19 | 67 | 20 | 22 | 0 |
| 31 Mar 19 | 94 | 43 | 15 | 0 |
| 31 Dec 18 | 82 | 38 | 17 | 0 |
| 30 Sep 18 | 67 | 33 | 13 | 0 |
| 30 Jun 18 | 56 | 28 | 10 | 0 |
| 31 Mar 18 | 19 | 4 | 6 | 0 |
| 31 Dec 17 | 19 | 4 | 6 | 0 |
| 30 Sep 17 | 21 | 5 | 7 | 0 |
| 30 Jun 17 | 24 | 7 | 8 | 0 |
| 31 Mar 17 | 23 | 7 | 7 | 0 |
| 31 Dec 16 | 27 | 13 | 7 | 0 |
| 30 Sep 16 | 25 | 9 | 7 | 0 |
| 30 Jun 16 | 23 | 10 | 5 | 0 |
| 31 Mar 16 | 24 | 12 | 5 | 0 |
| 31 Dec 15 | 23 | 12 | 4 | 0 |
| 30 Sep 15 | 30 | 20 | 2 | 0 |
| 30 Jun 15 | 27 | 18 | 2 | 0 |
| 31 Mar 15 | 21 | 14 | 1 | 0 |
| 31 Dec 14 | 16 | 9 | 1 | 0 |
| 30 Sep 14 | 3 | 0 | 2 | 0 |
| 30 Jun 14 | 2 | -1 | 2 | 0 |
| 31 Mar 14 | 4 | 0 | 2 | 0 |
| 31 Dec 13 | 4 | 1 | 2 | 0 |
Quality Earnings: 11C has a high level of non-cash earnings.
Growing Profit Margin: 11C's current net profit margins (37.5%) are higher than last year (8.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 11C's earnings have declined by 20% per year over the past 5 years.
Accelerating Growth: 11C's earnings growth over the past year (992.8%) exceeds its 5-year average (-20% per year).
Earnings vs Industry: 11C earnings growth over the past year (992.8%) exceeded the Entertainment industry -1%.
Return on Equity
High ROE: 11C's Return on Equity (16.8%) is considered low.