Prime Bit Games Past Earnings Performance
Past criteria checks 2/6
Prime Bit Games has been growing earnings at an average annual rate of 21.1%, while the Entertainment industry saw earnings growing at 27.9% annually. Revenues have been growing at an average rate of 11.1% per year. Prime Bit Games's return on equity is 23%, and it has net margins of 7.3%.
Key information
21.1%
Earnings growth rate
22.9%
EPS growth rate
| Entertainment Industry Growth | 30.3% |
| Revenue growth rate | 11.1% |
| Return on equity | 23.0% |
| Net Margin | 7.3% |
| Next Earnings Update | 14 Feb 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Prime Bit Games 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 23 | 2 | 0 | 1 | 0 |
| 30 Jun 23 | 2 | 0 | 1 | 0 |
| 31 Mar 23 | 1 | -1 | 1 | 0 |
| 31 Dec 22 | 2 | 0 | 1 | 0 |
| 30 Sep 22 | 1 | 0 | 1 | 0 |
| 30 Jun 22 | 1 | 0 | 1 | 0 |
| 31 Mar 22 | 1 | 0 | 1 | 0 |
| 31 Dec 21 | 0 | 0 | 1 | 0 |
| 30 Sep 21 | 0 | -1 | 1 | 0 |
| 30 Jun 21 | 0 | -1 | 1 | 0 |
| 31 Mar 21 | 0 | -1 | 1 | 0 |
| 31 Dec 20 | 0 | -1 | 1 | 0 |
| 30 Sep 20 | 1 | -1 | 2 | 0 |
| 30 Jun 20 | 2 | 0 | 2 | 0 |
| 31 Mar 20 | 2 | -1 | 2 | 0 |
| 01 Jan 20 | 2 | 0 | 2 | 0 |
| 30 Sep 19 | 1 | 0 | 1 | 0 |
| 30 Jun 19 | 0 | -1 | 1 | 0 |
| 31 Mar 19 | 1 | 0 | 1 | 0 |
| 31 Dec 18 | 1 | 0 | 1 | 0 |
| 30 Sep 18 | 1 | 0 | 1 | 0 |
| 30 Jun 18 | 1 | 0 | 1 | 0 |
| 31 Mar 18 | 1 | 0 | 0 | 0 |
| 31 Dec 17 | 0 | 0 | 0 | 0 |
Quality Earnings: 1WU has a high level of non-cash earnings.
Growing Profit Margin: 1WU became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1WU has become profitable over the past 5 years, growing earnings by 21.1% per year.
Accelerating Growth: 1WU has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1WU has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (18.6%).
Return on Equity
High ROE: Whilst 1WU's Return on Equity (23.04%) is high, this metric is skewed due to their high level of debt.