niiio finance group Past Earnings Performance
Past criteria checks 0/6
niiio finance group's earnings have been declining at an average annual rate of -4.7%, while the IT industry saw earnings growing at 7.6% annually. Revenues have been growing at an average rate of 32.4% per year.
Key information
-4.7%
Earnings growth rate
4.5%
EPS growth rate
| IT Industry Growth | 14.0% |
| Revenue growth rate | 32.4% |
| Return on equity | -34.3% |
| Net Margin | -55.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How niiio finance group 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 | 11 | -6 | 0 | 0 |
| 31 Mar 24 | 10 | -5 | 0 | 0 |
| 31 Dec 23 | 10 | -4 | 0 | 0 |
| 30 Sep 23 | 5 | -2 | 0 | 0 |
| 30 Jun 23 | 5 | -2 | 0 | 0 |
| 31 Mar 23 | 7 | -3 | 0 | 0 |
| 31 Dec 22 | 9 | -3 | 0 | 0 |
| 30 Sep 22 | 8 | -3 | 0 | 0 |
| 30 Jun 22 | 6 | -3 | 1 | 0 |
| 31 Mar 22 | 5 | -3 | 0 | 0 |
| 31 Dec 21 | 3 | -3 | 0 | 0 |
| 30 Sep 21 | 3 | -3 | 0 | 0 |
| 30 Jun 21 | 3 | -2 | 0 | 0 |
| 31 Mar 21 | 3 | -2 | 0 | 0 |
| 31 Dec 20 | 3 | -2 | 0 | 0 |
| 30 Sep 20 | 5 | -4 | 0 | 0 |
| 30 Jun 20 | 4 | -5 | 0 | 0 |
| 31 Mar 20 | 4 | -5 | 0 | 0 |
| 31 Dec 19 | 3 | -4 | 0 | 0 |
| 30 Sep 19 | 0 | -3 | 0 | 0 |
| 30 Jun 19 | 0 | -1 | 0 | 0 |
| 31 Mar 19 | 0 | -1 | 0 | 0 |
| 31 Dec 18 | 0 | -1 | 0 | 0 |
| 30 Sep 18 | 0 | -1 | 0 | 0 |
| 30 Jun 18 | 0 | -1 | 0 | 0 |
| 31 Mar 18 | 0 | -1 | 0 | 0 |
| 31 Dec 17 | 0 | -1 | 0 | 0 |
| 31 Dec 16 | 1 | -3 | 1 | 0 |
| 31 Dec 15 | 1 | 0 | 0 | 0 |
| 31 Dec 14 | 2 | 0 | 1 | 0 |
Quality Earnings: NIII is currently unprofitable.
Growing Profit Margin: NIII is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NIII is unprofitable, and losses have increased over the past 5 years at a rate of 4.7% per year.
Accelerating Growth: Unable to compare NIII's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NIII is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (17.4%).
Return on Equity
High ROE: NIII has a negative Return on Equity (-34.33%), as it is currently unprofitable.