Red Violet Past Earnings Performance
Past criteria checks 5/6
Red Violet has been growing earnings at an average annual rate of 68%, while the Software industry saw earnings growing at 16.1% annually. Revenues have been growing at an average rate of 21.1% per year. Red Violet's return on equity is 15.7%, and it has net margins of 22.5%.
Key information
68.0%
Earnings growth rate
67.6%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 21.1% |
| Return on equity | 15.7% |
| Net Margin | 22.5% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Red Violet 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 | 60 | 14 | 36 | 0 |
| 30 Sep 23 | 58 | 13 | 36 | 0 |
| 30 Jun 23 | 57 | 3 | 35 | 0 |
| 31 Mar 23 | 55 | 1 | 35 | 0 |
| 31 Dec 22 | 53 | 1 | 34 | 0 |
| 30 Sep 22 | 52 | 0 | 32 | 0 |
| 30 Jun 22 | 48 | -1 | 31 | 0 |
| 31 Mar 22 | 47 | 1 | 30 | 0 |
| 31 Dec 21 | 44 | 1 | 29 | 0 |
| 30 Sep 21 | 42 | 1 | 27 | 0 |
| 30 Jun 21 | 39 | -2 | 27 | 0 |
| 31 Mar 21 | 36 | -6 | 26 | 0 |
| 31 Dec 20 | 35 | -7 | 26 | 0 |
| 30 Sep 20 | 35 | -10 | 29 | 0 |
| 30 Jun 20 | 34 | -10 | 28 | 0 |
| 31 Mar 20 | 34 | -11 | 29 | 0 |
| 31 Dec 19 | 30 | -11 | 26 | 0 |
| 30 Sep 19 | 26 | -8 | 21 | 0 |
| 30 Jun 19 | 22 | -9 | 19 | 0 |
| 31 Mar 19 | 19 | -6 | 14 | 0 |
| 31 Dec 18 | 16 | -7 | 13 | 0 |
| 30 Sep 18 | 14 | -8 | 13 | 0 |
| 30 Jun 18 | 12 | -10 | 13 | 0 |
| 31 Mar 18 | 10 | -21 | 13 | 0 |
| 31 Dec 17 | 9 | -21 | 13 | 0 |
| 30 Sep 17 | 7 | -22 | 12 | 0 |
| 30 Jun 17 | 6 | -26 | 11 | 0 |
| 31 Mar 17 | 5 | -17 | 10 | 0 |
| 31 Dec 16 | 5 | -17 | 10 | 0 |
| 31 Dec 15 | 4 | -11 | 10 | 0 |
Quality Earnings: 2KH has high quality earnings.
Growing Profit Margin: 2KH's current net profit margins (22.5%) are higher than last year (1.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2KH has become profitable over the past 5 years, growing earnings by 68% per year.
Accelerating Growth: 2KH's earnings growth over the past year (2096.3%) exceeds its 5-year average (68% per year).
Earnings vs Industry: 2KH earnings growth over the past year (2096.3%) exceeded the Software industry 7.1%.
Return on Equity
High ROE: 2KH's Return on Equity (15.7%) is considered low.