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Model N Past Earnings Performance
Past criteria checks 3/6
Model N's earnings have been declining at an average annual rate of -10.3%, while the Software industry saw earnings growing at 11.2% annually. Revenues have been growing at an average rate of 13.4% per year. Model N's return on equity is 0.2%, and it has net margins of 0.1%.
Key information
-10.3%
Earnings growth rate
-6.5%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 13.4% |
| Return on equity | 0.2% |
| Net Margin | 0.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Model N 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 Mar 24 | 256 | 0 | 100 | 49 |
| 31 Dec 23 | 254 | -32 | 99 | 48 |
| 30 Sep 23 | 249 | -34 | 97 | 48 |
| 30 Jun 23 | 244 | -43 | 96 | 49 |
| 31 Mar 23 | 236 | -52 | 96 | 50 |
| 31 Dec 22 | 227 | -26 | 92 | 49 |
| 30 Sep 22 | 219 | -29 | 87 | 48 |
| 30 Jun 22 | 212 | -27 | 82 | 47 |
| 31 Mar 22 | 207 | -28 | 80 | 47 |
| 31 Dec 21 | 202 | -31 | 78 | 47 |
| 30 Sep 21 | 193 | -30 | 74 | 45 |
| 30 Jun 21 | 183 | -27 | 71 | 41 |
| 31 Mar 21 | 174 | -22 | 68 | 38 |
| 31 Dec 20 | 165 | -16 | 68 | 35 |
| 30 Sep 20 | 161 | -14 | 68 | 34 |
| 30 Jun 20 | 156 | -16 | 68 | 34 |
| 31 Mar 20 | 150 | -16 | 65 | 33 |
| 31 Dec 19 | 145 | -18 | 62 | 31 |
| 30 Sep 19 | 141 | -19 | 60 | 30 |
| 30 Jun 19 | 141 | -17 | 61 | 29 |
| 31 Mar 19 | 146 | -30 | 74 | 30 |
| 31 Dec 18 | 151 | -28 | 75 | 31 |
| 30 Sep 18 | 155 | -28 | 78 | 32 |
| 30 Jun 18 | 154 | -34 | 77 | 33 |
| 31 Mar 18 | 148 | -29 | 70 | 33 |
| 31 Dec 17 | 142 | -37 | 77 | 34 |
| 30 Sep 17 | 131 | -40 | 75 | 31 |
| 30 Jun 17 | 124 | -38 | 75 | 29 |
| 31 Mar 17 | 118 | -36 | 72 | 27 |
| 31 Dec 16 | 111 | -33 | 64 | 24 |
| 30 Sep 16 | 107 | -33 | 62 | 24 |
| 30 Jun 16 | 104 | -30 | 59 | 22 |
| 31 Mar 16 | 100 | -27 | 56 | 21 |
| 31 Dec 15 | 96 | -23 | 54 | 19 |
| 30 Sep 15 | 94 | -20 | 52 | 18 |
| 30 Jun 15 | 89 | -21 | 51 | 18 |
| 31 Mar 15 | 84 | -22 | 50 | 18 |
| 31 Dec 14 | 82 | -22 | 48 | 18 |
| 30 Sep 14 | 82 | -21 | 46 | 19 |
| 30 Jun 14 | 89 | -14 | 42 | 18 |
| 31 Mar 14 | 97 | -6 | 39 | 18 |
| 31 Dec 13 | 101 | -3 | 38 | 18 |
| 30 Sep 13 | 102 | -1 | 37 | 17 |
| 30 Jun 13 | 97 | -1 | 35 | 17 |
Quality Earnings: 2MD has high quality earnings.
Growing Profit Margin: 2MD became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2MD has become profitable over the past 5 years, growing earnings by -10.3% per year.
Accelerating Growth: 2MD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 2MD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (7.1%).
Return on Equity
High ROE: 2MD's Return on Equity (0.2%) is considered low.