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Switch Past Earnings Performance
Past criteria checks 4/6
Key information
82.9%
Earnings growth rate
81.4%
EPS growth rate
| IT Industry Growth | 14.0% |
| Revenue growth rate | 11.9% |
| Return on equity | 37.4% |
| Net Margin | 56.7% |
| Last Earnings Update | 30 Sep 2022 |
Recent past performance updates
Recent updates
This section of the company report contains some beta features.
Revenue & Expenses BreakdownBeta
How Switch 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 22 | 669 | 379 | 153 | 0 |
| 30 Jun 22 | 652 | 379 | 160 | 0 |
| 31 Mar 22 | 626 | 7 | 150 | 0 |
| 31 Dec 21 | 592 | 5 | 142 | 0 |
| 30 Sep 21 | 558 | 22 | 136 | 0 |
| 30 Jun 21 | 529 | 28 | 131 | 0 |
| 31 Mar 21 | 514 | 28 | 128 | 0 |
| 31 Dec 20 | 512 | 16 | 132 | 0 |
| 30 Sep 20 | 504 | 13 | 138 | 0 |
| 30 Jun 20 | 498 | 11 | 141 | 0 |
| 31 Mar 20 | 483 | 7 | 141 | 0 |
| 31 Dec 19 | 462 | 9 | 136 | 0 |
| 30 Sep 19 | 445 | 7 | 129 | 0 |
| 30 Jun 19 | 425 | 4 | 126 | 0 |
| 31 Mar 19 | 416 | 4 | 125 | 0 |
| 31 Dec 18 | 406 | 4 | 122 | 0 |
| 30 Sep 18 | 402 | -65 | 121 | 0 |
| 30 Jun 18 | 397 | -49 | 111 | 0 |
| 31 Mar 18 | 387 | -35 | 101 | 0 |
| 31 Dec 17 | 378 | -15 | 87 | 0 |
| 30 Sep 17 | 361 | 32 | 79 | 0 |
| 30 Jun 17 | 345 | 31 | 77 | 0 |
| 31 Mar 17 | 334 | 35 | 74 | 0 |
| 31 Dec 16 | 318 | 31 | 71 | 0 |
| 31 Dec 15 | 266 | 73 | 45 | 0 |
Quality Earnings: 821 has a large one-off gain of $327.0M impacting its September 30 2022 financial results.
Growing Profit Margin: 821's current net profit margins (56.7%) are higher than last year (4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 821's earnings have grown significantly by 82.9% per year over the past 5 years.
Accelerating Growth: 821's earnings growth over the past year (1616.8%) exceeds its 5-year average (82.9% per year).
Earnings vs Industry: 821 earnings growth over the past year (1616.8%) exceeded the IT industry 10.8%.
Return on Equity
High ROE: Whilst 821's Return on Equity (37.36%) is high, this metric is skewed due to their high level of debt.