Wiit Past Earnings Performance
Past criteria checks 5/6
Wiit has been growing earnings at an average annual rate of 27.9%, while the IT industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 28.8% per year. Wiit's return on equity is 33.3%, and it has net margins of 7.7%.
Key information
27.9%
Earnings growth rate
27.0%
EPS growth rate
| IT Industry Growth | 14.0% |
| Revenue growth rate | 28.8% |
| Return on equity | 33.3% |
| Net Margin | 7.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Wiit 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 24 | 151 | 12 | 1 | 0 |
| 30 Jun 24 | 139 | 11 | 1 | 0 |
| 31 Mar 24 | 132 | 9 | 1 | 0 |
| 31 Dec 23 | 130 | 8 | 1 | 0 |
| 30 Sep 23 | 130 | 9 | 1 | 0 |
| 30 Jun 23 | 129 | 7 | 1 | 0 |
| 31 Mar 23 | 124 | 7 | 1 | 0 |
| 31 Dec 22 | 119 | 8 | 1 | 0 |
| 30 Sep 22 | 109 | 1 | 0 | 0 |
| 30 Jun 22 | 97 | 1 | 0 | 0 |
| 31 Mar 22 | 86 | -1 | 0 | 0 |
| 31 Dec 21 | 77 | -1 | 0 | 0 |
| 30 Sep 21 | 70 | 3 | 0 | 0 |
| 30 Jun 21 | 64 | 1 | 0 | 0 |
| 31 Mar 21 | 59 | 3 | 0 | 0 |
| 31 Dec 20 | 53 | 2 | 0 | 0 |
| 30 Sep 20 | 45 | 3 | 0 | 0 |
| 30 Jun 20 | 42 | 5 | 0 | 0 |
| 31 Mar 20 | 38 | 5 | 0 | 0 |
| 31 Dec 19 | 34 | 5 | 0 | 0 |
| 30 Sep 19 | 32 | 5 | 0 | 0 |
| 30 Jun 19 | 29 | 5 | 0 | 0 |
| 31 Dec 18 | 25 | 3 | 0 | 0 |
| 30 Sep 18 | 22 | 4 | 1 | 0 |
| 30 Jun 18 | 20 | 3 | 1 | 0 |
| 31 Dec 17 | 19 | 3 | 1 | 0 |
| 30 Sep 17 | 17 | 2 | 0 | 0 |
| 30 Jun 17 | 17 | 2 | 1 | 0 |
| 31 Mar 17 | 16 | 1 | 1 | 0 |
| 31 Dec 16 | 15 | 1 | 1 | 0 |
| 31 Dec 15 | 12 | 0 | 1 | 0 |
| 31 Dec 14 | 12 | 1 | 1 | 0 |
Quality Earnings: 9PC has high quality earnings.
Growing Profit Margin: 9PC's current net profit margins (7.7%) are higher than last year (6.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9PC's earnings have grown significantly by 27.9% per year over the past 5 years.
Accelerating Growth: 9PC's earnings growth over the past year (35.4%) exceeds its 5-year average (27.9% per year).
Earnings vs Industry: 9PC earnings growth over the past year (35.4%) exceeded the IT industry 8.5%.
Return on Equity
High ROE: Whilst 9PC's Return on Equity (33.32%) is high, this metric is skewed due to their high level of debt.