River Tech Past Earnings Performance
Past criteria checks 3/6
River Tech has been growing earnings at an average annual rate of 38.2%, while the Software industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 19.3% per year. River Tech's return on equity is 61.4%, and it has net margins of 50.8%.
Key information
38.2%
Earnings growth rate
37.2%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 19.3% |
| Return on equity | 61.4% |
| Net Margin | 50.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How River Tech 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 | 15 | 8 | 3 | 0 |
| 31 Mar 24 | 15 | 8 | 3 | 0 |
| 31 Dec 23 | 15 | 8 | 3 | 0 |
| 30 Sep 23 | 15 | 8 | 2 | 0 |
| 30 Jun 23 | 15 | 8 | 1 | 0 |
| 31 Mar 23 | 14 | 8 | 2 | 0 |
| 31 Dec 22 | 14 | 7 | 2 | 0 |
| 30 Sep 22 | 13 | 7 | 3 | 0 |
| 30 Jun 22 | 13 | 7 | 4 | 0 |
| 31 Mar 22 | 12 | 6 | 5 | 0 |
| 31 Dec 21 | 11 | 4 | 6 | 0 |
| 30 Sep 21 | 9 | 2 | 5 | 0 |
| 30 Jun 21 | 8 | 0 | 5 | 0 |
| 31 Mar 21 | 8 | 0 | 4 | 0 |
| 31 Dec 20 | 7 | 1 | 2 | 0 |
| 30 Jun 20 | 10 | 7 | 2 | 0 |
| 31 Mar 20 | 9 | 4 | 2 | 0 |
| 31 Dec 19 | 8 | 2 | 2 | 0 |
| 30 Jun 19 | 3 | -7 | 2 | 0 |
| 31 Mar 19 | 3 | -6 | 2 | 0 |
| 31 Dec 18 | 2 | -5 | 2 | 0 |
Quality Earnings: 9YQ has high quality earnings.
Growing Profit Margin: 9YQ's current net profit margins (50.8%) are lower than last year (53.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9YQ has become profitable over the past 5 years, growing earnings by 38.2% per year.
Accelerating Growth: 9YQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9YQ had negative earnings growth (-1%) over the past year, making it difficult to compare to the Software industry average (10.6%).
Return on Equity
High ROE: 9YQ's Return on Equity (61.4%) is considered outstanding.