GSE Systems Past Earnings Performance
Past criteria checks 0/6
GSE Systems's earnings have been declining at an average annual rate of -10%, while the Software industry saw earnings growing at 12.6% annually. Revenues have been declining at an average rate of 16.6% per year.
Key information
-10.0%
Earnings growth rate
-8.0%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | -16.6% |
| Return on equity | -136.6% |
| Net Margin | -17.5% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How GSE Systems 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 23 | 46 | -8 | 17 | 1 |
| 30 Jun 23 | 46 | -15 | 17 | 1 |
| 31 Mar 23 | 46 | -15 | 17 | 1 |
| 31 Dec 22 | 48 | -15 | 17 | 1 |
| 30 Sep 22 | 51 | -16 | 18 | 1 |
| 30 Jun 22 | 54 | 5 | 17 | 1 |
| 31 Mar 22 | 54 | 9 | 16 | 1 |
| 31 Dec 21 | 55 | 11 | 15 | 1 |
| 30 Sep 21 | 54 | 11 | 13 | 1 |
| 30 Jun 21 | 52 | -1 | 14 | 1 |
| 31 Mar 21 | 53 | -6 | 14 | 1 |
| 31 Dec 20 | 58 | -11 | 15 | 1 |
| 30 Sep 20 | 62 | -15 | 16 | 1 |
| 30 Jun 20 | 69 | -16 | 16 | 1 |
| 31 Mar 20 | 78 | -14 | 17 | 1 |
| 31 Dec 19 | 83 | -12 | 17 | 1 |
| 30 Sep 19 | 89 | -5 | 17 | 1 |
| 30 Jun 19 | 90 | -4 | 17 | 1 |
| 31 Mar 19 | 92 | -3 | 17 | 1 |
| 31 Dec 18 | 92 | 0 | 17 | 1 |
| 30 Sep 18 | 91 | 6 | 17 | 1 |
| 30 Jun 18 | 85 | 5 | 17 | 1 |
| 31 Mar 18 | 77 | 5 | 16 | 1 |
| 31 Dec 17 | 71 | 7 | 15 | 1 |
| 30 Sep 17 | 62 | 1 | 14 | 1 |
| 30 Jun 17 | 61 | 2 | 14 | 1 |
| 31 Mar 17 | 56 | 1 | 13 | 1 |
| 31 Dec 16 | 53 | 1 | 12 | 1 |
| 30 Sep 16 | 54 | 1 | 11 | 2 |
| 30 Jun 16 | 55 | -2 | 10 | 2 |
| 31 Mar 16 | 56 | -4 | 11 | 2 |
| 31 Dec 15 | 57 | -5 | 12 | 1 |
| 30 Sep 15 | 55 | -7 | 14 | 0 |
| 30 Jun 15 | 48 | -5 | 15 | 0 |
| 31 Mar 15 | 43 | -6 | 15 | 0 |
| 31 Dec 14 | 38 | -7 | 16 | 0 |
| 30 Sep 14 | 37 | -6 | 16 | 0 |
| 30 Jun 14 | 41 | -5 | 16 | 0 |
| 31 Mar 14 | 44 | -11 | 16 | 0 |
| 31 Dec 13 | 48 | -11 | 16 | 0 |
| 30 Sep 13 | 48 | -11 | 16 | 0 |
| 30 Jun 13 | 49 | -9 | 15 | 0 |
| 31 Mar 13 | 51 | -1 | 15 | 0 |
Quality Earnings: GSE0 is currently unprofitable.
Growing Profit Margin: GSE0 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GSE0 is unprofitable, and losses have increased over the past 5 years at a rate of 10% per year.
Accelerating Growth: Unable to compare GSE0's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GSE0 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (5.8%).
Return on Equity
High ROE: GSE0 has a negative Return on Equity (-136.55%), as it is currently unprofitable.