Securize IT Solutions Past Earnings Performance
Past criteria checks 0/6
Securize IT Solutions's earnings have been declining at an average annual rate of -56.8%, while the Software industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 36% per year.
Key information
-56.8%
Earnings growth rate
-44.1%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 36.0% |
| Return on equity | -31.1% |
| Net Margin | -748.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Securize IT Solutions 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 Dec 23 | 0 | -3 | 0 | 0 |
| 31 Dec 22 | 0 | -1 | 0 | 0 |
| 31 Dec 21 | 0 | 0 | 0 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
| 31 Dec 19 | 0 | 0 | 0 | 0 |
| 31 Dec 18 | 0 | 0 | 0 | 0 |
| 31 Dec 17 | 0 | 0 | 0 | 0 |
| 31 Dec 16 | 0 | -2 | 0 | 0 |
| 31 Dec 15 | 0 | -4 | 0 | 0 |
| 31 Dec 13 | 0 | 0 | 0 | 0 |
Quality Earnings: M14K is currently unprofitable.
Growing Profit Margin: M14K is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: M14K is unprofitable, and losses have increased over the past 5 years at a rate of 56.8% per year.
Accelerating Growth: Unable to compare M14K's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: M14K is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (10.6%).
Return on Equity
High ROE: M14K has a negative Return on Equity (-31.08%), as it is currently unprofitable.