TextMagic Past Earnings Performance
Past criteria checks 2/6
TextMagic has been growing earnings at an average annual rate of 9.3%, while the Software industry saw earnings growing at 18.1% annually. Revenues have been growing at an average rate of 6.5% per year. TextMagic's return on equity is 7.6%, and it has net margins of 18.2%.
Key information
9.3%
Earnings growth rate
9.3%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 6.5% |
| Return on equity | 7.6% |
| Net Margin | 18.2% |
| Next Earnings Update | 13 Aug 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How TextMagic 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 | 15 | 3 | 0 | 0 |
| 30 Jun 23 | 14 | 2 | 1 | 0 |
| 31 Mar 23 | 14 | 2 | 1 | 0 |
| 31 Dec 22 | 14 | 3 | 0 | 0 |
| 31 Dec 21 | 5 | 0 | 0 | 0 |
Quality Earnings: MAGIC has high quality earnings.
Growing Profit Margin: MAGIC's current net profit margins (18.2%) are higher than last year (17.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MAGIC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare MAGIC's past year earnings growth to its 5-year average.
Earnings vs Industry: MAGIC earnings growth over the past year (9.3%) did not outperform the Software industry 12.6%.
Return on Equity
High ROE: MAGIC's Return on Equity (7.6%) is considered low.