TextMagic Past Earnings Performance
Past criteria checks 3/6
TextMagic has been growing earnings at an average annual rate of 45.3%, while the Software industry saw earnings growing at 16.8% annually. Revenues have been growing at an average rate of 12.9% per year. TextMagic's return on equity is 8.2%, and it has net margins of 19.1%.
Key information
45.3%
Earnings growth rate
45.3%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 12.9% |
| Return on equity | 8.2% |
| Net Margin | 19.1% |
| Last Earnings Update | 30 Jun 2024 |
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 16 | 3 | 0 | 0 |
| 31 Mar 24 | 16 | 3 | 0 | 0 |
| 31 Dec 23 | 15 | 3 | 0 | 0 |
| 30 Jun 23 | 14 | 2 | 0 | 0 |
| 31 Mar 23 | 14 | 2 | 0 | 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 (19.1%) are higher than last year (14.9%).
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 (45.3%) exceeded the Software industry 14.3%.
Return on Equity
High ROE: MAGIC's Return on Equity (8.2%) is considered low.