Witted Megacorp Oyj Past Earnings Performance
Past criteria checks 2/6
Witted Megacorp Oyj's earnings have been declining at an average annual rate of -50.1%, while the IT industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 19.6% per year. Witted Megacorp Oyj's return on equity is 1.1%, and it has net margins of 0.3%.
Key information
-50.1%
Earnings growth rate
-39.9%
EPS growth rate
| IT Industry Growth | 18.5% |
| Revenue growth rate | 19.6% |
| Return on equity | 1.1% |
| Net Margin | 0.3% |
| Last Earnings Update | 30 Sep 2024 |
Revenue & Expenses Breakdown
How Witted Megacorp Oyj 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 24 | 56 | 0 | 0 | 0 |
| 30 Jun 24 | 58 | -1 | 0 | 0 |
| 31 Mar 24 | 61 | -1 | 0 | 0 |
| 31 Dec 23 | 64 | -2 | 0 | 0 |
| 30 Sep 23 | 65 | -2 | 0 | 0 |
| 30 Jun 23 | 62 | -1 | 0 | 0 |
| 31 Mar 23 | 59 | -1 | 0 | 0 |
| 31 Dec 22 | 53 | -1 | 0 | 0 |
| 30 Sep 22 | 46 | -1 | 0 | 0 |
| 30 Jun 22 | 43 | 0 | 0 | 0 |
| 31 Mar 22 | 36 | 1 | 0 | 0 |
| 31 Dec 21 | 30 | 1 | 0 | 0 |
Quality Earnings: WITTED has a large one-off loss of €964.9K impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: WITTED became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WITTED has become profitable over the past 5 years.
Accelerating Growth: WITTED has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WITTED has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (0.2%).
Return on Equity
High ROE: WITTED's Return on Equity (1.1%) is considered low.