Witted Megacorp Oyj Past Earnings Performance
Past criteria checks 0/6
Witted Megacorp Oyj has been growing earnings at an average annual rate of 57.2%, while the IT industry saw earnings growing at 14.3% annually. Revenues have been declining at an average rate of 6.2% per year.
Key information
57.2%
Earnings growth rate
-37.3%
EPS growth rate
| IT Industry Growth | 18.5% |
| Revenue growth rate | -6.2% |
| Return on equity | -3.9% |
| Net Margin | -1.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
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 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 is currently unprofitable.
Growing Profit Margin: WITTED is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if WITTED's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare WITTED's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WITTED is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (1.5%).
Return on Equity
High ROE: WITTED has a negative Return on Equity (-3.85%), as it is currently unprofitable.