Quartix Technologies Past Earnings Performance
Past criteria checks 0/6
Quartix Technologies's earnings have been declining at an average annual rate of -16.1%, while the Software industry saw earnings growing at 18.9% annually. Revenues have been growing at an average rate of 2.7% per year.
Key information
-16.1%
Earnings growth rate
-16.4%
EPS growth rate
| Software Industry Growth | 19.9% |
| Revenue growth rate | 2.7% |
| Return on equity | -5.6% |
| Net Margin | -3.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Quartix Technologies (LON:QTX) Has Announced A Dividend Of £0.015
Mar 07
Getting In Cheap On Quartix Technologies plc (LON:QTX) Is Unlikely
Jan 18Quartix Technologies (LON:QTX) Is Reducing Its Dividend To UK£0.07
Mar 02The Returns On Capital At Quartix Technologies (LON:QTX) Don't Inspire Confidence
Nov 24Is Now The Time To Look At Buying Quartix Holdings plc (LON:QTX)?
Jun 05Quartix Holdings (LON:QTX) Could Be Struggling To Allocate Capital
Apr 12Quartix Holdings plc's (LON:QTX) Stock Is Going Strong: Have Financials A Role To Play?
Mar 10Is Now The Time To Look At Buying Quartix Holdings plc (LON:QTX)?
Feb 23Could The Quartix Holdings plc (LON:QTX) Ownership Structure Tell Us Something Useful?
Feb 02
Is Quartix Holdings (LON:QTX) A Compounding Machine?
Jan 12Should Quartix Holdings plc (LON:QTX) Be Part Of Your Dividend Portfolio?
Dec 28What Does Quartix Holdings' (LON:QTX) CEO Pay Reveal?
Dec 14Did You Participate In Any Of Quartix Holdings' (LON:QTX) Respectable 76% Return?
Nov 30Revenue & Expenses BreakdownBeta
How Quartix Technologies 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 | 30 | -1 | 16 | 0 |
| 30 Sep 23 | 29 | 2 | 15 | 0 |
| 30 Jun 23 | 29 | 5 | 15 | 0 |
| 31 Mar 23 | 28 | 5 | 14 | 0 |
| 31 Dec 22 | 28 | 5 | 14 | 0 |
| 30 Sep 22 | 27 | 5 | 14 | 0 |
| 30 Jun 22 | 26 | 5 | 14 | 0 |
| 31 Mar 22 | 26 | 5 | 14 | 0 |
| 31 Dec 21 | 26 | 5 | 13 | 0 |
| 30 Sep 21 | 25 | 4 | 13 | 0 |
| 30 Jun 21 | 25 | 3 | 13 | 0 |
| 31 Mar 21 | 26 | 4 | 12 | 0 |
| 31 Dec 20 | 26 | 5 | 11 | 0 |
| 30 Sep 20 | 26 | 5 | 11 | 0 |
| 30 Jun 20 | 26 | 6 | 11 | 0 |
| 31 Mar 20 | 26 | 6 | 10 | 0 |
| 31 Dec 19 | 26 | 5 | 10 | 0 |
| 30 Sep 19 | 25 | 6 | 10 | 0 |
| 30 Jun 19 | 25 | 7 | 9 | 0 |
| 31 Mar 19 | 26 | 7 | 9 | 0 |
| 31 Dec 18 | 26 | 7 | 9 | 0 |
| 30 Sep 18 | 26 | 6 | 9 | 0 |
| 30 Jun 18 | 25 | 6 | 9 | 0 |
| 31 Mar 18 | 25 | 6 | 9 | 0 |
| 31 Dec 17 | 25 | 6 | 8 | 0 |
| 30 Sep 17 | 24 | 6 | 8 | 0 |
| 30 Jun 17 | 24 | 7 | 8 | 0 |
| 31 Mar 17 | 24 | 6 | 8 | 0 |
| 31 Dec 16 | 23 | 6 | 8 | 0 |
| 30 Sep 16 | 23 | 6 | 7 | 0 |
| 30 Jun 16 | 22 | 6 | 7 | 0 |
| 31 Mar 16 | 21 | 5 | 7 | 0 |
| 31 Dec 15 | 20 | 5 | 6 | 0 |
| 30 Sep 15 | 18 | 4 | 6 | 0 |
| 30 Jun 15 | 17 | 4 | 6 | 0 |
| 31 Mar 15 | 16 | 4 | 5 | 0 |
| 31 Dec 14 | 15 | 4 | 5 | 0 |
| 30 Sep 14 | 15 | 4 | 5 | 0 |
| 30 Jun 14 | 14 | 5 | 4 | 0 |
| 31 Mar 14 | 14 | 4 | 4 | 0 |
| 31 Dec 13 | 13 | 4 | 4 | 0 |
Quality Earnings: QTX is currently unprofitable.
Growing Profit Margin: QTX is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: QTX is unprofitable, and losses have increased over the past 5 years at a rate of 16.1% per year.
Accelerating Growth: Unable to compare QTX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QTX is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21.7%).
Return on Equity
High ROE: QTX has a negative Return on Equity (-5.55%), as it is currently unprofitable.