IAR Systems Group Past Earnings Performance
Past criteria checks 2/6
IAR Systems Group's earnings have been declining at an average annual rate of -34.7%, while the Software industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 3.3% per year. IAR Systems Group's return on equity is 7.7%, and it has net margins of 10.9%.
Key information
-34.7%
Earnings growth rate
-35.6%
EPS growth rate
| Software Industry Growth | 19.9% |
| Revenue growth rate | 3.3% |
| Return on equity | 7.7% |
| Net Margin | 10.9% |
| Next Earnings Update | 16 Aug 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How IAR Systems Group 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 Mar 23 | 478 | 52 | 59 | 0 |
| 31 Dec 22 | 470 | 58 | 58 | 0 |
| 30 Sep 22 | 387 | -62 | 46 | 0 |
| 30 Jun 22 | 371 | -63 | 38 | 0 |
| 31 Mar 22 | 425 | -68 | 46 | 0 |
| 31 Dec 21 | 420 | -67 | 48 | 0 |
| 30 Sep 21 | 405 | 50 | 41 | 0 |
| 30 Jun 21 | 393 | 53 | 40 | 0 |
| 31 Mar 21 | 385 | 61 | 37 | 0 |
| 31 Dec 20 | 372 | 59 | 38 | 0 |
| 30 Sep 20 | 388 | 67 | 51 | 0 |
| 30 Jun 20 | 399 | 70 | 57 | 0 |
| 31 Mar 20 | 398 | 69 | 64 | 0 |
| 31 Dec 19 | 406 | 81 | 64 | 0 |
| 30 Sep 19 | 402 | 83 | 62 | 0 |
| 30 Jun 19 | 400 | 88 | 64 | 0 |
| 31 Mar 19 | 396 | 88 | 70 | 0 |
| 31 Dec 18 | 385 | 88 | 68 | 0 |
| 30 Sep 18 | 370 | 86 | 60 | 0 |
| 30 Jun 18 | 356 | 79 | 57 | 0 |
| 31 Mar 18 | 348 | 84 | 49 | 0 |
| 31 Dec 17 | 345 | 80 | 49 | 0 |
| 30 Sep 17 | 342 | 80 | 50 | 0 |
| 30 Jun 17 | 339 | 82 | 48 | 0 |
| 31 Mar 17 | 334 | 78 | 45 | 0 |
| 31 Dec 16 | 328 | 74 | 48 | 0 |
| 30 Sep 16 | 319 | 68 | 50 | 0 |
| 30 Jun 16 | 318 | 65 | 52 | 0 |
Quality Earnings: IARBS has high quality earnings.
Growing Profit Margin: IARBS became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IARBS's earnings have declined by 34.7% per year over the past 5 years.
Accelerating Growth: IARBS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IARBS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (21.7%).
Return on Equity
High ROE: IARBS's Return on Equity (7.7%) is considered low.