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 Breakdown

How IAR Systems Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:IARBS Revenue, expenses and earnings (SEK Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 23	478	52	59
31 Dec 22	470	58	58
30 Sep 22	387	-62	46
30 Jun 22	371	-63	38
31 Mar 22	425	-68	46
31 Dec 21	420	-67	48
30 Sep 21	405	50	41
30 Jun 21	393	53	40
31 Mar 21	385	61	37
31 Dec 20	372	59	38
30 Sep 20	388	67	51
30 Jun 20	399	70	57
31 Mar 20	398	69	64
31 Dec 19	406	81	64
30 Sep 19	402	83	62
30 Jun 19	400	88	64
31 Mar 19	396	88	70
31 Dec 18	385	88	68
30 Sep 18	370	86	60
30 Jun 18	356	79	57
31 Mar 18	348	84	49
31 Dec 17	345	80	49
30 Sep 17	342	80	50
30 Jun 17	339	82	48
31 Mar 17	334	78	45
31 Dec 16	328	74	48
30 Sep 16	319	68	50
30 Jun 16	318	65	52

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.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/05/22 21:29
End of Day Share Price	2023/02/22 00:00
Earnings	2023/03/31
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IAR Systems Group AB (publ) is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Viktor Högberg	Danske Bank
Joachim Gunell	DNB Markets
Erik Haeggstrom	Pareto Securities