Mindtell Technology Past Earnings Performance
Past criteria checks 0/6
Mindtell Technology's earnings have been declining at an average annual rate of -36%, while the IT industry saw earnings growing at 6.8% annually. Revenues have been declining at an average rate of 23.7% per year.
Key information
-36.0%
Earnings growth rate
-38.3%
EPS growth rate
| IT Industry Growth | 6.8% |
| Revenue growth rate | -23.7% |
| Return on equity | -143.1% |
| Net Margin | -44.6% |
| Last Earnings Update | 30 Nov 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Mindtell Technology 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 Nov 23 | 12 | -5 | 8 | 0 |
| 31 Aug 23 | 12 | -7 | 9 | 0 |
| 31 May 23 | 12 | -6 | 10 | 0 |
| 28 Feb 23 | 11 | -7 | 11 | 0 |
| 30 Nov 22 | 12 | -7 | 10 | 0 |
| 31 Aug 22 | 18 | -6 | 8 | 0 |
| 31 May 22 | 19 | -8 | 10 | 0 |
| 28 Feb 22 | 20 | -7 | 9 | 0 |
| 30 Nov 21 | 17 | -6 | 9 | 0 |
| 31 Aug 21 | 12 | -10 | 13 | 0 |
| 31 May 21 | 12 | -10 | 11 | 0 |
| 28 Feb 21 | 10 | -11 | 10 | 0 |
| 30 Nov 20 | 10 | -11 | 11 | 0 |
| 31 Aug 20 | 11 | -6 | 7 | 0 |
| 31 May 20 | 13 | -4 | 7 | 0 |
| 29 Feb 20 | 16 | -2 | 6 | 0 |
| 30 Nov 19 | 19 | 1 | 5 | 0 |
| 31 Aug 19 | 20 | -2 | 6 | 0 |
| 31 May 19 | 31 | 1 | 6 | 0 |
| 28 Feb 19 | 44 | 8 | 4 | 0 |
| 30 Nov 18 | 48 | 8 | 4 | 0 |
| 30 Nov 17 | 39 | 17 | 3 | 0 |
| 30 Nov 16 | 14 | 8 | 1 | 0 |
Quality Earnings: 8611 is currently unprofitable.
Growing Profit Margin: 8611 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8611 is unprofitable, and losses have increased over the past 5 years at a rate of 36% per year.
Accelerating Growth: Unable to compare 8611's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8611 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-6.1%).
Return on Equity
High ROE: 8611 has a negative Return on Equity (-143.08%), as it is currently unprofitable.