ideaForge Technology Past Earnings Performance
Past criteria checks 4/6
ideaForge Technology has been growing earnings at an average annual rate of 9.6%, while the Aerospace & Defense industry saw earnings growing at 21.6% annually. Revenues have been growing at an average rate of 89.2% per year. ideaForge Technology's return on equity is 2%, and it has net margins of 4.1%.
Key information
9.6%
Earnings growth rate
6.3%
EPS growth rate
| Aerospace & Defense Industry Growth | 24.2% |
| Revenue growth rate | 89.2% |
| Return on equity | 2.0% |
| Net Margin | 4.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How ideaForge 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 Sep 24 | 3,165 | 130 | 580 | 0 |
| 30 Jun 24 | 3,031 | 276 | 526 | 0 |
| 31 Mar 24 | 3,140 | 453 | 564 | 0 |
| 31 Dec 23 | 2,504 | 291 | 510 | 0 |
| 30 Sep 23 | 1,673 | 65 | 529 | 0 |
| 30 Jun 23 | 1,838 | 96 | 572 | 0 |
| 31 Mar 23 | 1,860 | 320 | 529 | 0 |
| 31 Dec 22 | 2,223 | 698 | 434 | 0 |
| 30 Sep 22 | 2,925 | 1,208 | 416 | 0 |
| 30 Jun 22 | 2,539 | 956 | 326 | 0 |
| 31 Mar 22 | 1,594 | 440 | 272 | 0 |
| 31 Mar 21 | 347 | -146 | 195 | 0 |
| 31 Mar 20 | 141 | -112 | 131 | 0 |
| 31 Mar 19 | 182 | -103 | 141 | 0 |
Quality Earnings: IDEAFORGE has a high level of non-cash earnings.
Growing Profit Margin: IDEAFORGE's current net profit margins (4.1%) are higher than last year (3.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IDEAFORGE has become profitable over the past 5 years, growing earnings by 9.6% per year.
Accelerating Growth: IDEAFORGE's earnings growth over the past year (98.5%) exceeds its 5-year average (9.6% per year).
Earnings vs Industry: IDEAFORGE earnings growth over the past year (98.5%) exceeded the Aerospace & Defense industry 46.5%.
Return on Equity
High ROE: IDEAFORGE's Return on Equity (2%) 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 | 2025/01/02 19:22 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
ideaForge Technology Limited is covered by 4 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 |
|---|---|
| null null | Asian Markets Securities Private Limited |
| Renu Baid Pugalia | IIFL Research |
| Hardik Rawat | IIFL Research |