ideaForge Technology Past Earnings Performance
Past criteria checks 2/6
ideaForge Technology has been growing earnings at an average annual rate of 30.2%, while the Aerospace & Defense industry saw earnings growing at 23.9% annually. Revenues have been growing at an average rate of 32.7% per year. ideaForge Technology's return on equity is 4.6%, and it has net margins of 11.6%.
Key information
30.2%
Earnings growth rate
31.0%
EPS growth rate
| Aerospace & Defense Industry Growth | 24.2% |
| Revenue growth rate | 32.7% |
| Return on equity | 4.6% |
| Net Margin | 11.6% |
| Next Earnings Update | 14 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 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 high quality earnings.
Growing Profit Margin: IDEAFORGE's current net profit margins (11.6%) are lower than last year (31.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IDEAFORGE's earnings have grown significantly by 30.2% per year over the past 5 years.
Accelerating Growth: IDEAFORGE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IDEAFORGE had negative earnings growth (-58.3%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (30.7%).
Return on Equity
High ROE: IDEAFORGE's Return on Equity (4.6%) is considered low.