BITS Past Earnings Performance
Past criteria checks 3/6
BITS has been growing earnings at an average annual rate of 71.7%, while the Consumer Services industry saw earnings growing at 35.4% annually. Revenues have been growing at an average rate of 5.1% per year. BITS's return on equity is 12.1%, and it has net margins of 269.6%.
Key information
71.7%
Earnings growth rate
71.1%
EPS growth rate
| Consumer Services Industry Growth | 30.4% |
| Revenue growth rate | 5.1% |
| Return on equity | 12.1% |
| Net Margin | 269.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How BITS 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 24 | 9 | 24 | 0 | 0 |
| 31 Dec 23 | 9 | 22 | 1 | 0 |
| 30 Sep 23 | 8 | -2 | 1 | 0 |
| 30 Jun 23 | 8 | -1 | 1 | 0 |
| 31 Mar 23 | 8 | -1 | 1 | 0 |
| 31 Dec 22 | 8 | 2 | 1 | 0 |
| 30 Sep 22 | 8 | 2 | 1 | 0 |
| 30 Jun 22 | 8 | 2 | 0 | 0 |
| 31 Mar 22 | 7 | 2 | 1 | 0 |
| 31 Dec 21 | 7 | 2 | 1 | 0 |
| 30 Sep 21 | 7 | 1 | 1 | 0 |
| 30 Jun 21 | 6 | 0 | 0 | 0 |
| 31 Mar 21 | 5 | -1 | 1 | 0 |
| 31 Dec 20 | 5 | 0 | 1 | 0 |
| 30 Sep 20 | 6 | 1 | 1 | 0 |
| 30 Jun 20 | 7 | 1 | 0 | 0 |
| 31 Mar 20 | 7 | 1 | 1 | 0 |
| 31 Dec 19 | 8 | 0 | 1 | 0 |
| 30 Sep 19 | 7 | 0 | 1 | 0 |
| 30 Jun 19 | 7 | 1 | 0 | 0 |
| 31 Mar 19 | 7 | 0 | 1 | 0 |
| 31 Dec 18 | 7 | -15 | 1 | 0 |
| 30 Sep 18 | 6 | -15 | 1 | 0 |
| 30 Jun 18 | 8 | -15 | 0 | 0 |
| 31 Mar 18 | 6 | -15 | 1 | 0 |
| 31 Dec 17 | 5 | 3 | 1 | 0 |
| 30 Sep 17 | 37 | -57 | 1 | 0 |
| 30 Jun 17 | 36 | -56 | 1 | 0 |
| 31 Mar 17 | 36 | -60 | 1 | 0 |
| 31 Dec 16 | 36 | -179 | 1 | 0 |
| 30 Sep 16 | 2 | -118 | 1 | 0 |
| 30 Jun 16 | 0 | -118 | 0 | 0 |
| 31 Mar 16 | 2 | -115 | 1 | 0 |
| 31 Dec 15 | 4 | 4 | 4 | 0 |
| 30 Sep 15 | 4 | 3 | 4 | 0 |
| 30 Jun 15 | 4 | 1 | 0 | 0 |
| 31 Mar 15 | 2 | 2 | 1 | 0 |
| 31 Dec 14 | 2 | -2 | 2 | 0 |
| 30 Sep 14 | 2 | -1 | 2 | 0 |
| 30 Jun 14 | 2 | -1 | 0 | 0 |
| 31 Mar 14 | 2 | -32 | 2 | 0 |
| 31 Dec 13 | 0 | -31 | 0 | 0 |
| 30 Sep 13 | 1 | -31 | 0 | 0 |
| 30 Jun 13 | 0 | -30 | 0 | 0 |
Quality Earnings: 526709 has high quality earnings.
Growing Profit Margin: 526709 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 526709 has become profitable over the past 5 years, growing earnings by 71.7% per year.
Accelerating Growth: 526709 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 526709 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Services industry (56.8%).
Return on Equity
High ROE: 526709's Return on Equity (12.1%) is considered low.