Redtape Past Earnings Performance
Past criteria checks 4/6
Redtape has been growing earnings at an average annual rate of 32.1%, while the Specialty Retail industry saw earnings growing at 28.5% annually. Revenues have been growing at an average rate of 28.9% per year. Redtape's return on equity is 30.6%, and it has net margins of 9.9%.
Key information
32.1%
Earnings growth rate
32.0%
EPS growth rate
| Specialty Retail Industry Growth | 27.4% |
| Revenue growth rate | 28.9% |
| Return on equity | 30.6% |
| Net Margin | 9.9% |
| Next Earnings Update | 20 May 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Redtape 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 | 17,149 | 1,698 | 626 | 0 |
| 30 Sep 23 | 15,749 | 1,623 | 575 | 0 |
| 30 Jun 23 | 15,565 | 1,608 | 547 | 0 |
| 31 Mar 23 | 14,683 | 1,422 | 542 | 0 |
| 31 Mar 22 | 9,097 | 871 | 356 | 0 |
Quality Earnings: REDTAPE has high quality earnings.
Growing Profit Margin: REDTAPE's current net profit margins (9.9%) are higher than last year (9.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if REDTAPE's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare REDTAPE's past year earnings growth to its 5-year average.
Earnings vs Industry: REDTAPE earnings growth over the past year (32.1%) exceeded the Specialty Retail industry 21%.
Return on Equity
High ROE: REDTAPE's Return on Equity (30.6%) is considered high.