REDTAPE Past Earnings Performance
Past criteria checks 2/6
REDTAPE's earnings have been declining at an average annual rate of -0.4%, while the Specialty Retail industry saw earnings growing at 31.6% annually. Revenues have been growing at an average rate of 21.4% per year. REDTAPE's return on equity is 24.7%, and it has net margins of 8.5%.
Key information
-0.4%
Earnings growth rate
-0.4%
EPS growth rate
| Specialty Retail Industry Growth | 27.4% |
| Revenue growth rate | 21.4% |
| Return on equity | 24.7% |
| Net Margin | 8.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 18,901 | 1,602 | 1,023 | 0 |
| 31 Mar 24 | 18,429 | 1,762 | 927 | 0 |
| 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 (8.5%) are lower than last year (10.3%).
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: REDTAPE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: REDTAPE had negative earnings growth (-0.4%) over the past year, making it difficult to compare to the Specialty Retail industry average (20.8%).
Return on Equity
High ROE: REDTAPE's Return on Equity (24.7%) is considered high.