Ace Software Exports Past Earnings Performance
Past criteria checks 3/6
Ace Software Exports has been growing earnings at an average annual rate of 77.8%, while the IT industry saw earnings growing at 20.4% annually. Revenues have been growing at an average rate of 17% per year. Ace Software Exports's return on equity is 19.5%, and it has net margins of 21.9%.
Key information
77.8%
Earnings growth rate
64.6%
EPS growth rate
| IT Industry Growth | 24.3% |
| Revenue growth rate | 17.0% |
| Return on equity | 19.5% |
| Net Margin | 21.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ace Software Exports 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 | 271 | 59 | 0 | 0 |
| 31 Mar 24 | 237 | 49 | 9 | 0 |
| 31 Dec 23 | 79 | 33 | 2 | 0 |
| 30 Sep 23 | 90 | 9 | 2 | 0 |
| 30 Jun 23 | 98 | -2 | 0 | 0 |
| 31 Mar 23 | 103 | 1 | 2 | 0 |
| 31 Dec 22 | 109 | 1 | 2 | 0 |
| 30 Sep 22 | 104 | -3 | 2 | 0 |
| 30 Jun 22 | 100 | -2 | 0 | 0 |
| 31 Mar 22 | 98 | -5 | 2 | 0 |
| 31 Dec 21 | 95 | -10 | 2 | 0 |
| 30 Sep 21 | 93 | -11 | 2 | 0 |
| 30 Jun 21 | 91 | -9 | 0 | 0 |
| 31 Mar 21 | 89 | -6 | 2 | 0 |
| 31 Dec 20 | 94 | 0 | 4 | 0 |
| 30 Sep 20 | 92 | -3 | 4 | 0 |
| 30 Jun 20 | 93 | -11 | 0 | 0 |
| 31 Mar 20 | 91 | -17 | 4 | 0 |
| 31 Dec 19 | 81 | -20 | 4 | 0 |
| 30 Sep 19 | 80 | -16 | 4 | 0 |
| 30 Jun 19 | 78 | -6 | 4 | 0 |
| 31 Mar 19 | 80 | 0 | 4 | 0 |
| 31 Mar 18 | 87 | 10 | 4 | 0 |
| 31 Mar 17 | 84 | 10 | 2 | 0 |
| 31 Mar 16 | 81 | 12 | 2 | 0 |
| 31 Mar 15 | 59 | 5 | 1 | 0 |
| 31 Mar 14 | 47 | 8 | 4 | 0 |
Quality Earnings: 531525 has high quality earnings.
Growing Profit Margin: 531525 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 531525 has become profitable over the past 5 years, growing earnings by 77.8% per year.
Accelerating Growth: 531525 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 531525 has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (12.9%).
Return on Equity
High ROE: 531525's Return on Equity (19.5%) is considered low.