Ace Software Exports Past Earnings Performance
Past criteria checks 5/6
Ace Software Exports has been growing earnings at an average annual rate of 58%, while the IT industry saw earnings growing at 22.3% annually. Revenues have been growing at an average rate of 3.8% per year. Ace Software Exports's return on equity is 15.4%, and it has net margins of 41.8%.
Key information
58.0%
Earnings growth rate
55.6%
EPS growth rate
| IT Industry Growth | 24.3% |
| Revenue growth rate | 3.8% |
| Return on equity | 15.4% |
| Net Margin | 41.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 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's current net profit margins (41.8%) are higher than last year (1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 531525 has become profitable over the past 5 years, growing earnings by 58% per year.
Accelerating Growth: 531525's earnings growth over the past year (2861.4%) exceeds its 5-year average (58% per year).
Earnings vs Industry: 531525 earnings growth over the past year (2861.4%) exceeded the IT industry 41.1%.
Return on Equity
High ROE: 531525's Return on Equity (15.4%) is considered low.