Mahaveer Infoway Past Earnings Performance
Past criteria checks 0/6
Mahaveer Infoway has been growing earnings at an average annual rate of 47.2%, while the IT industry saw earnings growing at 22.3% annually. Revenues have been growing at an average rate of 15.2% per year.
Key information
47.2%
Earnings growth rate
47.6%
EPS growth rate
| IT Industry Growth | 24.3% |
| Revenue growth rate | 15.2% |
| Return on equity | -1.7% |
| Net Margin | -1.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Mahaveer Infoway 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 | 62 | -1 | 0 | 0 |
| 30 Sep 23 | 58 | -2 | 0 | 0 |
| 30 Jun 23 | 49 | 4 | 0 | 0 |
| 31 Mar 23 | 42 | -3 | 0 | 0 |
| 31 Dec 22 | 39 | 4 | 4 | 0 |
| 30 Sep 22 | 35 | 3 | 4 | 0 |
| 30 Jun 22 | 34 | 3 | 0 | 0 |
| 31 Mar 22 | 30 | 2 | 4 | 0 |
| 31 Dec 21 | 22 | -3 | 0 | 0 |
| 30 Sep 21 | 22 | -3 | 0 | 0 |
| 30 Jun 21 | 17 | -4 | 0 | 0 |
| 31 Mar 21 | 12 | -5 | 0 | 0 |
| 31 Dec 20 | 10 | -4 | 2 | 0 |
| 30 Sep 20 | 18 | -4 | 2 | 0 |
| 30 Jun 20 | 19 | -4 | 0 | 0 |
| 31 Mar 20 | 22 | -5 | 2 | 0 |
| 31 Dec 19 | -236 | -5 | 0 | 0 |
| 30 Sep 19 | -166 | -9 | 0 | 0 |
| 30 Jun 19 | -38 | -8 | 0 | 0 |
| 31 Mar 19 | 20 | -7 | 0 | 0 |
| 31 Dec 18 | 318 | -7 | 4 | 0 |
| 30 Sep 18 | 286 | -4 | 4 | 0 |
| 30 Jun 18 | 181 | -5 | 4 | 0 |
| 31 Mar 18 | 149 | -4 | 4 | 0 |
| 31 Dec 17 | 75 | -5 | 75 | 0 |
| 30 Sep 17 | 57 | -5 | 75 | 0 |
| 30 Jun 17 | 82 | -4 | 75 | 0 |
| 31 Mar 17 | 178 | -4 | 1 | 0 |
| 31 Dec 16 | 247 | -1 | 85 | 0 |
| 30 Sep 16 | 266 | -1 | 85 | 0 |
| 30 Jun 16 | 288 | 1 | 85 | 0 |
| 31 Mar 16 | 350 | 2 | 85 | 0 |
| 31 Dec 15 | 511 | 3 | 79 | 0 |
| 30 Sep 15 | 624 | 4 | 79 | 0 |
| 30 Jun 15 | 739 | 4 | 79 | 0 |
| 31 Mar 15 | 837 | 3 | 91 | 0 |
| 31 Dec 14 | 847 | 3 | 56 | 0 |
| 30 Sep 14 | 986 | 3 | 56 | 0 |
| 30 Jun 14 | 1,115 | 2 | 56 | 0 |
| 31 Mar 14 | 1,149 | 2 | 56 | 0 |
| 31 Dec 13 | 1,089 | 3 | 57 | 0 |
| 30 Sep 13 | 1,040 | 3 | 57 | 0 |
| 30 Jun 13 | 945 | 3 | 57 | 0 |
Quality Earnings: 539383 is currently unprofitable.
Growing Profit Margin: 539383 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 539383 is unprofitable, but has reduced losses over the past 5 years at a rate of 47.2% per year.
Accelerating Growth: Unable to compare 539383's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 539383 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (41.1%).
Return on Equity
High ROE: 539383 has a negative Return on Equity (-1.73%), as it is currently unprofitable.