Avance Technologies Past Earnings Performance
Past criteria checks 4/6
Avance Technologies has been growing earnings at an average annual rate of 57.2%, while the Electronic industry saw earnings growing at 28% annually. Revenues have been growing at an average rate of 82.6% per year. Avance Technologies's return on equity is 2.3%, and it has net margins of 4.1%.
Key information
57.2%
Earnings growth rate
53.5%
EPS growth rate
| Electronic Industry Growth | 28.8% |
| Revenue growth rate | 82.6% |
| Return on equity | 2.3% |
| Net Margin | 4.1% |
| Next Earnings Update | 14 Feb 2025 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Avance Technologies 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 Sep 24 | 2,158 | 89 | 1 | 0 |
| 30 Jun 24 | 1,886 | 69 | 1 | 0 |
| 31 Mar 24 | 1,443 | 49 | 1 | 0 |
| 31 Dec 23 | 391 | 27 | 1 | 0 |
| 30 Sep 23 | 238 | 9 | 1 | 0 |
| 30 Jun 23 | 83 | 2 | 1 | 0 |
| 31 Mar 23 | 305 | 4 | 1 | 0 |
| 31 Dec 22 | 354 | -3 | 1 | 0 |
| 30 Sep 22 | 329 | -3 | 1 | 0 |
| 30 Jun 22 | 363 | 1,016 | 1 | 0 |
| 31 Mar 22 | 115 | -6 | 1 | 0 |
| 31 Dec 21 | 61 | -210 | 0 | 0 |
| 30 Sep 21 | 49 | -244 | 0 | 0 |
| 30 Jun 21 | 0 | -261 | 0 | 0 |
| 31 Mar 21 | 0 | -276 | 0 | 0 |
| 31 Dec 20 | 1 | -398 | 0 | 0 |
| 30 Sep 20 | 1 | -421 | 0 | 0 |
| 30 Jun 20 | -48 | -521 | 0 | 0 |
| 31 Mar 20 | 3 | -506 | 1 | 0 |
| 31 Dec 19 | 33 | -173 | 1 | 0 |
| 31 Mar 19 | 34 | 6 | 0 | 0 |
| 31 Mar 18 | 292 | 1 | 1 | 0 |
| 31 Mar 17 | 899 | 2 | 1 | 0 |
| 31 Dec 16 | 903 | -14 | 1 | 0 |
| 30 Sep 16 | 970 | -24 | 1 | 0 |
| 30 Jun 16 | 1,025 | -12 | 0 | 0 |
| 31 Mar 16 | 1,016 | -11 | 1 | 0 |
| 31 Dec 15 | 1,074 | -12 | 1 | 0 |
| 30 Sep 15 | 1,106 | 0 | 1 | 0 |
| 30 Jun 15 | 1,088 | -11 | 0 | 0 |
| 31 Mar 15 | 1,066 | -11 | 1 | 0 |
| 31 Dec 14 | 1,040 | -31 | 0 | 0 |
| 30 Sep 14 | 975 | -32 | 0 | 0 |
| 30 Jun 14 | 897 | -33 | 0 | 0 |
| 31 Mar 14 | 886 | -34 | 0 | 0 |
| 31 Dec 13 | 943 | -6 | 0 | 0 |
Quality Earnings: 512149 has a large one-off gain of ₹25.2M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 512149's current net profit margins (4.1%) are higher than last year (3.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 512149 has become profitable over the past 5 years, growing earnings by 57.2% per year.
Accelerating Growth: 512149's earnings growth over the past year (907.4%) exceeds its 5-year average (57.2% per year).
Earnings vs Industry: 512149 earnings growth over the past year (907.4%) exceeded the Electronic industry 30.1%.
Return on Equity
High ROE: 512149's Return on Equity (2.3%) is considered low.