Litix Past Earnings Performance
Past criteria checks 4/6
Litix has been growing earnings at an average annual rate of 14.8%, while the Commercial Services industry saw earnings growing at 12.2% annually. Revenues have been declining at an average rate of 25.6% per year. Litix's return on equity is 40%, and it has net margins of 15.4%.
Key information
14.8%
Earnings growth rate
n/a
EPS growth rate
| Commercial Services Industry Growth | 15.5% |
| Revenue growth rate | -25.6% |
| Return on equity | 40.0% |
| Net Margin | 15.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Litix 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 | 5 | 1 | 1 | 0 |
| 31 Dec 22 | 6 | 1 | 1 | 0 |
Quality Earnings: LTX has high quality earnings.
Growing Profit Margin: LTX's current net profit margins (15.4%) are higher than last year (10%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if LTX's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare LTX's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: LTX earnings growth over the past year (14.8%) exceeded the Commercial Services industry -5.3%.
Return on Equity
High ROE: LTX's Return on Equity (40%) is considered high.