tTech Past Earnings Performance
Past criteria checks 2/6
tTech's earnings have been declining at an average annual rate of -41.1%, while the IT industry saw earnings growing at 14.4% annually. Revenues have been growing at an average rate of 7.5% per year. tTech's return on equity is 8.6%, and it has net margins of 4.4%.
Key information
-41.1%
Earnings growth rate
-41.1%
EPS growth rate
| IT Industry Growth | 15.3% |
| Revenue growth rate | 7.5% |
| Return on equity | 8.6% |
| Net Margin | 4.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How tTech 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 | 463 | 21 | 169 | 0 |
| 30 Sep 23 | 445 | 1 | 179 | 0 |
| 30 Jun 23 | 425 | -2 | 178 | 0 |
| 31 Mar 23 | 395 | -12 | 153 | 0 |
| 31 Dec 22 | 374 | -23 | 153 | 0 |
| 30 Sep 22 | 374 | -15 | 86 | 0 |
| 30 Jun 22 | 373 | -10 | 97 | 0 |
| 31 Mar 22 | 394 | -1 | 140 | 0 |
| 31 Dec 21 | 392 | 8 | 159 | 0 |
| 30 Sep 21 | 398 | 31 | 221 | 0 |
| 30 Jun 21 | 394 | 25 | 226 | 0 |
| 31 Mar 21 | 368 | 26 | 210 | 0 |
| 31 Dec 20 | 359 | 22 | 207 | 0 |
| 30 Sep 20 | 341 | 5 | 195 | 0 |
| 30 Jun 20 | 354 | 14 | 191 | 0 |
| 31 Mar 20 | 361 | 25 | 192 | 0 |
| 31 Dec 19 | 340 | 25 | 185 | 0 |
| 30 Sep 19 | 331 | 27 | 183 | 0 |
| 30 Jun 19 | 296 | 28 | 177 | 0 |
| 31 Mar 19 | 281 | 22 | 170 | 0 |
| 31 Dec 18 | 284 | 28 | 166 | 0 |
| 30 Sep 18 | 268 | 29 | 159 | 0 |
| 30 Jun 18 | 255 | 24 | 155 | 0 |
| 31 Mar 18 | 230 | 21 | 153 | 0 |
| 31 Dec 17 | 217 | 19 | 150 | 0 |
| 30 Sep 17 | 221 | 31 | 258 | 0 |
| 30 Jun 17 | 225 | 33 | 220 | 0 |
| 31 Mar 17 | 233 | 37 | 180 | 0 |
| 31 Dec 16 | 223 | 39 | 143 | 0 |
| 30 Sep 16 | 220 | 34 | 59 | 0 |
| 30 Jun 16 | 202 | 30 | 59 | 0 |
| 31 Mar 16 | 185 | 27 | 59 | 0 |
| 31 Dec 15 | 178 | 25 | 59 | 0 |
| 30 Sep 15 | 156 | 21 | -6 | 0 |
| 30 Jun 15 | 146 | 20 | -12 | 0 |
| 31 Mar 15 | 137 | 16 | 10 | 0 |
| 31 Dec 14 | 129 | 15 | 33 | 0 |
| 31 Dec 13 | 109 | 18 | 9 | 0 |
Quality Earnings: TTECH has high quality earnings.
Growing Profit Margin: TTECH became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TTECH's earnings have declined by 41.1% per year over the past 5 years.
Accelerating Growth: TTECH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TTECH has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (9.6%).
Return on Equity
High ROE: TTECH's Return on Equity (8.6%) is considered low.