Innovation Past Earnings Performance
Past criteria checks 5/6
Innovation has been growing earnings at an average annual rate of 6.4%, while the Interactive Media and Services industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 20.5% per year. Innovation's return on equity is 6.6%, and it has net margins of 5.1%.
Key information
6.4%
Earnings growth rate
2.7%
EPS growth rate
| Interactive Media and Services Industry Growth | 12.0% |
| Revenue growth rate | 20.5% |
| Return on equity | 6.6% |
| Net Margin | 5.1% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Innovation 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 Mar 24 | 4,813 | 244 | 1,672 | 0 |
| 31 Dec 23 | 4,549 | 48 | 1,634 | 0 |
| 30 Sep 23 | 4,273 | 60 | 1,611 | 0 |
| 30 Jun 23 | 4,468 | 22 | 1,664 | 0 |
| 31 Mar 23 | 4,570 | 62 | 1,664 | 0 |
| 31 Dec 22 | 4,644 | 409 | 1,583 | 0 |
| 30 Sep 22 | 4,826 | 439 | 1,599 | 0 |
| 30 Jun 22 | 4,608 | 486 | 1,523 | 0 |
| 31 Mar 22 | 4,380 | 448 | 1,450 | 0 |
| 31 Dec 21 | 4,131 | 353 | 1,403 | 0 |
| 30 Sep 21 | 3,683 | 320 | 1,239 | 0 |
| 30 Jun 21 | 3,289 | 285 | 1,100 | 0 |
| 31 Mar 21 | 3,083 | 293 | 1,030 | 0 |
| 31 Dec 20 | 2,660 | 254 | 894 | 0 |
| 30 Sep 20 | 2,451 | 190 | 870 | 0 |
| 30 Jun 20 | 2,234 | 136 | 836 | 0 |
| 31 Mar 20 | 2,022 | 92 | 773 | 0 |
| 31 Dec 19 | 1,886 | 101 | 727 | 0 |
| 31 Mar 19 | 1,487 | 8 | 652 | 0 |
Quality Earnings: 3970 has high quality earnings.
Growing Profit Margin: 3970's current net profit margins (5.1%) are higher than last year (1.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3970's earnings have grown by 6.4% per year over the past 5 years.
Accelerating Growth: 3970's earnings growth over the past year (293.5%) exceeds its 5-year average (6.4% per year).
Earnings vs Industry: 3970 earnings growth over the past year (293.5%) exceeded the Interactive Media and Services industry 12.2%.
Return on Equity
High ROE: 3970's Return on Equity (6.6%) is considered low.