ForsideLtd Past Earnings Performance
Past criteria checks 2/6
ForsideLtd has been growing earnings at an average annual rate of 52.2%, while the Software industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 5.8% per year. ForsideLtd's return on equity is 7.2%, and it has net margins of 2.3%.
Key information
52.2%
Earnings growth rate
52.9%
EPS growth rate
| Software Industry Growth | 12.1% |
| Revenue growth rate | 5.8% |
| Return on equity | 7.2% |
| Net Margin | 2.3% |
| Next Earnings Update | 14 Aug 2024 |
Recent past performance updates
Recent updates
Is ForsideLtd (TSE:2330) Using Too Much Debt?
May 12
Some Forside Co.,Ltd. (TSE:2330) Shareholders Look For Exit As Shares Take 32% Pounding
Apr 20We Like These Underlying Return On Capital Trends At ForsideLtd (TSE:2330)
Apr 11There's Reason For Concern Over Forside Co.,Ltd.'s (TSE:2330) Massive 407% Price Jump
Feb 26Is ForsideLtd (TYO:2330) Using Debt Sensibly?
Apr 24Is Forside (TYO:2330) A Risky Investment?
Jan 09
Revenue & Expenses BreakdownBeta
How ForsideLtd 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 | 4,817 | 113 | 1,877 | 0 |
| 30 Sep 23 | 4,927 | 26 | 1,878 | 0 |
| 30 Jun 23 | 4,944 | 16 | 1,892 | 0 |
| 31 Mar 23 | 5,062 | -38 | 1,909 | 0 |
| 31 Dec 22 | 4,988 | -107 | 1,907 | 0 |
| 30 Sep 22 | 4,856 | -217 | 1,930 | 0 |
| 30 Jun 22 | 4,791 | -147 | 1,885 | 0 |
| 31 Mar 22 | 4,776 | -35 | 1,830 | 0 |
| 31 Dec 21 | 4,894 | 85 | 1,787 | 0 |
| 30 Sep 21 | 4,843 | 236 | 1,712 | 0 |
| 30 Jun 21 | 4,596 | 162 | 1,702 | 0 |
| 31 Mar 21 | 4,256 | 52 | 1,718 | 0 |
| 31 Dec 20 | 4,033 | -348 | 1,799 | 0 |
| 30 Sep 20 | 3,882 | -393 | 1,849 | 0 |
| 30 Jun 20 | 4,005 | -391 | 1,914 | 0 |
| 31 Mar 20 | 4,106 | -331 | 1,927 | 0 |
| 31 Dec 19 | 4,040 | -156 | 1,852 | 0 |
| 30 Sep 19 | 4,079 | -258 | 1,857 | 0 |
| 30 Jun 19 | 4,040 | -586 | 1,814 | 0 |
| 31 Mar 19 | 3,928 | -688 | 1,801 | 0 |
| 31 Dec 18 | 3,920 | -592 | 1,787 | 0 |
| 30 Sep 18 | 3,997 | -469 | 1,667 | 0 |
| 30 Jun 18 | 3,964 | -111 | 1,596 | 0 |
| 31 Mar 18 | 3,744 | -47 | 1,417 | 0 |
| 31 Dec 17 | 3,090 | 29 | 1,120 | 0 |
| 30 Sep 17 | 2,079 | 19 | 841 | 0 |
| 30 Jun 17 | 1,269 | 37 | 549 | 0 |
| 31 Mar 17 | 881 | 106 | 384 | 0 |
| 31 Dec 16 | 935 | 34 | 410 | 0 |
| 30 Sep 16 | 995 | -275 | 443 | 0 |
| 30 Jun 16 | 940 | -384 | 485 | 0 |
| 31 Mar 16 | 729 | -483 | 495 | 0 |
| 31 Dec 15 | 756 | -481 | 537 | 0 |
| 30 Sep 15 | 738 | -308 | 650 | 0 |
| 30 Jun 15 | 698 | -399 | 765 | 0 |
| 31 Mar 15 | 613 | -645 | 912 | 0 |
| 31 Dec 14 | 483 | -783 | 984 | 0 |
| 30 Sep 14 | 409 | -1,697 | 986 | 0 |
| 30 Jun 14 | 497 | -1,980 | 1,280 | 0 |
| 31 Mar 14 | 480 | -2,185 | 1,438 | 0 |
| 31 Dec 13 | 461 | -2,202 | 1,440 | 0 |
| 30 Sep 13 | 446 | -1,585 | 1,495 | 0 |
| 30 Jun 13 | 353 | -1,325 | 1,231 | 0 |
Quality Earnings: 2330 has a large one-off gain of ¥111.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 2330 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2330 has become profitable over the past 5 years, growing earnings by 52.2% per year.
Accelerating Growth: 2330 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 2330 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (17.7%).
Return on Equity
High ROE: 2330's Return on Equity (7.2%) is considered low.