SHIFT Past Earnings Performance
Past criteria checks 6/6
SHIFT has been growing earnings at an average annual rate of 40.6%, while the IT industry saw earnings growing at 14.4% annually. Revenues have been growing at an average rate of 34.4% per year. SHIFT's return on equity is 22.1%, and it has net margins of 7%.
Key information
40.6%
Earnings growth rate
38.5%
EPS growth rate
| IT Industry Growth | 14.3% |
| Revenue growth rate | 34.4% |
| Return on equity | 22.1% |
| Net Margin | 7.0% |
| Last Earnings Update | 29 Feb 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How SHIFT 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 |
|---|---|---|---|---|
| 29 Feb 24 | 99,992 | 7,037 | 21,779 | 0 |
| 30 Nov 23 | 93,749 | 6,107 | 19,933 | 0 |
| 31 Aug 23 | 88,030 | 6,245 | 18,378 | 0 |
| 31 May 23 | 81,224 | 5,237 | 16,999 | 0 |
| 28 Feb 23 | 75,358 | 4,497 | 16,514 | 0 |
| 30 Nov 22 | 69,957 | 4,827 | 15,913 | 0 |
| 31 Aug 22 | 64,873 | 4,974 | 14,233 | 0 |
| 31 May 22 | 60,120 | 4,632 | 13,101 | 0 |
| 28 Feb 22 | 55,575 | 4,394 | 11,692 | 0 |
| 30 Nov 21 | 50,853 | 3,777 | 10,636 | 0 |
| 31 Aug 21 | 46,004 | 2,818 | 9,918 | 0 |
| 31 May 21 | 40,881 | 2,528 | 8,851 | 0 |
| 28 Feb 21 | 36,169 | 1,980 | 8,059 | 0 |
| 30 Nov 20 | 32,035 | 1,686 | 7,276 | 0 |
| 31 Aug 20 | 28,712 | 1,648 | 6,596 | 0 |
| 31 May 20 | 26,601 | 1,474 | 6,169 | 0 |
| 29 Feb 20 | 24,090 | 1,463 | 5,432 | 0 |
| 30 Nov 19 | 21,675 | 1,160 | 5,083 | 0 |
| 31 Aug 19 | 19,531 | 970 | 4,675 | 0 |
| 31 May 19 | 17,188 | 318 | 4,164 | 0 |
| 28 Feb 19 | 15,263 | 289 | 3,653 | 0 |
| 30 Nov 18 | 14,089 | 398 | 3,011 | 0 |
| 31 Aug 18 | 12,792 | 368 | 2,607 | 0 |
| 31 May 18 | 11,763 | 720 | 2,286 | 0 |
| 28 Feb 18 | 10,578 | 521 | 2,113 | 0 |
| 30 Nov 17 | 9,468 | 362 | 1,989 | 0 |
| 31 Aug 17 | 8,174 | 208 | 1,819 | 0 |
| 31 May 17 | 7,156 | 141 | 1,706 | 0 |
| 28 Feb 17 | 6,395 | 204 | 1,466 | 0 |
| 30 Nov 16 | 5,734 | 279 | 1,254 | 0 |
| 31 Aug 16 | 5,511 | 307 | 1,163 | 0 |
| 31 May 16 | 5,039 | 277 | 1,087 | 0 |
| 29 Feb 16 | 4,382 | 221 | 984 | 0 |
| 30 Nov 15 | 3,770 | 182 | 886 | 0 |
| 31 Aug 15 | 3,288 | 195 | 756 | 0 |
| 31 May 15 | 2,925 | 266 | 696 | 0 |
| 31 Aug 14 | 2,150 | 149 | 565 | 0 |
| 31 Aug 13 | 1,311 | -92 | 456 | 0 |
Quality Earnings: 3697 has high quality earnings.
Growing Profit Margin: 3697's current net profit margins (7%) are higher than last year (6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3697's earnings have grown significantly by 40.6% per year over the past 5 years.
Accelerating Growth: 3697's earnings growth over the past year (56.5%) exceeds its 5-year average (40.6% per year).
Earnings vs Industry: 3697 earnings growth over the past year (56.5%) exceeded the IT industry 13.1%.
Return on Equity
High ROE: 3697's Return on Equity (22.1%) is considered high.