MIT Holdings Past Earnings Performance
Past criteria checks 5/6
MIT Holdings has been growing earnings at an average annual rate of 15%, while the IT industry saw earnings growing at 13.7% annually. Revenues have been growing at an average rate of 7.4% per year. MIT Holdings's return on equity is 21%, and it has net margins of 2.6%.
Key information
15.0%
Earnings growth rate
10.2%
EPS growth rate
| IT Industry Growth | 14.3% |
| Revenue growth rate | 7.4% |
| Return on equity | 21.0% |
| Net Margin | 2.6% |
| Last Earnings Update | 31 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How MIT Holdings 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 Aug 24 | 5,142 | 133 | 964 | 0 |
| 31 May 24 | 5,032 | 107 | 970 | 0 |
| 29 Feb 24 | 4,930 | 91 | 968 | 0 |
| 30 Nov 23 | 4,786 | 47 | 977 | 0 |
| 31 Aug 23 | 4,689 | 33 | 955 | 0 |
| 31 May 23 | 4,519 | 15 | 919 | 0 |
| 28 Feb 23 | 4,415 | 19 | 883 | 0 |
| 30 Nov 22 | 4,357 | 45 | 841 | 0 |
| 31 Aug 22 | 4,218 | 45 | 810 | 0 |
| 31 May 22 | 4,101 | 50 | 785 | 0 |
| 28 Feb 22 | 3,967 | 39 | 761 | 0 |
| 30 Nov 21 | 3,865 | 28 | 741 | 0 |
| 31 Aug 21 | 3,844 | 39 | 753 | 0 |
| 30 Nov 20 | 3,851 | 79 | 749 | 0 |
| 30 Nov 19 | 3,845 | 60 | 692 | 0 |
| 30 Nov 18 | 3,827 | 58 | 656 | 0 |
Quality Earnings: 4016 has high quality earnings.
Growing Profit Margin: 4016's current net profit margins (2.6%) are higher than last year (0.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 4016's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: 4016's earnings growth over the past year (303%) exceeds its 5-year average (15% per year).
Earnings vs Industry: 4016 earnings growth over the past year (303%) exceeded the IT industry 11%.
Return on Equity
High ROE: Whilst 4016's Return on Equity (21.04%) is high, this metric is skewed due to their high level of debt.