GRID Past Earnings Performance
Past criteria checks 5/6
GRID has been growing earnings at an average annual rate of 70.2%, while the IT industry saw earnings growing at 13.2% annually. Revenues have been growing at an average rate of 37.5% per year. GRID's return on equity is 14.9%, and it has net margins of 29.2%.
Key information
70.2%
Earnings growth rate
68.0%
EPS growth rate
| IT Industry Growth | 14.3% |
| Revenue growth rate | 37.5% |
| Return on equity | 14.9% |
| Net Margin | 29.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How GRID 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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,875 | 547 | 810 | 126 |
| 30 Jun 24 | 1,652 | 403 | 758 | 126 |
| 31 Mar 24 | 1,384 | 39 | 784 | 100 |
| 30 Jun 23 | 1,353 | 228 | 647 | 100 |
| 30 Jun 22 | 910 | 91 | 589 | 0 |
| 30 Jun 21 | 706 | -210 | 681 | 0 |
Quality Earnings: 5582 has high quality earnings.
Growing Profit Margin: 5582's current net profit margins (29.2%) are higher than last year (12.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 5582's earnings have grown significantly by 70.2% per year over the past 5 years.
Accelerating Growth: 5582's earnings growth over the past year (232%) exceeds its 5-year average (70.2% per year).
Earnings vs Industry: 5582 earnings growth over the past year (232%) exceeded the IT industry 10.2%.
Return on Equity
High ROE: 5582's Return on Equity (14.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 22:40 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GRID Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Koichi Hariya | Ichiyoshi Research Institute Inc. |