GRID Past Earnings Performance
Past criteria checks 2/6
GRID has been growing earnings at an average annual rate of 74%, while the IT industry saw earnings growing at 13.8% annually. Revenues have been growing at an average rate of 24.9% per year. GRID's return on equity is 11.1%, and it has net margins of 24.4%.
Key information
74.0%
Earnings growth rate
71.3%
EPS growth rate
| IT Industry Growth | 14.3% |
| Revenue growth rate | 24.9% |
| Return on equity | 11.1% |
| Net Margin | 24.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance 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 Jun 24 | 1,652 | 403 | 884 | 0 |
| 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 a high level of non-cash earnings.
Growing Profit Margin: 5582's current net profit margins (24.4%) are higher than last year (16.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 5582's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 5582's past year earnings growth to its 5-year average.
Earnings vs Industry: 5582 earnings growth over the past year (76.8%) exceeded the IT industry 10%.
Return on Equity
High ROE: 5582's Return on Equity (11.1%) is considered low.