Goodpatch Past Earnings Performance
Past criteria checks 2/6
Goodpatch's earnings have been declining at an average annual rate of -13.8%, while the IT industry saw earnings growing at 14.4% annually. Revenues have been growing at an average rate of 17% per year. Goodpatch's return on equity is 4.1%, and it has net margins of 3.9%.
Key information
-13.8%
Earnings growth rate
-18.8%
EPS growth rate
| IT Industry Growth | 14.3% |
| Revenue growth rate | 17.0% |
| Return on equity | 4.1% |
| Net Margin | 3.9% |
| Next Earnings Update | 12 Jul 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Goodpatch 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 | 4,175 | 161 | 2,052 | 0 |
| 30 Nov 23 | 4,104 | 199 | 1,990 | 0 |
| 31 Aug 23 | 3,928 | 216 | 1,973 | 0 |
| 31 May 23 | 3,785 | 30 | 1,906 | 0 |
| 28 Feb 23 | 3,685 | -49 | 1,971 | 0 |
| 30 Nov 22 | 3,594 | -102 | 1,999 | 0 |
| 31 Aug 22 | 3,724 | 72 | 1,881 | 0 |
| 31 May 22 | 3,523 | 294 | 1,772 | 0 |
| 28 Feb 22 | 3,255 | 358 | 1,590 | 0 |
| 30 Nov 21 | 3,068 | 391 | 1,441 | 0 |
| 31 Aug 21 | 2,741 | 327 | 1,323 | 0 |
| 31 May 21 | 2,559 | 310 | 1,213 | 0 |
| 28 Feb 21 | 2,365 | 232 | 1,163 | 0 |
| 30 Nov 20 | 2,234 | 227 | 1,131 | 0 |
| 31 Aug 20 | 2,143 | 215 | 1,138 | 0 |
| 31 Aug 19 | 1,683 | 57 | 987 | 0 |
| 31 Aug 18 | 1,371 | -22 | 751 | 0 |
Quality Earnings: 7351 has high quality earnings.
Growing Profit Margin: 7351 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 7351's earnings have declined by 13.8% per year over the past 5 years.
Accelerating Growth: 7351 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 7351 has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (12.8%).
Return on Equity
High ROE: 7351's Return on Equity (4.1%) is considered low.