f-code Past Earnings Performance
Past criteria checks 2/6
f-code has been growing earnings at an average annual rate of 64.7%, while the IT industry saw earnings growing at 13.2% annually. Revenues have been growing at an average rate of 127.2% per year. f-code's return on equity is 20.7%, and it has net margins of 14.2%.
Key information
64.66%
Earnings growth rate
45.73%
EPS growth rate
| IT Industry Growth | 14.26% |
| Revenue growth rate | 127.22% |
| Return on equity | 20.70% |
| Net Margin | 14.20% |
| Next Earnings Update | 14 Nov 2025 |
Recent past performance updates
Recent updates
Here's Why We Think f-code (TSE:9211) Is Well Worth Watching
Sep 14
We Like f-code's (TSE:9211) Earnings For More Than Just Statutory Profit
Aug 24f-code's (TSE:9211) Shareholders May Want To Dig Deeper Than Statutory Profit
Feb 21Is It Time To Consider Buying f-code Inc. (TSE:9211)?
Nov 19A Look At The Fair Value Of f-code Inc. (TSE:9211)
Sep 19Estimating The Intrinsic Value Of f-code Inc. (TSE:9211)
Jun 18Revenue & Expenses Breakdown
How f-code 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 25 | 8,305 | 1,179 | 3,291 | 0 |
| 31 Mar 25 | 6,511 | 1,047 | 2,468 | 0 |
| 31 Dec 24 | 5,130 | 905 | 1,603 | 0 |
| 30 Sep 24 | 3,979 | 795 | 1,129 | 0 |
| 30 Jun 24 | 3,655 | 716 | 1,070 | 0 |
| 31 Mar 24 | 3,132 | 637 | 916 | 0 |
| 31 Dec 23 | 2,482 | 484 | 759 | 0 |
| 31 Dec 19 | 459 | -41 | 343 | 0 |
Quality Earnings: 9211 has high quality earnings.
Growing Profit Margin: 9211's current net profit margins (14.2%) are lower than last year (19.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 9211's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 9211's past year earnings growth to its 5-year average.
Earnings vs Industry: 9211 earnings growth over the past year (64.7%) exceeded the IT industry 16.1%.
Return on Equity
High ROE: Whilst 9211's Return on Equity (20.7%) is high, this metric is skewed due to their high level of debt.
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 | 2025/11/05 17:10 |
| End of Day Share Price | 2025/11/05 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
f-code 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 |
|---|---|
| Hiroshi Naya | Ichiyoshi Research Institute Inc. |