Suresofttech Past Earnings Performance
Past criteria checks 1/6
Suresofttech's earnings have been declining at an average annual rate of -28.3%, while the IT industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 47.5% per year. Suresofttech's return on equity is 6.1%, and it has net margins of 8%.
Key information
-28.3%
Earnings growth rate
-82.2%
EPS growth rate
| IT Industry Growth | 14.1% |
| Revenue growth rate | 47.5% |
| Return on equity | 6.1% |
| Net Margin | 8.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Suresofttech 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 Dec 23 | 63,290 | 5,058 | 45,034 | 3,662 |
| 30 Sep 23 | 49,338 | 844 | 34,375 | 3,484 |
| 30 Jun 23 | 47,734 | 1,489 | 32,550 | 3,326 |
| 31 Mar 23 | 45,579 | 5,468 | 30,983 | 3,124 |
| 30 Sep 22 | 40,157 | 8,678 | 28,787 | 2,815 |
| 31 Mar 22 | 38,899 | 8,795 | 27,410 | 2,656 |
Quality Earnings: A298830 has high quality earnings.
Growing Profit Margin: A298830's current net profit margins (8%) are lower than last year (16.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if A298830's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: A298830's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: A298830 had negative earnings growth (-28.3%) over the past year, making it difficult to compare to the IT industry average (-1%).
Return on Equity
High ROE: A298830's Return on Equity (6.1%) is considered low.