GridwizLtd Past Earnings Performance
Past criteria checks 5/6
GridwizLtd has been growing earnings at an average annual rate of 42.4%, while the IT industry saw earnings growing at 17.7% annually. Revenues have been declining at an average rate of 3.2% per year. GridwizLtd's return on equity is 7.1%, and it has net margins of 4.3%.
Key information
42.4%
Earnings growth rate
-8.7%
EPS growth rate
IT Industry Growth | 14.1% |
Revenue growth rate | -3.2% |
Return on equity | 7.1% |
Net Margin | 4.3% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How GridwizLtd 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 Mar 24 | 127,864 | 5,546 | 15,142 | 3,612 |
31 Dec 23 | 131,871 | 4,309 | 14,471 | 4,103 |
31 Dec 22 | 132,142 | -230 | 8,932 | 3,708 |
31 Dec 21 | 110,688 | 5,815 | 7,099 | 2,814 |
31 Dec 20 | 40,424 | -1,890 | 5,462 | 3,529 |
Quality Earnings: A453450 has high quality earnings.
Growing Profit Margin: A453450's current net profit margins (4.3%) are higher than last year (0.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: A453450's earnings have grown significantly by 42.4% per year over the past 5 years.
Accelerating Growth: A453450's earnings growth over the past year (523.4%) exceeds its 5-year average (42.4% per year).
Earnings vs Industry: A453450 earnings growth over the past year (523.4%) exceeded the IT industry 3.4%.
Return on Equity
High ROE: A453450's Return on Equity (7.1%) is considered low.