BMIT Technologies p.l.c.

MTSE:BMIT Stock Report

Market Cap: €71.3m

BMIT Technologies Past Earnings Performance

Past criteria checks 1/6

BMIT Technologies has been growing earnings at an average annual rate of 3.7%, while the IT industry saw earnings growing at 15.2% annually. Revenues have been growing at an average rate of 5.6% per year. BMIT Technologies's return on equity is 43.8%, and it has net margins of 16.5%.

Key information

3.7%

Earnings growth rate

-3.3%

EPS growth rate

IT Industry Growth15.3%
Revenue growth rate5.6%
Return on equity43.8%
Net Margin16.5%
Last Earnings Update31 Dec 2023

Recent past performance updates

Earnings Troubles May Signal Larger Issues for BMIT Technologies (MTSE:BMIT) Shareholders

Mar 18
Earnings Troubles May Signal Larger Issues for BMIT Technologies (MTSE:BMIT) Shareholders

Here's Why We Don't Think BMIT Technologies's (MTSE:BMIT) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 10
Here's Why We Don't Think BMIT Technologies's (MTSE:BMIT) Statutory Earnings Reflect Its Underlying Earnings Potential

Recent updates

Here's Why Shareholders Should Examine BMIT Technologies p.l.c.'s (MTSE:BMIT) CEO Compensation Package More Closely

May 22
Here's Why Shareholders Should Examine BMIT Technologies p.l.c.'s (MTSE:BMIT) CEO Compensation Package More Closely

Earnings Troubles May Signal Larger Issues for BMIT Technologies (MTSE:BMIT) Shareholders

Mar 18
Earnings Troubles May Signal Larger Issues for BMIT Technologies (MTSE:BMIT) Shareholders

BMIT Technologies (MTSE:BMIT) Is Reducing Its Dividend To €0.025

Apr 02
BMIT Technologies (MTSE:BMIT) Is Reducing Its Dividend To €0.025

Estimating The Intrinsic Value Of BMIT Technologies p.l.c. (MTSE:BMIT)

May 16
Estimating The Intrinsic Value Of BMIT Technologies p.l.c. (MTSE:BMIT)

Should You Buy BMIT Technologies p.l.c. (MTSE:BMIT) For Its Dividend?

Apr 06
Should You Buy BMIT Technologies p.l.c. (MTSE:BMIT) For Its Dividend?

Is BMIT Technologies (MTSE:BMIT) Using Too Much Debt?

Mar 11
Is BMIT Technologies (MTSE:BMIT) Using Too Much Debt?

Estimating The Fair Value Of BMIT Technologies p.l.c. (MTSE:BMIT)

Feb 13
Estimating The Fair Value Of BMIT Technologies p.l.c. (MTSE:BMIT)

Three Things You Should Check Before Buying BMIT Technologies p.l.c. (MTSE:BMIT) For Its Dividend

Dec 28
Three Things You Should Check Before Buying BMIT Technologies p.l.c. (MTSE:BMIT) For Its Dividend

Here's Why We Don't Think BMIT Technologies's (MTSE:BMIT) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 10
Here's Why We Don't Think BMIT Technologies's (MTSE:BMIT) Statutory Earnings Reflect Its Underlying Earnings Potential

We Think BMIT Technologies (MTSE:BMIT) Can Stay On Top Of Its Debt

Nov 19
We Think BMIT Technologies (MTSE:BMIT) Can Stay On Top Of Its Debt

Revenue & Expenses Breakdown

How BMIT Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

MTSE:BMIT Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2329540
30 Sep 2328540
30 Jun 2328540
31 Mar 2327530
31 Dec 2226530
30 Sep 2225530
30 Jun 2225540
31 Mar 2225540
31 Dec 2125530
30 Sep 2125540
30 Jun 2125540
31 Mar 2125540
31 Dec 2024540
30 Sep 2023540
30 Jun 2023540
31 Mar 2023540
31 Dec 1922430
30 Sep 1922430
30 Jun 1922430
31 Mar 1922430
31 Dec 1821430
30 Sep 1821430
30 Jun 1821420
31 Mar 1820420
31 Dec 1720420
31 Dec 1618430
31 Dec 1515420

Quality Earnings: BMIT has a high level of non-cash earnings.

Growing Profit Margin: BMIT's current net profit margins (16.5%) are lower than last year (20.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BMIT's earnings have grown by 3.7% per year over the past 5 years.

Accelerating Growth: BMIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BMIT had negative earnings growth (-11.9%) over the past year, making it difficult to compare to the IT industry average (3%).


Return on Equity

High ROE: Whilst BMIT's Return on Equity (43.79%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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