Red Ideas Holdings Berhad Past Earnings Performance
Past criteria checks 0/6
Red Ideas Holdings Berhad has been growing earnings at an average annual rate of 16.1%, while the Software industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 15.4% per year.
Key information
16.1%
Earnings growth rate
17.2%
EPS growth rate
| Software Industry Growth | 11.6% |
| Revenue growth rate | 15.4% |
| Return on equity | -744.3% |
| Net Margin | -48.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Red Ideas Holdings Berhad 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 | 5 | -3 | 6 | 0 |
| 30 Sep 23 | 5 | -2 | 5 | 0 |
| 30 Jun 23 | 5 | -1 | 4 | 0 |
| 31 Mar 23 | 5 | -1 | 4 | 0 |
| 31 Dec 22 | 5 | -1 | 4 | 0 |
| 30 Sep 22 | 5 | -1 | 4 | 0 |
| 30 Jun 22 | 5 | -1 | 4 | 0 |
| 31 Mar 22 | 4 | -1 | 4 | 0 |
| 31 Dec 21 | 4 | -1 | 4 | 0 |
| 30 Sep 21 | 4 | -2 | 4 | 0 |
| 30 Jun 21 | 4 | -2 | 4 | 0 |
| 31 Mar 21 | 4 | -2 | 5 | 0 |
| 31 Dec 20 | 4 | -3 | 5 | 0 |
| 30 Sep 20 | 4 | -3 | 5 | 0 |
| 30 Jun 20 | 4 | -3 | 5 | 0 |
| 31 Mar 20 | 3 | -2 | 4 | 0 |
| 31 Dec 19 | 3 | -2 | 4 | 0 |
| 30 Sep 19 | 3 | -2 | 4 | 0 |
| 30 Jun 19 | 3 | -2 | 4 | 0 |
| 31 Mar 19 | 2 | -2 | 4 | 0 |
| 31 Dec 18 | 2 | -2 | 3 | 0 |
| 30 Jun 18 | 1 | -4 | 4 | 0 |
| 31 Mar 18 | 1 | -3 | 3 | 0 |
| 31 Dec 17 | 1 | -3 | 3 | 0 |
| 31 Dec 16 | 0 | -1 | 1 | 0 |
Quality Earnings: REDIDEA is currently unprofitable.
Growing Profit Margin: REDIDEA is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: REDIDEA is unprofitable, but has reduced losses over the past 5 years at a rate of 16.1% per year.
Accelerating Growth: Unable to compare REDIDEA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: REDIDEA is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-21.4%).
Return on Equity
High ROE: REDIDEA has a negative Return on Equity (-744.28%), as it is currently unprofitable.