River Tech Past Earnings Performance
Past criteria checks 5/6
River Tech has been growing earnings at an average annual rate of 51.7%, while the Software industry saw earnings growing at 50.5% annually. Revenues have been growing at an average rate of 25.9% per year. River Tech's return on equity is 61.7%, and it has net margins of 54.8%.
Key information
51.7%
Earnings growth rate
52.5%
EPS growth rate
| Software Industry Growth | 52.6% |
| Revenue growth rate | 25.9% |
| Return on equity | 61.7% |
| Net Margin | 54.8% |
| Next Earnings Update | 29 Aug 2024 |
Recent past performance updates
Recent updates
Improved Earnings Required Before River Tech p.l.c. (OB:RIVER) Shares Find Their Feet
Dec 20
It's A Story Of Risk Vs Reward With River Tech p.l.c. (OB:RIVER)
Jul 07We Think River Tech (OB:RIVER) Can Manage Its Debt With Ease
Oct 25River Tech's (OB:RIVER) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 06Did River iGaming's (OB:RIVER) Share Price Deserve to Gain 58%?
Dec 24Revenue & Expenses BreakdownBeta
How River Tech 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 | 15 | 8 | 0 | 0 |
| 30 Sep 23 | 15 | 8 | -1 | 0 |
| 30 Jun 23 | 15 | 8 | 1 | 0 |
| 31 Mar 23 | 14 | 8 | 1 | 0 |
| 31 Dec 22 | 14 | 7 | 2 | 0 |
| 30 Sep 22 | 13 | 7 | 3 | 0 |
| 30 Jun 22 | 13 | 7 | 4 | 0 |
| 31 Mar 22 | 12 | 6 | 5 | 0 |
| 31 Dec 21 | 11 | 4 | 6 | 0 |
| 30 Sep 21 | 9 | 2 | 5 | 0 |
| 30 Jun 21 | 8 | 0 | 5 | 0 |
| 31 Mar 21 | 8 | 0 | 4 | 0 |
| 31 Dec 20 | 7 | 1 | 2 | 0 |
| 30 Jun 20 | 10 | 7 | 2 | 0 |
| 31 Mar 20 | 9 | 4 | 2 | 0 |
| 31 Dec 19 | 8 | 2 | 2 | 0 |
| 30 Jun 19 | 3 | -7 | 2 | 0 |
| 31 Mar 19 | 3 | -6 | 2 | 0 |
| 31 Dec 18 | 2 | -5 | 2 | 0 |
Quality Earnings: RIVER has high quality earnings.
Growing Profit Margin: RIVER's current net profit margins (54.8%) are higher than last year (53%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RIVER has become profitable over the past 5 years, growing earnings by 51.7% per year.
Accelerating Growth: RIVER's earnings growth over the past year (13.4%) is below its 5-year average (51.7% per year).
Earnings vs Industry: RIVER earnings growth over the past year (13.4%) exceeded the Software industry 12.7%.
Return on Equity
High ROE: RIVER's Return on Equity (61.7%) is considered outstanding.