Spir Group Past Earnings Performance

Past criteria checks 2/6

Spir Group's earnings have been declining at an average annual rate of -16.7%, while the Software industry saw earnings growing at 38.2% annually. Revenues have been growing at an average rate of 22.9% per year. Spir Group's return on equity is 2.1%, and it has net margins of 2.5%.

Key information

-16.7%

Earnings growth rate

-36.7%

EPS growth rate

Software Industry Growth52.6%
Revenue growth rate22.9%
Return on equity2.1%
Net Margin2.5%
Next Earnings Update13 Feb 2025

Recent past performance updates

The Strong Earnings Posted By Spir Group (OB:SPIR) Are A Good Indication Of The Strength Of The Business

Nov 20
The Strong Earnings Posted By Spir Group (OB:SPIR) Are A Good Indication Of The Strength Of The Business

Recent updates

The Strong Earnings Posted By Spir Group (OB:SPIR) Are A Good Indication Of The Strength Of The Business

Nov 20
The Strong Earnings Posted By Spir Group (OB:SPIR) Are A Good Indication Of The Strength Of The Business

Spir Group's (OB:SPIR) Returns On Capital Are Heading Higher

Oct 25
Spir Group's (OB:SPIR) Returns On Capital Are Heading Higher

Further Upside For Spir Group ASA (OB:SPIR) Shares Could Introduce Price Risks After 28% Bounce

Apr 04
Further Upside For Spir Group ASA (OB:SPIR) Shares Could Introduce Price Risks After 28% Bounce

Market Still Lacking Some Conviction On Spir Group ASA (OB:SPIR)

Dec 29
Market Still Lacking Some Conviction On Spir Group ASA (OB:SPIR)

We Like These Underlying Return On Capital Trends At Sikri Holding (OB:SIKRI)

Nov 06
We Like These Underlying Return On Capital Trends At Sikri Holding (OB:SIKRI)

Sikri Holding (OB:SIKRI) Has Some Way To Go To Become A Multi-Bagger

Feb 24
Sikri Holding (OB:SIKRI) Has Some Way To Go To Become A Multi-Bagger

Revenue & Expenses Breakdown

How Spir Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:SPIR Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,095273060
30 Jun 241,077-63020
31 Mar 241,059-102970
31 Dec 231,057-82940
30 Sep 231,049-33080
30 Jun 231,027-143000
31 Mar 231,004-362940
31 Dec 22930-352590
30 Sep 22824-242340
30 Jun 22779-252300
31 Mar 22673-131920
31 Dec 21543-81630
30 Sep 2147721630
30 Jun 21326101190
31 Mar 21210181000
31 Dec 2016814780

Quality Earnings: SPIR has a large one-off loss of NOK19.6M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: SPIR became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SPIR has become profitable over the past 5 years, growing earnings by -16.7% per year.

Accelerating Growth: SPIR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SPIR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (17.7%).


Return on Equity

High ROE: SPIR's Return on Equity (2.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 15:44
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Spir Group ASA is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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