Spir Group Past Earnings Performance
Past criteria checks 2/6
Spir Group's earnings have been declining at an average annual rate of -16.8%, while the Software industry saw earnings growing at 16.8% 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 2.4%.
Key information
-16.8%
Earnings growth rate
-36.6%
EPS growth rate
| Software Industry Growth | 52.6% |
| Revenue growth rate | 22.9% |
| Return on equity | 2.1% |
| Net Margin | 2.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Spir Group's (OB:SPIR) Returns On Capital Are Heading Higher
Oct 25
Further Upside For Spir Group ASA (OB:SPIR) Shares Could Introduce Price Risks After 28% Bounce
Apr 04Market Still Lacking Some Conviction On Spir Group ASA (OB:SPIR)
Dec 29We Like These Underlying Return On Capital Trends At Sikri Holding (OB:SIKRI)
Nov 06Sikri Holding (OB:SIKRI) Has Some Way To Go To Become A Multi-Bagger
Feb 24Revenue & Expenses Breakdown
How Spir Group 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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,095 | 27 | 306 | 0 |
| 30 Jun 24 | 1,077 | -6 | 302 | 0 |
| 31 Mar 24 | 1,059 | -10 | 297 | 0 |
| 31 Dec 23 | 1,057 | -8 | 294 | 0 |
| 30 Sep 23 | 1,049 | -2 | 308 | 0 |
| 30 Jun 23 | 1,027 | -14 | 300 | 0 |
| 31 Mar 23 | 1,004 | -36 | 294 | 0 |
| 31 Dec 22 | 930 | -35 | 259 | 0 |
| 30 Sep 22 | 824 | -24 | 234 | 0 |
| 30 Jun 22 | 779 | -25 | 230 | 0 |
| 31 Mar 22 | 673 | -13 | 192 | 0 |
| 31 Dec 21 | 543 | -8 | 163 | 0 |
| 30 Sep 21 | 477 | 2 | 163 | 0 |
| 30 Jun 21 | 326 | 10 | 119 | 0 |
| 31 Mar 21 | 210 | 18 | 100 | 0 |
| 31 Dec 20 | 168 | 14 | 78 | 0 |
Quality Earnings: SPIR has a large one-off loss of NOK17.0M 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 -16.8% 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 (11.8%).
Return on Equity
High ROE: SPIR's Return on Equity (2.1%) is considered low.