Avanceon Past Earnings Performance
Past criteria checks 3/6
Avanceon has been growing earnings at an average annual rate of 26.6%, while the IT industry saw earnings growing at 14.5% annually. Revenues have been growing at an average rate of 25.1% per year. Avanceon's return on equity is 17.8%, and it has net margins of 20%.
Key information
26.6%
Earnings growth rate
25.7%
EPS growth rate
IT Industry Growth | 29.7% |
Revenue growth rate | 25.1% |
Return on equity | 17.8% |
Net Margin | 20.0% |
Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Avanceon 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 23 | 13,073 | 2,620 | 7,101 | 0 |
30 Jun 23 | 13,134 | 2,207 | 7,103 | 0 |
31 Mar 23 | 9,407 | 2,326 | 2,061 | 0 |
31 Dec 22 | 9,538 | 1,977 | 1,828 | 0 |
30 Sep 22 | 8,134 | 1,735 | 1,378 | 0 |
30 Jun 22 | 7,047 | 1,434 | 1,170 | 0 |
31 Mar 22 | 7,168 | 1,672 | 1,001 | 0 |
31 Dec 21 | 7,118 | 1,577 | 933 | 0 |
30 Sep 21 | 6,420 | 872 | 778 | 0 |
30 Jun 21 | 6,826 | 1,091 | 705 | 0 |
31 Mar 21 | 6,755 | 905 | 686 | 0 |
31 Dec 20 | 6,445 | 1,045 | 685 | 0 |
30 Sep 20 | 5,572 | 1,184 | 730 | 0 |
30 Jun 20 | 5,211 | 823 | 771 | 0 |
31 Mar 20 | 5,167 | 1,150 | 747 | 0 |
31 Dec 19 | 4,896 | 912 | 707 | 0 |
30 Sep 19 | 4,421 | 725 | 746 | 0 |
30 Jun 19 | 3,717 | 861 | 667 | 0 |
31 Mar 19 | 3,589 | 654 | 608 | 0 |
31 Dec 18 | 3,481 | 692 | 589 | 0 |
30 Sep 18 | 3,108 | 721 | 464 | 0 |
30 Jun 18 | 3,297 | 761 | 469 | 0 |
31 Mar 18 | 2,889 | 634 | 429 | 0 |
31 Dec 17 | 2,814 | 563 | 408 | 0 |
30 Sep 17 | 2,416 | 373 | 358 | 0 |
30 Jun 17 | 2,213 | 365 | 344 | 0 |
31 Mar 17 | 2,165 | 374 | 328 | 0 |
31 Dec 16 | 2,064 | 332 | 322 | 0 |
30 Sep 16 | 1,954 | 271 | 332 | 0 |
30 Jun 16 | 1,894 | 269 | 310 | 0 |
31 Mar 16 | 1,683 | 233 | 293 | 0 |
31 Dec 15 | 1,636 | 242 | 291 | 0 |
30 Sep 15 | 1,755 | 430 | 243 | 0 |
30 Jun 15 | 1,825 | 422 | 242 | 0 |
31 Mar 15 | 1,934 | 475 | 233 | 0 |
31 Dec 14 | 1,928 | 427 | 233 | 0 |
30 Sep 14 | 1,669 | 349 | 220 | 0 |
30 Jun 14 | 1,525 | 294 | 245 | 0 |
31 Mar 14 | 1,823 | 376 | 250 | 0 |
31 Dec 13 | 1,818 | 411 | 254 | 0 |
30 Sep 13 | 2,125 | 543 | 333 | 0 |
30 Jun 13 | 2,477 | 751 | 392 | 0 |
31 Mar 13 | 2,177 | 720 | 339 | 0 |
Quality Earnings: AVN has a high level of non-cash earnings.
Growing Profit Margin: AVN's current net profit margins (20%) are lower than last year (21.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AVN's earnings have grown significantly by 26.6% per year over the past 5 years.
Accelerating Growth: AVN's earnings growth over the past year (51%) exceeds its 5-year average (26.6% per year).
Earnings vs Industry: AVN earnings growth over the past year (51%) exceeded the IT industry 30.2%.
Return on Equity
High ROE: AVN's Return on Equity (17.8%) is considered low.