Sure Global Tech Past Earnings Performance
Past criteria checks 3/6
Sure Global Tech has been growing earnings at an average annual rate of 20.3%, while the IT industry saw earnings growing at 20.1% annually. Revenues have been growing at an average rate of 10.3% per year. Sure Global Tech's return on equity is 26.5%, and it has net margins of 13.5%.
Key information
20.3%
Earnings growth rate
14.3%
EPS growth rate
| IT Industry Growth | 20.9% |
| Revenue growth rate | 10.3% |
| Return on equity | 26.5% |
| Net Margin | 13.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Sure Global 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 |
|---|---|---|---|---|
| 30 Jun 24 | 214 | 29 | 28 | 0 |
| 31 Mar 24 | 204 | 29 | 27 | 0 |
| 31 Dec 23 | 194 | 29 | 27 | 0 |
| 31 Dec 22 | 208 | 24 | 24 | 0 |
| 31 Dec 21 | 185 | 18 | 18 | 0 |
| 30 Jun 21 | 131 | 19 | 20 | 0 |
| 31 Mar 21 | 133 | 17 | 19 | 0 |
| 31 Dec 20 | 135 | 15 | 19 | 0 |
| 31 Dec 19 | 107 | 9 | 15 | 0 |
Quality Earnings: 9550 has a high level of non-cash earnings.
Growing Profit Margin: 9550's current net profit margins (13.5%) are higher than last year (13.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9550's earnings have grown significantly by 20.3% per year over the past 5 years.
Accelerating Growth: 9550's earnings growth over the past year (9.8%) is below its 5-year average (20.3% per year).
Earnings vs Industry: 9550 earnings growth over the past year (9.8%) did not outperform the IT industry 15%.
Return on Equity
High ROE: 9550's Return on Equity (26.5%) is considered high.