Nord Insuretech Group Past Earnings Performance
Past criteria checks 0/6
Nord Insuretech Group has been growing earnings at an average annual rate of 36.2%, while the Software industry saw earnings growing at 25.5% annually. Revenues have been declining at an average rate of 60.7% per year.
Key information
36.2%
Earnings growth rate
56.8%
EPS growth rate
| Software Industry Growth | 15.7% |
| Revenue growth rate | -60.7% |
| Return on equity | -762.6% |
| Net Margin | -600.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses Breakdown
How Nord Insuretech 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 |
|---|---|---|---|---|
| 31 Dec 23 | 8 | -47 | 16 | 0 |
| 30 Sep 23 | 10 | -28 | 12 | 0 |
| 30 Jun 23 | 12 | -9 | 9 | 0 |
| 31 Mar 23 | 13 | -12 | 10 | 0 |
| 31 Dec 22 | 14 | -14 | 10 | 0 |
| 30 Sep 22 | 13 | -19 | 9 | 0 |
| 30 Jun 22 | 13 | -23 | 8 | 0 |
| 31 Mar 22 | 10 | -22 | 8 | 0 |
| 31 Dec 21 | 8 | -21 | 8 | 0 |
| 30 Sep 21 | 5 | 111 | 10 | 0 |
| 30 Jun 21 | 2 | 242 | 13 | 0 |
| 31 Mar 21 | 1 | 41 | 15 | 0 |
| 31 Dec 20 | 0 | -161 | 18 | 0 |
| 30 Sep 20 | 31 | -344 | 46 | 0 |
| 30 Jun 20 | 70 | -531 | 75 | 0 |
| 31 Mar 20 | 107 | -338 | 71 | 0 |
| 31 Dec 19 | 144 | -145 | 67 | 0 |
| 30 Sep 19 | 137 | -124 | 55 | 0 |
| 30 Jun 19 | 132 | -106 | 17 | 0 |
| 31 Mar 19 | 119 | -99 | 17 | 0 |
| 31 Dec 18 | 106 | -92 | 43 | 0 |
| 31 Dec 17 | 51 | -25 | 4 | 0 |
Quality Earnings: NORDIG is currently unprofitable.
Growing Profit Margin: NORDIG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NORDIG is unprofitable, but has reduced losses over the past 5 years at a rate of 36.2% per year.
Accelerating Growth: Unable to compare NORDIG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NORDIG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (40.1%).
Return on Equity
High ROE: NORDIG has a negative Return on Equity (-762.57%), as it is currently unprofitable.