Solidx Past Earnings Performance
Past criteria checks 1/6
Solidx's earnings have been declining at an average annual rate of -13.3%, while the IT industry saw earnings growing at 18.5% annually. Revenues have been growing at an average rate of 38.6% per year. Solidx's return on equity is 1.3%, and it has net margins of 0.5%.
Key information
-13.3%
Earnings growth rate
-14.0%
EPS growth rate
| IT Industry Growth | 15.3% |
| Revenue growth rate | 38.6% |
| Return on equity | 1.3% |
| Net Margin | 0.5% |
| Next Earnings Update | 26 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Solidx 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 Apr 24 | 119 | 1 | 13 | 0 |
| 31 Jan 24 | 108 | 2 | 10 | 0 |
| 31 Oct 23 | 102 | 4 | 10 | 0 |
| 31 Jul 23 | 102 | 4 | 10 | 0 |
| 30 Apr 23 | 101 | 5 | 9 | 0 |
| 31 Jan 23 | 97 | 6 | 9 | 0 |
| 31 Oct 22 | 88 | 5 | 8 | 0 |
| 31 Jul 22 | 74 | 2 | 7 | 0 |
| 30 Apr 22 | 64 | 5 | 6 | 0 |
| 31 Jan 22 | 50 | 4 | 4 | 0 |
| 31 Oct 21 | 41 | 4 | 3 | 0 |
| 31 Jul 21 | 38 | 4 | 3 | 0 |
| 30 Apr 21 | 32 | 3 | 2 | 0 |
Quality Earnings: SOLIDX has high quality earnings.
Growing Profit Margin: SOLIDX's current net profit margins (0.5%) are lower than last year (4.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SOLIDX's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: SOLIDX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SOLIDX had negative earnings growth (-87.5%) over the past year, making it difficult to compare to the IT industry average (-8.3%).
Return on Equity
High ROE: SOLIDX's Return on Equity (1.3%) is considered low.