CombinedX Past Earnings Performance
Past criteria checks 5/6
CombinedX has been growing earnings at an average annual rate of 49.8%, while the IT industry saw earnings growing at 19.6% annually. Revenues have been growing at an average rate of 15.7% per year. CombinedX's return on equity is 18.9%, and it has net margins of 9.3%.
Key information
49.8%
Earnings growth rate
40.9%
EPS growth rate
| IT Industry Growth | 15.3% |
| Revenue growth rate | 15.7% |
| Return on equity | 18.9% |
| Net Margin | 9.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
CombinedX's (STO:CX) Solid Profits Have Weak Fundamentals
Apr 23
CombinedX AB (publ) (STO:CX) Shares Fly 28% But Investors Aren't Buying For Growth
Feb 27News Flash: One Analyst Just Made A Captivating Upgrade To Their CombinedX AB (publ) (STO:CX) Forecasts
Feb 24There Are Reasons To Feel Uneasy About CombinedX's (STO:CX) Returns On Capital
Feb 08Revenue & Expenses BreakdownBeta
How CombinedX 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 | 766 | 71 | 65 | 0 |
| 30 Sep 23 | 756 | 62 | 68 | 0 |
| 30 Jun 23 | 730 | 50 | 67 | 0 |
| 31 Mar 23 | 699 | 41 | 67 | 0 |
| 31 Dec 22 | 651 | 35 | 64 | 0 |
| 30 Sep 22 | 602 | 36 | 58 | 0 |
| 30 Jun 22 | 586 | 39 | 52 | 0 |
| 31 Mar 22 | 576 | 51 | 29 | 0 |
| 31 Dec 21 | 560 | 49 | 46 | 0 |
| 30 Sep 21 | 550 | 31 | 46 | 0 |
| 30 Jun 21 | 549 | 2 | 49 | 0 |
| 31 Mar 21 | 543 | -11 | 124 | 0 |
| 31 Dec 20 | 533 | -15 | 58 | 0 |
| 30 Sep 20 | 486 | -8 | 73 | 0 |
| 30 Jun 20 | 460 | 15 | 83 | 0 |
| 31 Mar 20 | 418 | -1 | 132 | 0 |
| 31 Dec 19 | 389 | -2 | 122 | 0 |
| 31 Oct 19 | 394 | 2 | 123 | 0 |
| 31 Jul 19 | 377 | 11 | 118 | 0 |
| 30 Apr 19 | 365 | 8 | 114 | 0 |
| 31 Jan 19 | 340 | 15 | 101 | 0 |
| 31 Oct 18 | 315 | 21 | 88 | 0 |
| 31 Jul 18 | 273 | 10 | 79 | 0 |
| 30 Apr 18 | 250 | 17 | 75 | 0 |
| 30 Apr 17 | 194 | 14 | 52 | 0 |
| 30 Apr 16 | 176 | 1 | 47 | 0 |
Quality Earnings: CX has high quality earnings.
Growing Profit Margin: CX's current net profit margins (9.3%) are higher than last year (5.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CX's earnings have grown significantly by 49.8% per year over the past 5 years.
Accelerating Growth: CX's earnings growth over the past year (101.4%) exceeds its 5-year average (49.8% per year).
Earnings vs Industry: CX earnings growth over the past year (101.4%) exceeded the IT industry -1.3%.
Return on Equity
High ROE: CX's Return on Equity (18.9%) is considered low.