Lease IT Past Earnings Performance
Past criteria checks 0/6
Lease IT's earnings have been declining at an average annual rate of -66%, while the Diversified Financial industry saw earnings growing at 15% annually. Revenues have been declining at an average rate of 59% per year.
Key information
-66.0%
Earnings growth rate
-64.1%
EPS growth rate
| Diversified Financial Industry Growth | -4.2% |
| Revenue growth rate | -59.0% |
| Return on equity | -11.9% |
| Net Margin | 270.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Lease IT 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 | -44 | -118 | 74 | 0 |
| 30 Sep 23 | -62 | -122 | 77 | 0 |
| 30 Jun 23 | -42 | -107 | 77 | 0 |
| 31 Mar 23 | -31 | -103 | 78 | 0 |
| 31 Dec 22 | -31 | -100 | 77 | 0 |
| 30 Sep 22 | -91 | -157 | 78 | 0 |
| 30 Jun 22 | -72 | -143 | 79 | 0 |
| 31 Mar 22 | -50 | -118 | 80 | 0 |
| 31 Dec 21 | -19 | -95 | 81 | 0 |
| 30 Sep 21 | 125 | 21 | 78 | 0 |
| 30 Jun 21 | 173 | 38 | 83 | 0 |
| 31 Mar 21 | 196 | 54 | 85 | 0 |
| 31 Dec 20 | 216 | 71 | 90 | 0 |
| 30 Sep 20 | 198 | 52 | 64 | 0 |
| 30 Jun 20 | 201 | 70 | 68 | 0 |
| 31 Mar 20 | 237 | 90 | 83 | 0 |
| 31 Dec 19 | 262 | 103 | 90 | 0 |
| 30 Sep 19 | 304 | 137 | 151 | 0 |
| 30 Jun 19 | 313 | 141 | 143 | 0 |
| 31 Mar 19 | 298 | 145 | 123 | 0 |
| 31 Dec 18 | 305 | 149 | 113 | 0 |
| 30 Sep 18 | 296 | 150 | 115 | 0 |
| 30 Jun 18 | 294 | 151 | 114 | 0 |
| 31 Mar 18 | 303 | 148 | 107 | 0 |
| 31 Dec 17 | 298 | 145 | 117 | 0 |
| 30 Sep 17 | 296 | 139 | 87 | 0 |
| 30 Jun 17 | 271 | 127 | 91 | 0 |
| 31 Mar 17 | 248 | 115 | 103 | 0 |
| 31 Dec 16 | 218 | 101 | 92 | 0 |
| 30 Sep 16 | 195 | 92 | 79 | 0 |
| 30 Jun 16 | 176 | 83 | 71 | 0 |
| 31 Mar 16 | 157 | 75 | 62 | 0 |
| 31 Dec 15 | 148 | 70 | 59 | 0 |
| 30 Sep 15 | 142 | 64 | 61 | 0 |
| 30 Jun 15 | 132 | 60 | 56 | 0 |
| 31 Mar 15 | 122 | 54 | 55 | 0 |
| 31 Dec 14 | 107 | 48 | 48 | 0 |
| 30 Sep 14 | 97 | 42 | 46 | 0 |
| 30 Jun 14 | 89 | 36 | 44 | 0 |
| 31 Mar 14 | 82 | 34 | 40 | 0 |
| 31 Dec 13 | 78 | 32 | 38 | 0 |
Quality Earnings: LIT is currently unprofitable.
Growing Profit Margin: LIT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LIT is unprofitable, and losses have increased over the past 5 years at a rate of 66% per year.
Accelerating Growth: Unable to compare LIT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LIT is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (12.9%).
Return on Equity
High ROE: LIT has a negative Return on Equity (-11.87%), as it is currently unprofitable.