International Research Corporation Past Earnings Performance
Past criteria checks 1/6
International Research has been growing earnings at an average annual rate of 58.2%, while the IT industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 3.5% per year. International Research's return on equity is 4.9%, and it has net margins of 2.6%.
Key information
58.2%
Earnings growth rate
56.9%
EPS growth rate
| IT Industry Growth | 12.7% |
| Revenue growth rate | 3.5% |
| Return on equity | 4.9% |
| Net Margin | 2.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How International Research Corporation 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 | 1,109 | 29 | 140 | 0 |
| 30 Sep 23 | 1,080 | 34 | 152 | 0 |
| 30 Jun 23 | 933 | 14 | 137 | 0 |
| 31 Mar 23 | 1,178 | 31 | 144 | 0 |
| 31 Dec 22 | 1,289 | 49 | 143 | 0 |
| 30 Sep 22 | 1,149 | 12 | 146 | 0 |
| 30 Jun 22 | 1,109 | 58 | 139 | 0 |
| 31 Mar 22 | 861 | 78 | 138 | 0 |
| 31 Dec 21 | 740 | 19 | 193 | 0 |
| 30 Sep 21 | 795 | 47 | 192 | 0 |
| 30 Jun 21 | 827 | 23 | 209 | 0 |
| 31 Mar 21 | 898 | -5 | 203 | 0 |
| 31 Dec 20 | 856 | 8 | 162 | 0 |
| 30 Sep 20 | 901 | -97 | 173 | 0 |
| 30 Jun 20 | 919 | -111 | 186 | 0 |
| 31 Mar 20 | 882 | -124 | 193 | 0 |
| 31 Dec 19 | 953 | -101 | 186 | 0 |
| 30 Sep 19 | 955 | -46 | 194 | 0 |
| 30 Jun 19 | 967 | -58 | 173 | 0 |
| 31 Mar 19 | 941 | -62 | 188 | 0 |
| 31 Dec 18 | 1,080 | -52 | 190 | 0 |
| 30 Sep 18 | 1,121 | -13 | 196 | 0 |
| 30 Jun 18 | 1,143 | -42 | 231 | 0 |
| 31 Mar 18 | 1,267 | -28 | 216 | 0 |
| 31 Dec 17 | 1,285 | -3 | 223 | 0 |
| 30 Sep 17 | 1,189 | -142 | 314 | 0 |
| 30 Jun 17 | 1,193 | -109 | 287 | 0 |
| 31 Mar 17 | 1,143 | -101 | 290 | 0 |
| 31 Dec 16 | 1,128 | -101 | 283 | 0 |
| 30 Sep 16 | 1,279 | 35 | 172 | 0 |
| 30 Jun 16 | 1,329 | 65 | 168 | 0 |
| 31 Mar 16 | 1,311 | 64 | 164 | 0 |
| 31 Dec 15 | 1,237 | 55 | 162 | 0 |
| 30 Sep 15 | 1,265 | 63 | 165 | 0 |
| 30 Jun 15 | 1,602 | 115 | 164 | 0 |
| 31 Mar 15 | 1,664 | 141 | 160 | 0 |
| 31 Dec 14 | 1,665 | 134 | 154 | 0 |
| 30 Sep 14 | 1,676 | 136 | 149 | 0 |
| 30 Jun 14 | 1,297 | 75 | 141 | 0 |
| 31 Mar 14 | 1,139 | 51 | 136 | 0 |
| 31 Dec 13 | 1,047 | 61 | 130 | 0 |
| 30 Sep 13 | 899 | 59 | 118 | 0 |
| 30 Jun 13 | 845 | 38 | 115 | 0 |
Quality Earnings: IRCP-R has a high level of non-cash earnings.
Growing Profit Margin: IRCP-R's current net profit margins (2.6%) are lower than last year (3.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IRCP-R has become profitable over the past 5 years, growing earnings by 58.2% per year.
Accelerating Growth: IRCP-R's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IRCP-R had negative earnings growth (-40.9%) over the past year, making it difficult to compare to the IT industry average (16.4%).
Return on Equity
High ROE: IRCP-R's Return on Equity (4.9%) is considered low.