Practical Solution Past Earnings Performance
Past criteria checks 6/6
Practical Solution has been growing earnings at an average annual rate of 15.9%, while the IT industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 15.8% per year. Practical Solution's return on equity is 21.2%, and it has net margins of 8.6%.
Key information
15.9%
Earnings growth rate
7.7%
EPS growth rate
| IT Industry Growth | 12.7% |
| Revenue growth rate | 15.8% |
| Return on equity | 21.2% |
| Net Margin | 8.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Practical Solution 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 | 1,354 | 116 | 217 | 0 |
| 30 Sep 23 | 1,237 | 93 | 197 | 0 |
| 30 Jun 23 | 1,081 | 85 | 182 | 0 |
| 31 Mar 23 | 977 | 73 | 173 | 0 |
| 31 Dec 22 | 981 | 76 | 174 | 0 |
| 30 Sep 22 | 848 | 72 | 166 | 0 |
| 30 Jun 22 | 722 | 52 | 160 | 0 |
| 31 Mar 22 | 660 | 50 | 152 | 0 |
| 31 Dec 21 | 586 | 39 | 142 | 0 |
| 30 Sep 21 | 603 | 39 | 145 | 0 |
| 30 Jun 21 | 639 | 41 | 147 | 0 |
| 31 Mar 21 | 704 | 45 | 152 | 0 |
| 31 Dec 20 | 735 | 54 | 151 | 0 |
| 30 Sep 20 | 699 | 49 | 146 | 0 |
| 30 Jun 20 | 660 | 54 | 139 | 0 |
| 31 Mar 20 | 656 | 52 | 138 | 0 |
| 31 Dec 19 | 640 | 49 | 138 | 0 |
| 30 Sep 19 | 641 | 61 | 135 | 0 |
| 31 Mar 19 | 587 | 47 | 122 | 0 |
| 31 Dec 18 | 540 | 42 | 117 | 0 |
| 31 Dec 17 | 864 | 55 | 108 | 0 |
| 31 Dec 16 | 617 | 63 | 94 | 0 |
| 31 Dec 15 | 513 | 27 | 82 | 0 |
Quality Earnings: TPS has high quality earnings.
Growing Profit Margin: TPS's current net profit margins (8.6%) are higher than last year (7.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TPS's earnings have grown by 15.9% per year over the past 5 years.
Accelerating Growth: TPS's earnings growth over the past year (53.5%) exceeds its 5-year average (15.9% per year).
Earnings vs Industry: TPS earnings growth over the past year (53.5%) exceeded the IT industry 16.4%.
Return on Equity
High ROE: TPS's Return on Equity (21.2%) is considered high.