Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi A.S.
IBSE:FORTE Stock Report
Market Cap: ₺3.2b
Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi Past Earnings Performance
Past criteria checks 0/6
Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi's earnings have been declining at an average annual rate of -35.7%, while the Software industry saw earnings growing at 20.5% annually. Revenues have been declining at an average rate of 11.5% per year.
Key information
-35.7%
Earnings growth rate
-116.5%
EPS growth rate
Software Industry Growth
45.4%
Revenue growth rate
-11.5%
Return on equity
-22.8%
Net Margin
-17.2%
Last Earnings Update
30 Jun 2024
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
IBSE:FORTE Revenue, expenses and earnings (TRY Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
30 Jun 24
858
-147
75
5
31 Mar 24
653
-35
61
5
31 Dec 23
665
8
54
5
30 Sep 23
982
123
57
6
30 Jun 23
969
112
51
6
31 Mar 23
869
56
38
5
31 Dec 22
685
55
28
4
31 Dec 21
215
23
6
0
31 Dec 20
204
31
4
0
Quality Earnings: FORTE is currently unprofitable.
Growing Profit Margin: FORTE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FORTE is unprofitable, and losses have increased over the past 5 years at a rate of 35.7% per year.
Accelerating Growth: Unable to compare FORTE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FORTE is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (10.6%).
Return on Equity
High ROE: FORTE has a negative Return on Equity (-22.78%), as it is currently unprofitable.