Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi Past Earnings Performance
Past criteria checks 3/6
Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi has been growing earnings at an average annual rate of 49.6%, while the Software industry saw earnings growing at 39.1% annually. Revenues have been growing at an average rate of 33.1% per year. Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi's return on equity is 27%, and it has net margins of 26.1%.
Key information
49.6%
Earnings growth rate
-84.8%
EPS growth rate
| Software Industry Growth | 45.4% |
| Revenue growth rate | 33.1% |
| Return on equity | 27.0% |
| Net Margin | 26.1% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 509 | 133 | 31 | 1 |
| 30 Jun 23 | 495 | 121 | 25 | 1 |
| 31 Mar 23 | 458 | 83 | 20 | 1 |
| 31 Dec 22 | 378 | 73 | 15 | 1 |
| 31 Dec 21 | 215 | 23 | 6 | 0 |
| 31 Dec 20 | 204 | 31 | 4 | 0 |
Quality Earnings: FORTE has a high level of non-cash earnings.
Growing Profit Margin: FORTE's current net profit margins (26.1%) are higher than last year (18%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if FORTE's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare FORTE's past year earnings growth to its 5-year average.
Earnings vs Industry: FORTE earnings growth over the past year (118.6%) exceeded the Software industry 57%.
Return on Equity
High ROE: FORTE's Return on Equity (27%) is considered high.