Logo Yazilim Sanayi ve Ticaret Past Earnings Performance

Past criteria checks 4/6

Logo Yazilim Sanayi ve Ticaret has been growing earnings at an average annual rate of 13.7%, while the Software industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 47.6% per year. Logo Yazilim Sanayi ve Ticaret's return on equity is 10.4%, and it has net margins of 8%.

Key information

13.7%

Earnings growth rate

14.3%

EPS growth rate

Software Industry Growth	45.4%
Revenue growth rate	47.6%
Return on equity	10.4%
Net Margin	8.0%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Logo Yazilim Sanayi ve Ticaret makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

IBSE:LOGO Revenue, expenses and earnings (TRY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 24	3,560	284	1,316	1,086
30 Jun 24	3,366	24	1,265	1,054
31 Mar 24	3,149	196	1,254	1,002
31 Dec 23	2,975	140	1,159	934
30 Sep 23	4,931	140	1,510	1,429
30 Jun 23	4,340	403	1,316	1,190
31 Mar 23	3,496	131	1,061	906
31 Dec 22	2,887	319	865	710
30 Sep 22	1,300	449	385	262
30 Jun 22	1,086	384	324	226
31 Mar 22	897	303	269	196
31 Dec 21	767	265	242	175
30 Sep 21	693	200	234	152
30 Jun 21	643	183	230	136
31 Mar 21	583	149	221	126
31 Dec 20	545	115	214	119
30 Sep 20	492	112	178	116
30 Jun 20	465	101	167	111
31 Mar 20	442	92	161	106
31 Dec 19	422	86	154	102
30 Sep 19	372	72	128	96
30 Jun 19	358	70	122	92
31 Mar 19	335	65	112	87
31 Dec 18	321	68	106	83
30 Sep 18	300	65	95	75
30 Jun 18	279	62	92	67
31 Mar 18	270	58	89	65
31 Dec 17	256	51	85	61
30 Sep 17	254	38	81	68
30 Jun 17	234	38	71	69
31 Mar 17	208	40	63	63
31 Dec 16	190	45	58	59
30 Sep 16	150	45	53	46
30 Jun 16	147	49	52	42
31 Mar 16	139	45	50	39
31 Dec 15	129	40	49	36
30 Sep 15	124	45	43	33
30 Jun 15	110	32	42	32
31 Mar 15	108	32	41	30
31 Dec 14	104	28	41	29
30 Sep 14	101	30	35	25
30 Jun 14	95	28	32	22
31 Mar 14	81	22	28	19
31 Dec 13	71	19	24	17

Quality Earnings: LOGO has high quality earnings.

Growing Profit Margin: LOGO's current net profit margins (8%) are higher than last year (2.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: LOGO's earnings have grown by 13.7% per year over the past 5 years.

Accelerating Growth: LOGO's earnings growth over the past year (102.6%) exceeds its 5-year average (13.7% per year).

Earnings vs Industry: LOGO earnings growth over the past year (102.6%) did not outperform the Software industry 102.6%.

Return on Equity

High ROE: LOGO's Return on Equity (10.4%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 01:26
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Logo Yazilim Sanayi ve Ticaret A.S. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Banu Tokali	Halk Yatirim Menkul Degerler A.S.
Melis Pocar	OYAK Yatirim Menkul Degerler A.S.
Vedat Mizrahi	Unlu & Co.

Logo Yazilim Sanayi ve Ticaret Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Third quarter 2024 earnings released

Second quarter 2024 earnings released

First quarter 2024 earnings released: ₺0.38 loss per share (vs ₺0.64 profit in 1Q 2023)

Full year 2023 earnings released

Third quarter 2023 earnings released

Second quarter 2023 earnings released

Recent updates

Third quarter 2024 earnings released

Now 21% undervalued

New minor risk - Profit margin trend

Second quarter 2024 earnings released

Now 2.2% undervalued

Now 20% overvalued after recent price rise

First quarter 2024 earnings released: ₺0.38 loss per share (vs ₺0.64 profit in 1Q 2023)

Full year 2023 earnings released

Investor sentiment deteriorates as stock falls 17%

Consensus EPS estimates fall by 13%

Now 24% overvalued after recent price rise

Investor sentiment improves as stock rises 18%

Now 22% undervalued after recent price drop

Third quarter 2023 earnings released

Investor sentiment deteriorates as stock falls 16%

Investor sentiment deteriorates as stock falls 19%

Second quarter 2023 earnings released

Consensus EPS estimates increase by 43%

Consensus revenue estimates increase by 12%

First quarter 2023 earnings released

Consensus revenue estimates increase by 12%

Price target increased by 7.2% to ₺83.38

Investor sentiment improves as stock rises 18%

Price target increased by 8.1% to ₺80.88

Full year 2022 earnings released

Investor sentiment deteriorates as stock falls 16%

Third quarter 2022 earnings released

Logo Yazilim Sanayi ve Ticaret A.S. (IBSE:LOGO) signed a share subscription agreement to acquire 4.02% of Figo Ticari Bilgi ve Uygulama Platformu A.S for $2 million.

Second quarter 2022 earnings released

High number of new directors

Consensus forecasts updated

Price target increased to ₺63.18

Consensus forecasts updated

First quarter 2022 earnings: Revenues exceed analyst expectations

Upcoming dividend of ₺0.90 per share

Less than half of directors are independent

Price target increased to ₺57.74

Upcoming dividend of ₺0.90 per share

Price target increased to ₺57.00

Consensus revenue estimates increase by 14%

Full year 2021 earnings: Revenues miss analyst expectations

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released

Price target increased to ₺47.35

Second quarter 2021 earnings released

First quarter 2021 earnings released: EPS ₺0.022 (vs ₺0.83 in 1Q 2020)

Upcoming dividend of ₺1.20 per share

Investor sentiment improved over the past week

New 90-day high: ₺162

Investor sentiment improved over the past week

Full year 2020 earnings released

Revenue beats expectations

New 90-day high: ₺147

New 90-day high: ₺133

New 90-day high: ₺114

New 90-day high: ₺109

Price target raised to ₺88.05

Third quarter earnings released

New 90-day high: ₺102

New 90-day high: ₺95.00

First half earnings released

Logo Yazilim Sanayi ve Ticaret A.S. (IBSE:LOGO) completed the acquisition of 86.7% stake in Peoplise from 500 Startups Management Co., LLC, Revo Capital, Guclu Ozenci, Çagatay Güney, Doruk Molo and Mehmet Ali Ozenci.