Acer Gadget Past Earnings Performance
Past criteria checks 1/6
Acer Gadget has been growing earnings at an average annual rate of 64.7%, while the Tech industry saw earnings growing at 13.7% annually. Revenues have been growing at an average rate of 33.1% per year. Acer Gadget's return on equity is 9.5%, and it has net margins of 5.8%.
Key information
64.7%
Earnings growth rate
67.7%
EPS growth rate
| Tech Industry Growth | 14.0% |
| Revenue growth rate | 33.1% |
| Return on equity | 9.5% |
| Net Margin | 5.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Acer Gadget 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 | 2,086 | 121 | 155 | 62 |
| 30 Sep 23 | 1,873 | 124 | 130 | 53 |
| 30 Jun 23 | 1,818 | 121 | 134 | 48 |
| 31 Mar 23 | 1,740 | 127 | 127 | 47 |
| 31 Dec 22 | 1,662 | 133 | 120 | 46 |
| 30 Sep 22 | 1,677 | 93 | 133 | 44 |
| 30 Jun 22 | 1,559 | 91 | 125 | 35 |
| 31 Mar 22 | 1,503 | 49 | 123 | 47 |
| 31 Dec 21 | 1,446 | 7 | 120 | 58 |
| 31 Dec 20 | 194 | -40 | 57 | 48 |
| 31 Dec 19 | 202 | -72 | 98 | 67 |
Quality Earnings: 2432 has a high level of non-cash earnings.
Growing Profit Margin: 2432's current net profit margins (5.8%) are lower than last year (8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2432's earnings have grown significantly by 64.7% per year over the past 5 years.
Accelerating Growth: 2432's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2432 had negative earnings growth (-9.1%) over the past year, making it difficult to compare to the Tech industry average (-1.4%).
Return on Equity
High ROE: 2432's Return on Equity (9.5%) is considered low.