M3 Technology Past Earnings Performance
Past criteria checks 1/6
M3 Technology has been growing earnings at an average annual rate of 24%, while the Electronic industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 5.1% per year. M3 Technology's return on equity is 16.7%, and it has net margins of 21.4%.
Key information
24.0%
Earnings growth rate
21.7%
EPS growth rate
| Electronic Industry Growth | 14.8% |
| Revenue growth rate | 5.1% |
| Return on equity | 16.7% |
| Net Margin | 21.4% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How M3 Technology 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 Mar 24 | 1,026 | 219 | 94 | 127 |
| 31 Dec 23 | 1,023 | 218 | 90 | 118 |
| 30 Sep 23 | 1,014 | 213 | 93 | 116 |
| 30 Jun 23 | 1,012 | 223 | 96 | 109 |
| 31 Mar 23 | 1,079 | 248 | 104 | 109 |
| 31 Dec 22 | 1,180 | 296 | 108 | 107 |
| 30 Sep 22 | 1,242 | 332 | 112 | 102 |
| 30 Jun 22 | 1,222 | 333 | 111 | 95 |
| 31 Mar 22 | 1,140 | 310 | 106 | 87 |
| 31 Dec 21 | 1,055 | 276 | 100 | 80 |
| 30 Sep 21 | 955 | 234 | 94 | 75 |
| 30 Jun 21 | 864 | 201 | 81 | 69 |
| 31 Mar 21 | 746 | 165 | 70 | 63 |
| 31 Dec 20 | 636 | 137 | 60 | 57 |
| 30 Sep 20 | 524 | 96 | 48 | 57 |
| 30 Jun 20 | 461 | 63 | 46 | 58 |
| 31 Mar 20 | 431 | 51 | 45 | 59 |
| 31 Dec 19 | 401 | 40 | 44 | 60 |
| 31 Dec 18 | 246 | -11 | 38 | 52 |
Quality Earnings: 6799 has a high level of non-cash earnings.
Growing Profit Margin: 6799's current net profit margins (21.4%) are lower than last year (23%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6799's earnings have grown significantly by 24% per year over the past 5 years.
Accelerating Growth: 6799's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6799 had negative earnings growth (-11.5%) over the past year, making it difficult to compare to the Electronic industry average (-23.7%).
Return on Equity
High ROE: 6799's Return on Equity (16.7%) is considered low.