NIC Holdings Past Earnings Performance
Past criteria checks 0/6
NIC Holdings has been growing earnings at an average annual rate of 19%, while the Insurance industry saw earnings growing at 17.2% annually. Revenues have been growing at an average rate of 22.5% per year.
Key information
19.0%
Earnings growth rate
19.0%
EPS growth rate
Insurance Industry Growth | 7.6% |
Revenue growth rate | 22.5% |
Return on equity | -5.8% |
Net Margin | -6.4% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How NIC Holdings 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 | 37,124 | -2,379 | 735 | 0 |
31 Dec 22 | 35,761 | 3,353 | 1,030 | 0 |
31 Dec 21 | 19,996 | 3,221 | 11,625 | 0 |
31 Dec 20 | 16,828 | 1,909 | 12,777 | 0 |
31 Dec 19 | 14,661 | -2,696 | 14,853 | 0 |
31 Dec 18 | 14,034 | -1,911 | 13,669 | 0 |
30 Sep 18 | 14,075 | 152 | 11,235 | 0 |
30 Jun 18 | 12,785 | 802 | 8,824 | 0 |
31 Mar 18 | 12,747 | 1,399 | 8,370 | 0 |
31 Dec 17 | 12,815 | 3,408 | 11,044 | 0 |
30 Sep 17 | 12,799 | 1,230 | 7,091 | 0 |
30 Jun 17 | 12,890 | 464 | 6,267 | 0 |
31 Mar 17 | 12,080 | 701 | 6,139 | 0 |
31 Dec 16 | 11,269 | 937 | 6,011 | 0 |
31 Dec 15 | 7,561 | 1,921 | 7,010 | 0 |
31 Dec 14 | 9,551 | 1,798 | 5,315 | 0 |
31 Dec 13 | 10,626 | 2,019 | 6,890 | 0 |
Quality Earnings: NIC is currently unprofitable.
Growing Profit Margin: NIC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NIC is unprofitable, but has reduced losses over the past 5 years at a rate of 19% per year.
Accelerating Growth: Unable to compare NIC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NIC is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (32.4%).
Return on Equity
High ROE: NIC has a negative Return on Equity (-5.82%), as it is currently unprofitable.