Summit Networks Past Earnings Performance
Past criteria checks 1/6
Summit Networks's earnings have been declining at an average annual rate of -70.9%, while the Commercial Services industry saw earnings growing at 11.3% annually.
Key information
-70.9%
Earnings growth rate
53.9%
EPS growth rate
| Commercial Services Industry Growth | 8.5% |
| Revenue growth rate | n/a |
| Return on equity | n/a |
| Net Margin | n/a |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Summit Networks 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 | 0 | 0 | 0 | 0 |
| 30 Sep 23 | 0 | 0 | 0 | 0 |
| 30 Jun 23 | 0 | 0 | 0 | 0 |
| 31 Mar 23 | 0 | 0 | 0 | 0 |
| 31 Dec 22 | 0 | 0 | 0 | 0 |
| 30 Sep 22 | 0 | 0 | 0 | 0 |
| 30 Jun 22 | 0 | 0 | 0 | 0 |
| 31 Mar 22 | 0 | 0 | 0 | 0 |
| 31 Dec 21 | 0 | 0 | 1 | 0 |
| 30 Sep 21 | 0 | 0 | 1 | 0 |
| 30 Jun 21 | 0 | 0 | 0 | 0 |
| 31 Mar 21 | 0 | 0 | 0 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
| 30 Sep 20 | 0 | 0 | 0 | 0 |
| 31 Jul 20 | 0 | 0 | 0 | 0 |
| 30 Sep 19 | 9 | 3 | 2 | 0 |
Quality Earnings: SNTW has a large one-off gain of $182.7K impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: SNTW became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SNTW's earnings have declined by 70.9% per year over the past 5 years.
Accelerating Growth: SNTW has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SNTW has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (-8.2%).
Return on Equity
High ROE: SNTW's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.