Rand Capital Past Earnings Performance
Past criteria checks 4/6
Rand Capital has been growing earnings at an average annual rate of 18.1%, while the Capital Markets industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 24.3% per year. Rand Capital's return on equity is 12.7%, and it has net margins of 97.3%.
Key information
18.08%
Earnings growth rate
19.47%
EPS growth rate
| Capital Markets Industry Growth | 10.26% |
| Revenue growth rate | 24.34% |
| Return on equity | 12.66% |
| Net Margin | 97.29% |
| Last Earnings Update | 31 Mar 2025 |
Revenue & Expenses Breakdown
How Rand Capital 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 25 | 8 | 8 | 4 | 0 |
| 31 Dec 24 | 9 | 9 | 4 | 0 |
| 30 Sep 24 | 8 | 13 | 5 | 0 |
| 30 Jun 24 | 8 | 11 | 4 | 0 |
| 31 Mar 24 | 8 | 6 | 3 | 0 |
| 31 Dec 23 | 7 | 7 | 3 | 0 |
| 30 Sep 23 | 7 | 6 | 3 | 0 |
| 30 Jun 23 | 7 | 6 | 3 | 0 |
| 31 Mar 23 | 6 | 2 | 2 | 0 |
| 31 Dec 22 | 6 | -1 | 1 | 0 |
| 30 Sep 22 | 5 | 0 | 1 | 0 |
| 30 Jun 22 | 5 | 1 | 2 | 0 |
| 31 Mar 22 | 4 | 7 | 3 | 0 |
| 31 Dec 21 | 4 | 16 | 6 | 0 |
| 30 Sep 21 | 4 | 14 | 6 | 0 |
| 30 Jun 21 | 4 | 12 | 5 | 0 |
| 31 Mar 21 | 3 | 8 | 4 | 0 |
| 31 Dec 20 | 3 | 1 | 2 | 0 |
| 30 Sep 20 | 3 | 3 | 2 | 0 |
| 30 Jun 20 | 3 | -1 | 2 | 0 |
| 31 Mar 20 | 3 | -2 | 2 | 0 |
| 31 Dec 19 | 3 | -2 | 2 | 0 |
| 30 Sep 19 | 2 | -3 | 2 | 0 |
| 30 Jun 19 | 3 | 0 | 2 | 0 |
| 31 Mar 19 | 2 | 1 | 2 | 0 |
| 31 Dec 18 | 2 | 0 | 2 | 0 |
| 30 Sep 18 | 2 | -1 | 2 | 0 |
| 30 Jun 18 | 2 | -1 | 2 | 0 |
| 31 Mar 18 | 1 | -1 | 2 | 0 |
| 31 Dec 17 | 1 | -1 | 2 | 0 |
| 30 Sep 17 | 1 | -1 | 2 | 0 |
| 30 Jun 17 | 1 | -2 | 2 | 0 |
| 31 Mar 17 | 1 | -1 | 2 | 0 |
| 31 Dec 16 | 1 | -1 | 3 | 0 |
| 30 Sep 16 | 1 | 0 | 3 | 0 |
| 30 Jun 16 | 2 | 1 | 3 | 0 |
| 31 Mar 16 | 2 | 1 | 3 | 0 |
| 31 Dec 15 | 3 | 2 | 2 | 0 |
| 30 Sep 15 | 3 | 5 | 2 | 0 |
| 30 Jun 15 | 3 | 5 | 2 | 0 |
| 31 Mar 15 | 3 | 5 | 2 | 0 |
| 31 Dec 14 | 3 | 5 | 2 | 0 |
| 30 Sep 14 | 2 | 4 | 2 | 0 |
| 30 Jun 14 | 2 | 3 | 2 | 0 |
Quality Earnings: RAND has a large one-off gain of $4.5M impacting its last 12 months of financial results to 31st March, 2025.
Growing Profit Margin: RAND's current net profit margins (97.3%) are higher than last year (76.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RAND has become profitable over the past 5 years, growing earnings by 18.1% per year.
Accelerating Growth: RAND's earnings growth over the past year (43.7%) exceeds its 5-year average (18.1% per year).
Earnings vs Industry: RAND earnings growth over the past year (43.7%) exceeded the Capital Markets industry 18.2%.
Return on Equity
High ROE: RAND's Return on Equity (12.7%) is considered low.
Return on Assets
Return on Capital Employed
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/19 09:14 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Rand Capital Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.