i(x) Net Zero Past Earnings Performance

Past criteria checks 3/6

i(x) Net Zero has been growing earnings at an average annual rate of 14.7%, while the Capital Markets industry saw earnings growing at 12.1% annually. Revenues have been growing at an average rate of 1604.7% per year. i(x) Net Zero's return on equity is 46.6%, and it has net margins of 70.5%.

Key information

14.7%

Earnings growth rate

n/a

EPS growth rate

Capital Markets Industry Growth	10.3%
Revenue growth rate	1,604.7%
Return on equity	46.6%
Net Margin	70.5%
Last Earnings Update	30 Jun 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How i(x) Net Zero makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:IXNZ.F Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 23	80	56	6
31 Mar 23	40	19	7
31 Dec 22	0	-18	8
30 Sep 22	5	-16	8
30 Jun 22	5	-14	8
31 Mar 22	2	11	6
31 Dec 21	0	36	5
30 Sep 21	2	40	4
30 Jun 21	3	44	4
31 Mar 21	3	24	4
31 Dec 20	3	5	4
31 Dec 19	0	1	4
31 Dec 18	0	-6	3

Quality Earnings: IXNZ.F has a high level of non-cash earnings.

Growing Profit Margin: IXNZ.F became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: IXNZ.F's earnings have grown by 14.7% per year over the past 5 years.

Accelerating Growth: IXNZ.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: IXNZ.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (2.4%).

Return on Equity

High ROE: IXNZ.F's Return on Equity (46.6%) is considered outstanding.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/10/29 04:57
End of Day Share Price	2023/08/01 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

i(x) Net Zero Plc is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution