Polar Capital Technology Trust Past Earnings Performance
Past criteria checks 2/6
Polar Capital Technology Trust's earnings have been declining at an average annual rate of -23.1%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 22.7% per year. Polar Capital Technology Trust's return on equity is 16.5%, and it has net margins of 94.2%.
Key information
-23.1%
Earnings growth rate
-23.0%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -22.7% |
| Return on equity | 16.5% |
| Net Margin | 94.2% |
| Last Earnings Update | 31 Oct 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Polar Capital Technology Trust 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 Oct 23 | 540 | 509 | 24 | 0 |
| 31 Jul 23 | 227 | 202 | 23 | 0 |
| 30 Apr 23 | -87 | -105 | 23 | 0 |
| 31 Jan 23 | -508 | -516 | 25 | 0 |
| 31 Oct 22 | -928 | -926 | 26 | 0 |
| 31 Jul 22 | -586 | -593 | 28 | 0 |
| 30 Apr 22 | -244 | -259 | 30 | 0 |
| 31 Jan 22 | 289 | 268 | 24 | 0 |
| 31 Oct 21 | 822 | 794 | 18 | 0 |
| 31 Jul 21 | 959 | 929 | 22 | 0 |
| 30 Apr 21 | 1,097 | 1,064 | 25 | 0 |
| 31 Jan 21 | 1,052 | 1,021 | 29 | 0 |
| 31 Oct 20 | 1,007 | 977 | 33 | 0 |
| 31 Jul 20 | 693 | 669 | 27 | 0 |
| 30 Apr 20 | 378 | 360 | 20 | 0 |
| 31 Jan 20 | 347 | 325 | 21 | 0 |
| 31 Oct 19 | 316 | 291 | 22 | 0 |
| 31 Jul 19 | 362 | 337 | 23 | 0 |
| 30 Apr 19 | 408 | 384 | 23 | 0 |
| 31 Jan 19 | 303 | 278 | 24 | 0 |
| 31 Oct 18 | 198 | 173 | 25 | 0 |
| 31 Jul 18 | 256 | 229 | 25 | 0 |
| 30 Apr 18 | 314 | 285 | 25 | 0 |
| 31 Jan 18 | 348 | 324 | 21 | 0 |
| 31 Oct 17 | 381 | 363 | 17 | 0 |
| 31 Jul 17 | 419 | 406 | 14 | 0 |
| 30 Apr 17 | 456 | 450 | 11 | 0 |
| 31 Jan 17 | 396 | 391 | 10 | 0 |
| 31 Oct 16 | 335 | 332 | 9 | 0 |
| 31 Jul 16 | 176 | 170 | 9 | 0 |
| 30 Apr 16 | 17 | 8 | 9 | 0 |
| 31 Jan 16 | 53 | 44 | 9 | 0 |
| 31 Oct 15 | 89 | 80 | 8 | 0 |
| 31 Jul 15 | 141 | 133 | 8 | 0 |
| 30 Apr 15 | 194 | 186 | 8 | 0 |
| 31 Jan 15 | 153 | 146 | 7 | 0 |
| 31 Oct 14 | 112 | 105 | 6 | 0 |
| 31 Jul 14 | 90 | 82 | 7 | 0 |
| 30 Apr 14 | 68 | 58 | 7 | 0 |
| 31 Jan 14 | 98 | 89 | 7 | 0 |
| 31 Oct 13 | 129 | 120 | 7 | 0 |
| 31 Jul 13 | 81 | 73 | 6 | 0 |
Quality Earnings: PLCQ.F has high quality earnings.
Growing Profit Margin: PLCQ.F became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PLCQ.F's earnings have declined by 23.1% per year over the past 5 years.
Accelerating Growth: PLCQ.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PLCQ.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: PLCQ.F's Return on Equity (16.5%) is considered low.