While not a mind-blowing move, it is good to see that the iClick Interactive Asia Group Limited (NASDAQ:ICLK) share price has gained 24% in the last three months. But that doesn’t change the fact that the returns over the last year have been less than pleasing. The cold reality is that the stock has dropped 42% in one year, under-performing the market.
Given that iClick Interactive Asia Group didn’t make a profit in the last twelve months, we’ll focus on revenue growth to form a quick view of its business development. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.
iClick Interactive Asia Group grew its revenue by 45% over the last year. That’s definitely a respectable growth rate. Meanwhile, the share price is down 42% over twelve months, which is disappointing given the progress made. You might even wonder if the share price was previously over-hyped. But if revenue keeps growing, then at a certain point the share price would likely follow.
The chart below shows how revenue and earnings have changed with time, (if you click on the chart you can see the actual values).
If you are thinking of buying or selling iClick Interactive Asia Group stock, you should check out this FREE detailed report on its balance sheet.
A Different Perspective
While iClick Interactive Asia Group shareholders are down 42% for the year, the market itself is up 0.9%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. It’s great to see a nice little 24% rebound in the last three months. This could just be a bounce because the selling was too aggressive, but fingers crossed it’s the start of a new trend. You could get a better understanding of iClick Interactive Asia Group’s growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
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If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.