This company has been acquired
Thoughtworks Holding Past Earnings Performance
Past criteria checks 0/6
Thoughtworks Holding's earnings have been declining at an average annual rate of -46.7%, while the IT industry saw earnings growing at 5.4% annually. Revenues have been growing at an average rate of 3% per year.
Key information
-46.7%
Earnings growth rate
-44.4%
EPS growth rate
| IT Industry Growth | 22.4% |
| Revenue growth rate | 3.0% |
| Return on equity | -15.9% |
| Net Margin | -11.2% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
There's No Escaping Thoughtworks Holding, Inc.'s (NASDAQ:TWKS) Muted Revenues Despite A 69% Share Price Rise
Aug 07
Thoughtworks Holding, Inc. (NASDAQ:TWKS) Shares Could Be 50% Below Their Intrinsic Value Estimate
Jul 18We Think Thoughtworks Holding (NASDAQ:TWKS) Has A Fair Chunk Of Debt
Jun 04Thoughtworks: Uncertain Outlook Due To Competitive Environment And CEO Change
May 30Thoughtworks Holding (NASDAQ:TWKS) Will Be Hoping To Turn Its Returns On Capital Around
Apr 17Thoughtworks: Rating Downgrade As Execution Is Poorer Than Expected
Mar 14Revenues Working Against Thoughtworks Holding, Inc.'s (NASDAQ:TWKS) Share Price Following 41% Dive
Mar 10Downgrade: Here's How Analysts See Thoughtworks Holding, Inc. (NASDAQ:TWKS) Performing In The Near Term
Mar 02Thoughtworks Holding (NASDAQ:TWKS) Seems To Use Debt Quite Sensibly
Jan 19Is There An Opportunity With Thoughtworks Holding, Inc.'s (NASDAQ:TWKS) 48% Undervaluation?
Dec 23Thoughtworks Holding, Inc. (NASDAQ:TWKS) Shares Fly 27% But Investors Aren't Buying For Growth
Dec 02Some Investors May Be Worried About Thoughtworks Holding's (NASDAQ:TWKS) Returns On Capital
Oct 02Estimating The Fair Value Of Thoughtworks Holding, Inc. (NASDAQ:TWKS)
Jun 20Thoughtworks Holding (NASDAQ:TWKS) Will Be Hoping To Turn Its Returns On Capital Around
May 27Some Analysts Just Cut Their Thoughtworks Holding, Inc. (NASDAQ:TWKS) Estimates
Mar 09Is There An Opportunity With Thoughtworks Holding, Inc.'s (NASDAQ:TWKS) 35% Undervaluation?
Nov 05Thoughtworks Is Acquisitive As Growth Challenges Loom
Aug 31Thoughtworks Holding Non-GAAP EPS of $0.11 in-line, revenue of $332.1M beats by $4.01M,updates FY guidance
Aug 15Is There An Opportunity With Thoughtworks Holding, Inc.'s (NASDAQ:TWKS) 36% Undervaluation?
Jul 22Revenue & Expenses Breakdown
How Thoughtworks Holding 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 |
|---|---|---|---|---|
| 30 Jun 24 | 1,033 | -116 | 311 | 0 |
| 31 Mar 24 | 1,068 | -91 | 318 | 0 |
| 31 Dec 23 | 1,127 | -69 | 327 | 0 |
| 30 Sep 23 | 1,185 | -30 | 327 | 0 |
| 30 Jun 23 | 1,237 | -43 | 338 | 0 |
| 31 Mar 23 | 1,282 | -70 | 353 | 0 |
| 31 Dec 22 | 1,296 | -105 | 373 | 0 |
| 30 Sep 22 | 1,272 | -134 | 381 | 0 |
| 30 Jun 22 | 1,225 | -120 | 410 | 0 |
| 31 Mar 22 | 1,153 | -122 | 379 | 0 |
| 31 Dec 21 | 1,070 | -60 | 334 | 0 |
| 30 Sep 21 | 989 | -35 | 298 | 0 |
| 30 Jun 21 | 901 | 12 | 219 | 0 |
| 31 Mar 21 | 826 | 74 | 199 | 0 |
| 31 Dec 20 | 803 | 73 | 190 | 0 |
| 31 Dec 19 | 772 | 28 | 204 | 0 |
Quality Earnings: TWKS is currently unprofitable.
Growing Profit Margin: TWKS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TWKS is unprofitable, and losses have increased over the past 5 years at a rate of 46.7% per year.
Accelerating Growth: Unable to compare TWKS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TWKS is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-4%).
Return on Equity
High ROE: TWKS has a negative Return on Equity (-15.86%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/12 03:40 |
| End of Day Share Price | 2024/11/12 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| 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
Thoughtworks Holding, Inc. is covered by 9 analysts. 11 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 |
|---|---|
| Jason Kupferberg | BofA Global Research |
| Ashwin Shirvaikar | Citigroup Inc |
| Kevin McVeigh | Credit Suisse |