Converge Technology Solutions Corp.

OTCPK:CTSD.F Stock Report

Market Cap: US$439.3m

Converge Technology Solutions Past Earnings Performance

Past criteria checks 0/6

Converge Technology Solutions's earnings have been declining at an average annual rate of -46.9%, while the IT industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 29.4% per year.

Key information

-46.9%

Earnings growth rate

-29.3%

EPS growth rate

IT Industry Growth22.4%
Revenue growth rate29.4%
Return on equity-46.5%
Net Margin-6.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Converge Technology Solutions makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OTCPK:CTSD.F Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,562-1635440
30 Jun 242,642-1615480
31 Mar 242,656-15490
31 Dec 232,705-15450
30 Sep 232,695-115340
30 Jun 232,499125110
31 Mar 232,349274700
31 Dec 222,165274190
30 Sep 221,831373740
30 Jun 221,683213290
31 Mar 221,514102890
31 Dec 211,330162570
30 Sep 211,312102240
30 Jun 211,13561950
31 Mar 211,01711820
31 Dec 20949-41780
30 Sep 20874-41710
30 Jun 20829-111620
31 Mar 20759-91490
31 Dec 19688-111340
30 Sep 19609-171160
30 Jun 19565-161080
31 Mar 19510-20940
31 Dec 18459-18760
30 Sep 18376-18610
30 Jun 18276-11400
31 Mar 18173-5230
31 Dec 1753-4110

Quality Earnings: CTSD.F is currently unprofitable.

Growing Profit Margin: CTSD.F is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CTSD.F is unprofitable, and losses have increased over the past 5 years at a rate of 46.9% per year.

Accelerating Growth: Unable to compare CTSD.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CTSD.F is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-2.6%).


Return on Equity

High ROE: CTSD.F has a negative Return on Equity (-46.47%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 06:11
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Converge Technology Solutions Corp. is covered by 19 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.

AnalystInstitution
Benjamin MayBerenberg
Deepak KaushalBMO Capital Markets Equity Research
Robert YoungCanaccord Genuity