This company has been acquired
Magnet Forensics Past Earnings Performance
Past criteria checks 1/6
Key information
7.0%
Earnings growth rate
5.9%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 29.4% |
| Return on equity | 3.6% |
| Net Margin | 3.7% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Magnet Forensics 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 Dec 22 | 99 | 4 | 50 | 32 |
| 30 Sep 22 | 89 | 0 | 49 | 30 |
| 30 Jun 22 | 82 | 1 | 46 | 27 |
| 31 Mar 22 | 75 | 4 | 38 | 23 |
| 31 Dec 21 | 70 | 7 | 32 | 20 |
| 30 Sep 21 | 64 | 11 | 30 | 17 |
| 30 Jun 21 | 59 | 11 | 25 | 15 |
| 31 Mar 21 | 54 | 12 | 22 | 13 |
| 31 Dec 20 | 51 | 11 | 22 | 14 |
| 31 Dec 19 | 39 | 1 | 21 | 14 |
| 31 Dec 18 | 27 | -1 | 17 | 10 |
Quality Earnings: MAGT.F has a large one-off loss of $4.9M impacting its last 12 months of financial results to December 31 2022.
Growing Profit Margin: MAGT.F's current net profit margins (3.7%) are lower than last year (10.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MAGT.F's earnings have grown by 7% per year over the past 5 years.
Accelerating Growth: MAGT.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MAGT.F had negative earnings growth (-50.1%) over the past year, making it difficult to compare to the Software industry average (11.5%).
Return on Equity
High ROE: MAGT.F's Return on Equity (3.6%) is considered low.