Money Forward Past Earnings Performance
Past criteria checks 0/6
Money Forward's earnings have been declining at an average annual rate of -29%, while the Software industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 32.4% per year.
Key information
-29.0%
Earnings growth rate
-25.0%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 32.4% |
| Return on equity | -15.7% |
| Net Margin | -13.2% |
| Next Earnings Update | 14 Jan 2025 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Money Forward 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 Aug 24 | 38,469 | -5,091 | 29,803 | 0 |
| 31 May 24 | 36,157 | -5,531 | 28,375 | 0 |
| 29 Feb 24 | 33,133 | -5,928 | 26,835 | 0 |
| 30 Nov 23 | 30,380 | -6,315 | 25,200 | 0 |
| 31 Aug 23 | 27,765 | -7,039 | 23,994 | 0 |
| 31 May 23 | 25,723 | -8,943 | 23,708 | 0 |
| 28 Feb 23 | 23,513 | -9,486 | 22,936 | 0 |
| 30 Nov 22 | 21,477 | -9,449 | 21,821 | 0 |
| 31 Aug 22 | 19,635 | -8,069 | 19,405 | 0 |
| 31 May 22 | 18,013 | -5,389 | 16,699 | 0 |
| 28 Feb 22 | 16,921 | -3,214 | 14,200 | 0 |
| 30 Nov 21 | 15,632 | -1,482 | 11,880 | 0 |
| 31 Aug 21 | 14,641 | -1,620 | 11,572 | 0 |
| 31 May 21 | 13,564 | -1,129 | 10,647 | 0 |
| 28 Feb 21 | 12,391 | -1,703 | 10,216 | 0 |
| 30 Nov 20 | 11,318 | -2,423 | 10,053 | 0 |
| 31 Aug 20 | 10,186 | -2,090 | 8,746 | 0 |
| 31 May 20 | 9,312 | -2,113 | 8,077 | 0 |
| 29 Feb 20 | 8,152 | -2,074 | 7,229 | 0 |
| 30 Nov 19 | 7,156 | -2,572 | 6,660 | 0 |
| 31 Aug 19 | 6,408 | -2,333 | 5,847 | 0 |
| 31 May 19 | 5,656 | -2,316 | 5,277 | 0 |
| 28 Feb 19 | 5,086 | -1,841 | 4,486 | 0 |
| 30 Nov 18 | 4,594 | -815 | 3,489 | 0 |
| 31 Aug 18 | 4,091 | -626 | 3,192 | 0 |
| 31 May 18 | 3,693 | -391 | 2,790 | 0 |
| 28 Feb 18 | 3,203 | -628 | 2,727 | 0 |
| 30 Nov 17 | 2,899 | -842 | 2,737 | 0 |
Quality Earnings: MNFY.Y is currently unprofitable.
Growing Profit Margin: MNFY.Y is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MNFY.Y is unprofitable, and losses have increased over the past 5 years at a rate of 29% per year.
Accelerating Growth: Unable to compare MNFY.Y's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MNFY.Y is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.6%).
Return on Equity
High ROE: MNFY.Y has a negative Return on Equity (-15.65%), 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 | 2024/12/23 10:40 |
| End of Day Share Price | 2024/12/05 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2023/11/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| 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 here.
Analysis Model and Snowflake
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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
Money Forward, Inc. is covered by 19 analysts. 8 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 |
|---|---|
| Yuki Kaneko | BofA Global Research |
| Mitsunobu Tsuruo | Citigroup Inc |
| Hideo Noda | CLSA |