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Inrad Optics Past Earnings Performance

Past criteria checks 5/6

Inrad Optics has been growing earnings at an average annual rate of 57.2%, while the Electronic industry saw earnings growing at 15.4% annually. Revenues have been growing at an average rate of 5.2% per year. Inrad Optics's return on equity is 47%, and it has net margins of 27.4%.

Key information

57.16%

Earnings growth rate

56.63%

EPS growth rate

Electronic Industry Growth	15.34%
Revenue growth rate	5.21%
Return on equity	47.02%
Net Margin	27.36%
Last Earnings Update	31 Mar 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Inrad Optics makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:INRD Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	13	4	3
31 Dec 23	13	3	3
30 Sep 23	13	2	3
30 Jun 23	12	1	3
31 Mar 23	11	0	3
31 Dec 22	11	0	3
30 Sep 22	11	0	3
30 Jun 22	11	0	3
31 Mar 22	11	1	3
31 Dec 21	11	2	3
30 Sep 21	11	1	3
30 Jun 21	10	1	2
31 Mar 21	10	1	2
31 Dec 20	9	-1	3
30 Sep 20	9	-1	3
30 Jun 20	9	-1	3
31 Mar 20	9	-1	3
31 Dec 19	10	-1	3
30 Sep 19	10	-1	3
30 Jun 19	11	0	3
31 Mar 19	11	0	2
31 Dec 18	11	1	2
30 Sep 18	11	0	2
30 Jun 18	11	0	2
31 Mar 18	11	0	2
31 Dec 17	10	-1	2
30 Sep 17	10	-1	2
30 Jun 17	10	-1	2
31 Mar 17	10	0	2
31 Dec 16	10	-1	2
30 Sep 16	10	-1	2
30 Jun 16	10	-1	2
31 Mar 16	10	-1	3
31 Dec 15	10	0	3
30 Sep 15	11	-1	3
30 Jun 15	11	-1	3
31 Mar 15	10	-2	3
31 Dec 14	10	-3	3
30 Sep 14	10	-3	3
30 Jun 14	10	-3	3
31 Mar 14	10	-2	3
31 Dec 13	11	-2	3
30 Sep 13	11	-2	3

Quality Earnings: INRD has a high level of non-cash earnings.

Growing Profit Margin: INRD's current net profit margins (27.4%) are higher than last year (1.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: INRD has become profitable over the past 5 years, growing earnings by 57.2% per year.

Accelerating Growth: INRD's earnings growth over the past year (1654.1%) exceeds its 5-year average (57.2% per year).

Earnings vs Industry: INRD earnings growth over the past year (1654.1%) exceeded the Electronic industry -8%.

Return on Equity

High ROE: INRD's Return on Equity (47%) is considered outstanding.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/07/02 18:02
End of Day Share Price	2024/07/02 00:00
Earnings	2024/03/31
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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Inrad Optics, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.