Steer Technologies Past Earnings Performance
Past criteria checks 2/6
Steer Technologies's earnings have been declining at an average annual rate of -2.1%, while the Transportation industry saw earnings growing at 19.4% annually. Revenues have been growing at an average rate of 57.4% per year. Steer Technologies's return on equity is 4.1%, and it has net margins of 5.2%.
Key information
-2.1%
Earnings growth rate
7.7%
EPS growth rate
| Transportation Industry Growth | 15.6% |
| Revenue growth rate | 57.4% |
| Return on equity | 4.1% |
| Net Margin | 5.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Steer Technologies 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 23 | 18 | 1 | 10 | 1 |
| 30 Sep 23 | 32 | 14 | 12 | 1 |
| 30 Jun 23 | 45 | 12 | 16 | 2 |
| 31 Mar 23 | 59 | 5 | 20 | 2 |
| 31 Dec 22 | 55 | -33 | 23 | 3 |
| 30 Sep 22 | 50 | -30 | 23 | 3 |
| 30 Jun 22 | 44 | -32 | 24 | 3 |
| 31 Mar 22 | 33 | -32 | 23 | 2 |
| 31 Dec 21 | 25 | -29 | 22 | 2 |
| 30 Sep 21 | 18 | -28 | 23 | 2 |
| 30 Jun 21 | 11 | -22 | 20 | 2 |
| 31 Mar 21 | 6 | -21 | 20 | 2 |
| 31 Dec 20 | 4 | -17 | 16 | 1 |
| 30 Sep 20 | 1 | -14 | 12 | 1 |
| 30 Jun 20 | 1 | -13 | 10 | 1 |
| 31 Mar 20 | 1 | -8 | 5 | 1 |
| 31 Dec 19 | 1 | -7 | 4 | 1 |
| 30 Sep 19 | 0 | -6 | 3 | 1 |
| 30 Jun 19 | 0 | -3 | 2 | 1 |
| 31 Mar 19 | 0 | -3 | 2 | 1 |
| 31 Dec 18 | 0 | -2 | 2 | 0 |
Quality Earnings: STEE.F has a large one-off gain of CA$22.9M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: STEE.F became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: STEE.F has become profitable over the past 5 years, growing earnings by -2.1% per year.
Accelerating Growth: STEE.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: STEE.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Transportation industry (-39.5%).
Return on Equity
High ROE: STEE.F's Return on Equity (4.1%) is considered low.