Bytes Technology Group Past Earnings Performance
Past criteria checks 6/6
Bytes Technology Group has been growing earnings at an average annual rate of 20.9%, while the Software industry saw earnings growing at 14.6% annually. Revenues have been declining at an average rate of 32.6% per year. Bytes Technology Group's return on equity is 73.5%, and it has net margins of 22.1%.
Key information
20.9%
Earnings growth rate
25.4%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | -32.6% |
| Return on equity | 73.5% |
| Net Margin | 22.1% |
| Last Earnings Update | 31 Aug 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Bytes Technology Group 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 23 | 200 | 44 | 85 | 0 |
| 31 May 23 | 192 | 42 | 82 | 0 |
| 28 Feb 23 | 184 | 40 | 79 | 0 |
| 30 Nov 22 | 175 | 38 | 76 | 0 |
| 31 Aug 22 | 166 | 36 | 74 | 0 |
| 31 May 22 | 156 | 35 | 69 | 0 |
| 28 Feb 22 | 146 | 33 | 65 | 0 |
| 30 Nov 21 | 196 | 28 | 61 | 0 |
| 31 Aug 21 | 245 | 22 | 58 | 0 |
| 31 May 21 | 319 | 21 | 56 | 0 |
| 28 Feb 21 | 394 | 20 | 55 | 0 |
| 30 Nov 20 | 391 | 24 | 54 | 0 |
| 31 Aug 20 | 389 | 27 | 53 | 0 |
| 31 May 20 | 381 | 26 | 51 | 0 |
| 29 Feb 20 | 373 | 24 | 49 | 0 |
| 28 Feb 19 | 350 | 15 | 43 | 0 |
| 28 Feb 18 | 322 | 8 | 32 | 0 |
Quality Earnings: BYI has high quality earnings.
Growing Profit Margin: BYI's current net profit margins (22.1%) are higher than last year (21.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BYI's earnings have grown significantly by 20.9% per year over the past 5 years.
Accelerating Growth: BYI's earnings growth over the past year (21.7%) exceeds its 5-year average (20.9% per year).
Earnings vs Industry: BYI earnings growth over the past year (21.7%) exceeded the Software industry 13.8%.
Return on Equity
High ROE: BYI's Return on Equity (73.5%) is considered outstanding.