iOCO Limited

JSE:IOC Stock Report

Market Cap: R2.7b

iOCO Past Earnings Performance

Past criteria checks 6/6

iOCO has been growing earnings at an average annual rate of 65.5%, while the IT industry saw earnings growing at 34.1% annually. Revenues have been declining at an average rate of 4% per year. iOCO's return on equity is 34.8%, and it has net margins of 5.4%.

Key information

65.50%

Earnings growth rate

71.29%

EPS growth rate

IT Industry Growth31.36%
Revenue growth rate-3.97%
Return on equity34.77%
Net Margin5.42%
Last Earnings Update31 Jan 2026

Recent past performance updates

Recent updates

Analysis Article • May 21

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Analysis Article • Apr 30

We Think EOH Holdings (JSE:EOH) Is Taking Some Risk With Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article • Feb 07

EOH Holdings Limited's (JSE:EOH) Price Is Out Of Tune With Revenues

There wouldn't be many who think EOH Holdings Limited's ( JSE:EOH ) price-to-sales (or "P/S") ratio of 0.1x is worth a...

Revenue & Expenses Breakdown

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

Earnings and Revenue History

JSE:IOC Revenue, expenses and earnings (ZAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Jan 265,6803081,1140
31 Oct 255,6322791,1450
31 Jul 255,5832511,1760
30 Apr 255,6031991,2440
31 Jan 255,6221471,3130
31 Oct 245,829411,4250
31 Jul 246,035-661,5380
30 Apr 246,098-1031,5460
31 Jan 246,160-1411,5540
31 Oct 236,195-1141,5420
31 Jul 236,229-871,5310
30 Apr 236,248-1651,6040
31 Jan 236,266-2441,6780
31 Oct 226,149-2051,6210
31 Jul 226,031-1671,5640
30 Apr 225,984-1331,5040
31 Jan 225,936-981,4450
31 Oct 216,204-2031,5100
31 Jul 216,472-3071,5750
30 Apr 217,055-4201,8180
31 Jan 217,638-5332,0610
31 Oct 208,205-8942,3650
31 Jul 208,772-1,2562,6680
31 Jan 209,894-2,4354,7500
31 Oct 1910,320-3,3324,8050
31 Jul 1910,746-4,2284,8610
30 Apr 199,058-4,2133,1340
31 Jan 199,252-4,9913,6550
31 Oct 1810,678-3,4193,8240
31 Jul 1812,103-1,8463,9940
30 Apr 1814,280-4183,5770
31 Jan 1816,4571,0103,1600
31 Oct 1715,7921,0622,9730
31 Jul 1715,1281,1152,7850
30 Apr 1714,4561,0722,7150
31 Jan 1713,7851,0302,6450
31 Oct 1613,2739782,4930
31 Jul 1612,7629272,3420
30 Apr 1611,9448712,2480
31 Jan 1611,1268142,1540
31 Oct 1510,4307522,0400
31 Jul 159,7346911,9260

Quality Earnings: IOC has high quality earnings.

Growing Profit Margin: IOC's current net profit margins (5.4%) are higher than last year (2.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: IOC has become profitable over the past 5 years, growing earnings by 65.5% per year.

Accelerating Growth: IOC's earnings growth over the past year (108.7%) exceeds its 5-year average (65.5% per year).

Earnings vs Industry: IOC earnings growth over the past year (108.7%) exceeded the IT industry 45.4%.

Return on Equity

High ROE: IOC's Return on Equity (34.8%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 02:31
End of Day Share Price 2026/05/08 00:00
Earnings2026/01/31
Annual Earnings2025/07/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

iOCO Limited is covered by 3 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.

AnalystInstitution
Garth ArenzAvior Capital Markets
Ruhan du PlessisAvior Capital Markets
null nullMerchantec (Proprietary) Limited