PowerFleet Past Earnings Performance
Past criteria checks 1/6
PowerFleet's earnings have been declining at an average annual rate of -23.8%, while the Software industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 0.7% per year. PowerFleet's return on equity is 5.2%, and it has net margins of 3.7%.
Key information
-23.8%
Earnings growth rate
-23.4%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 0.7% |
| Return on equity | 5.2% |
| Net Margin | 3.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How PowerFleet 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 | 150 | 6 | 78 | 0 |
| 30 Sep 23 | 149 | 7 | 77 | 0 |
| 30 Jun 23 | 146 | 5 | 77 | 0 |
| 31 Mar 23 | 145 | 5 | 77 | 0 |
| 31 Dec 22 | 144 | 6 | 79 | 0 |
| 30 Sep 22 | 143 | 4 | 78 | 0 |
| 30 Jun 22 | 143 | 6 | 77 | 0 |
| 31 Mar 22 | 143 | 9 | 76 | 0 |
| 31 Dec 21 | 142 | 8 | 73 | 0 |
| 30 Sep 21 | 139 | 14 | 70 | 0 |
| 30 Jun 21 | 134 | 16 | 67 | 0 |
| 31 Mar 21 | 127 | 15 | 64 | 0 |
| 31 Dec 20 | 129 | 9 | 65 | 0 |
| 30 Sep 20 | 131 | 9 | 67 | 0 |
| 30 Jun 20 | 137 | 8 | 69 | 0 |
| 31 Mar 20 | 146 | 11 | 72 | 0 |
| 31 Dec 19 | 148 | 19 | 74 | 0 |
| 30 Sep 19 | 154 | 19 | 76 | 0 |
| 30 Jun 19 | 148 | 19 | 74 | 0 |
| 31 Mar 19 | 144 | 15 | 72 | 0 |
| 31 Dec 18 | 133 | 13 | 67 | 0 |
| 30 Sep 18 | 131 | 14 | 67 | 0 |
| 30 Jun 18 | 129 | 12 | 67 | 0 |
| 31 Mar 18 | 132 | 14 | 72 | 0 |
| 31 Dec 17 | 133 | 12 | 73 | 0 |
| 30 Sep 17 | 119 | 9 | 65 | 0 |
| 30 Jun 17 | 120 | 9 | 68 | 0 |
| 31 Mar 17 | 115 | 9 | 66 | 0 |
| 31 Dec 16 | 112 | 8 | 67 | 0 |
| 30 Sep 16 | 110 | 9 | 67 | 0 |
| 30 Jun 16 | 102 | 12 | 62 | 0 |
| 31 Mar 16 | 100 | 12 | 60 | 0 |
| 31 Dec 15 | 94 | 14 | 55 | 0 |
| 30 Sep 15 | 103 | 14 | 59 | 0 |
| 30 Jun 15 | 116 | 14 | 66 | 0 |
| 31 Mar 15 | 114 | 12 | 64 | 0 |
| 31 Dec 14 | 119 | 13 | 67 | 0 |
| 30 Sep 14 | 117 | 14 | 66 | 0 |
| 30 Jun 14 | 122 | 13 | 67 | 0 |
| 31 Mar 14 | 121 | 14 | 65 | 0 |
| 31 Dec 13 | 117 | 14 | 60 | 0 |
| 30 Sep 13 | 121 | 13 | 60 | 0 |
| 30 Jun 13 | 120 | 13 | 59 | 0 |
Quality Earnings: MIX has high quality earnings.
Growing Profit Margin: MIX's current net profit margins (3.7%) are lower than last year (4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIX's earnings have declined by 23.8% per year over the past 5 years.
Accelerating Growth: MIX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MIX had negative earnings growth (-2.9%) over the past year, making it difficult to compare to the Software industry average (12.3%).
Return on Equity
High ROE: MIX's Return on Equity (5.2%) is considered low.