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Spotlio AS (OSL:SPOT) ROE % : -80.83% (As of Oct. 2023)


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What is Spotlio AS ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Spotlio AS's annualized net income for the quarter that ended in Oct. 2023 was kr-101.36 Mil. Spotlio AS's average Total Stockholders Equity over the quarter that ended in Oct. 2023 was kr125.40 Mil. Therefore, Spotlio AS's annualized ROE % for the quarter that ended in Oct. 2023 was -80.83%.

The historical rank and industry rank for Spotlio AS's ROE % or its related term are showing as below:

OSL:SPOT' s ROE % Range Over the Past 10 Years
Min: -70.25   Med: -53.13   Max: -0.78
Current: -57.18

During the past 5 years, Spotlio AS's highest ROE % was -0.78%. The lowest was -70.25%. And the median was -53.13%.

OSL:SPOT's ROE % is ranked worse than
86.52% of 2649 companies
in the Software industry
Industry Median: 3.23 vs OSL:SPOT: -57.18

Spotlio AS ROE % Historical Data

The historical data trend for Spotlio AS's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spotlio AS ROE % Chart

Spotlio AS Annual Data
Trend Jun18 Jun19 Apr21 Apr22 Apr23
ROE %
-0.78 -70.25 -21.15 -53.13 -54.33

Spotlio AS Semi-Annual Data
Jun18 Jun19 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
ROE % Get a 7-Day Free Trial Premium Member Only -15.99 -96.15 -65.83 -38.26 -80.83

Competitive Comparison of Spotlio AS's ROE %

For the Software - Application subindustry, Spotlio AS's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spotlio AS's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Spotlio AS's ROE % distribution charts can be found below:

* The bar in red indicates where Spotlio AS's ROE % falls into.



Spotlio AS ROE % Calculation

Spotlio AS's annualized ROE % for the fiscal year that ended in Apr. 2023 is calculated as

ROE %=Net Income (A: Apr. 2023 )/( (Total Stockholders Equity (A: Apr. 2022 )+Total Stockholders Equity (A: Apr. 2023 ))/ count )
=-77.3/( (166.619+117.94)/ 2 )
=-77.3/142.2795
=-54.33 %

Spotlio AS's annualized ROE % for the quarter that ended in Oct. 2023 is calculated as

ROE %=Net Income (Q: Oct. 2023 )/( (Total Stockholders Equity (Q: Apr. 2023 )+Total Stockholders Equity (Q: Oct. 2023 ))/ count )
=-101.362/( (117.94+132.864)/ 2 )
=-101.362/125.402
=-80.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Oct. 2023) net income data. ROE % is displayed in the 30-year financial page.


Spotlio AS  (OSL:SPOT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Oct. 2023 )
=Net Income/Total Stockholders Equity
=-101.362/125.402
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-101.362 / 51.784)*(51.784 / 166.9915)*(166.9915 / 125.402)
=Net Margin %*Asset Turnover*Equity Multiplier
=-195.74 %*0.3101*1.3316
=ROA %*Equity Multiplier
=-60.7 %*1.3316
=-80.83 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Oct. 2023 )
=Net Income/Total Stockholders Equity
=-101.362/125.402
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-101.362 / -104.602) * (-104.602 / -104.294) * (-104.294 / 51.784) * (51.784 / 166.9915) * (166.9915 / 125.402)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.969 * 1.003 * -201.4 % * 0.3101 * 1.3316
=-80.83 %

Note: The net income data used here is two times the semi-annual (Oct. 2023) net income data. The Revenue data used here is two times the semi-annual (Oct. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Spotlio AS ROE % Related Terms

Thank you for viewing the detailed overview of Spotlio AS's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Spotlio AS (OSL:SPOT) Business Description

Traded in Other Exchanges
Address
Sorkedalsveien 6, Oslo, NOR
Spotlio AS Formerly Canopy Holdings AS along with its subsidiaries develops and sells unique technology, software, and apps to digitize the skier experience and make the purchase of lift tickets a fully digital user experience. It generates revenue from commissions; subscriptions and other services.