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Ecit AS (OSL:ECIT) Revenue : kr3,574 Mil (TTM As of Mar. 2024)


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What is Ecit AS Revenue?

Ecit AS's revenue for the three months ended in Mar. 2024 was kr999 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was kr3,574 Mil. Ecit AS's Revenue per Share for the three months ended in Mar. 2024 was kr2.13. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was kr7.72.

During the past 12 months, the average Revenue per Share Growth Rate of Ecit AS was 15.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 16.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 18.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, Ecit AS's highest 3-Year average Revenue per Share Growth Rate was 20.50% per year. The lowest was 16.30% per year. And the median was 16.60% per year.


Ecit AS Revenue Historical Data

The historical data trend for Ecit AS's Revenue 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.

Ecit AS Revenue Chart

Ecit AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 1,346.09 1,829.00 2,318.00 2,826.00 3,438.00

Ecit AS Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 862.00 877.00 766.00 932.00 999.00

Competitive Comparison of Ecit AS's Revenue

For the Information Technology Services subindustry, Ecit AS's Revenue, along with its competitors' market caps and Revenue 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.


Ecit AS's Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Ecit AS's Revenue distribution charts can be found below:

* The bar in red indicates where Ecit AS's Revenue falls into.



Ecit AS Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr3,574 Mil.

* 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.


Ecit AS  (OSL:ECIT) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Ecit AS Revenue Related Terms

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


Ecit AS (OSL:ECIT) Business Description

Traded in Other Exchanges
Address
Rolfsbuktveien 4A, Fornebu, NOR, 1364
Ecit AS provides services within key business areas of IT, Finance & Accounting and Tech across sectors and industries. The company has a model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of a larger international group. The group's business operations are carried out by three divisions: IT, Finance & Accounting, and Tech. The Finance & Accounting division improves customers' efficiency through delivering administrative services in a productive way along with being a key revenue driver for the company.

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