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OneSoft Solutions (TSXV:OSS) ROE % : -100.93% (As of Mar. 2024)


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What is OneSoft Solutions ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. OneSoft Solutions's annualized net income for the quarter that ended in Mar. 2024 was C$-2.92 Mil. OneSoft Solutions's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was C$2.89 Mil. Therefore, OneSoft Solutions's annualized ROE % for the quarter that ended in Mar. 2024 was -100.93%.

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

TSXV:OSS' s ROE % Range Over the Past 10 Years
Min: -270.72   Med: -69.53   Max: 2070.72
Current: -51.75

During the past 13 years, OneSoft Solutions's highest ROE % was 2,070.72%. The lowest was -270.72%. And the median was -69.53%.

TSXV:OSS's ROE % is ranked worse than
85.68% of 2640 companies
in the Software industry
Industry Median: 3.275 vs TSXV:OSS: -51.75

OneSoft Solutions ROE % Historical Data

The historical data trend for OneSoft Solutions'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.

OneSoft Solutions ROE % Chart

OneSoft Solutions Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.58 -38.92 -64.42 -74.63 -44.33

OneSoft Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % 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 Premium Member Only -89.45 -85.01 17.57 -36.71 -100.93

Competitive Comparison of OneSoft Solutions's ROE %

For the Software - Application subindustry, OneSoft Solutions'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.


OneSoft Solutions's ROE % Distribution in the Software Industry

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

* The bar in red indicates where OneSoft Solutions's ROE % falls into.



OneSoft Solutions ROE % Calculation

OneSoft Solutions's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-1.367/( (3.086+3.081)/ 2 )
=-1.367/3.0835
=-44.33 %

OneSoft Solutions's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-2.916/( (3.081+2.697)/ 2 )
=-2.916/2.889
=-100.93 %

* 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 four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


OneSoft Solutions  (TSXV:OSS) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-2.916/2.889
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.916 / 11.596)*(11.596 / 9.1395)*(9.1395 / 2.889)
=Net Margin %*Asset Turnover*Equity Multiplier
=-25.15 %*1.2688*3.1636
=ROA %*Equity Multiplier
=-31.91 %*3.1636
=-100.93 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-2.916/2.889
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.916 / -2.916) * (-2.916 / -3.584) * (-3.584 / 11.596) * (11.596 / 9.1395) * (9.1395 / 2.889)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.8136 * -30.91 % * 1.2688 * 3.1636
=-100.93 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


OneSoft Solutions ROE % Related Terms

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


OneSoft Solutions (TSXV:OSS) Business Description

Traded in Other Exchanges
Address
10230 Jasper Avenue, Suite 4227, Enterprise Square, Edmonton, AB, CAN, T5J 4P6
OneSoft Solutions Inc is a provider of software solutions for select markets, all of which are developed using Microsoft's new Cloud technologies. Its mission is to acquire, manage and build next-generation software businesses that will provide specialized, mission-critical cloud software solutions to address customer needs. It has developed software technology and products that have the capability to transition legacy, on-premise licensed software applications to operate on the Microsoft Azure Cloud Platform. It seeks opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. The Company generates it's majority of the revenue from USA..
Executives
David Shong-tak Tam Senior Officer