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SOFI

Sofi Technologies, Inc.

$6.46

Earnings Summary

Revenue
$665.91Mn
Net Profits
$88.04Mn
Net Profit Margins
13.22%

Highlights

Revenue:

Sofi Technologies, Inc.’s revenue jumped 41.04% since last year same period to $665.91Mn in the Q1 2024. On a quarterly growth basis, Sofi Technologies, Inc. has generated 3.2% jump in its revenue since last 3-months.

Net Profits:

Sofi Technologies, Inc.’s net profit jumped 355.78% since last year same period to $88.04Mn in the Q1 2024. On a quarterly growth basis, Sofi Technologies, Inc. has generated 133.39% jump in its net profits since last 3-months.

Net Profit Margins:

Sofi Technologies, Inc.’s net profit margin jumped 281.36% since last year same period to 13.22% in the Q1 2024. On a quarterly growth basis, Sofi Technologies, Inc. has generated 126.14% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Sofi Technologies, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.01
EPS Estimate Current Year
0.01

Highlights

EPS Estimate Current Quarter:

Sofi Technologies, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.01 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Sofi Technologies, Inc.’s earning per share (EPS) estimates for the current year stand at 0.01.

Key Ratios

Key ratios of the Sofi Technologies, Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
0.02
Return on Assets (ROA)
-0.01
Return on Equity (ROE)
-0.03

Highlights

Earning Per Share (EPS):

Sofi Technologies, Inc.’s earning per share (EPS) jumped 140% since last year same period to 0.02 in the Q1 2024. This indicates that the Sofi Technologies, Inc. has generated 140% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Sofi Technologies, Inc.’s return on assets (ROA) stands at -0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Sofi Technologies, Inc.’s return on equity (ROE) stands at -0.03.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-07
0.01
0.02
100%