Smartgroup Corporation Ltd

ASX SIQ.AX

Smartgroup Corporation Ltd Return on Assets (ROA) for the year ending December 31, 2023: 14.83%

Smartgroup Corporation Ltd Return on Assets (ROA) is 14.83% for the year ending December 31, 2023, a 2.39% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Smartgroup Corporation Ltd Return on Assets (ROA) for the year ending December 31, 2022 was 14.48%, a 0.54% change year over year.
Smartgroup Corporation Ltd Return on Assets (ROA) for the year ending December 31, 2021 was 14.41%, a 42.38% change year over year.
Smartgroup Corporation Ltd Return on Assets (ROA) for the year ending December 31, 2020 was 10.12%, a -22.13% change year over year.
Smartgroup Corporation Ltd Return on Assets (ROA) for the year ending December 31, 2019 was 12.99%, a 1.69% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

ASX: SIQ.AX

Smartgroup Corporation Ltd

CEO	Mr. Scott Wharton
IPO Date	July 2, 2014
Location	Australia
Headquarters	133 Castlereagh Street
Employees	835
Sector	Technology
Industries Software-as-a-Service (SaaS) Automobiles & Vehicles Credit Cards & Payments Enterprise Resource Planning (ERP) Fintech Human Resources Insurance Point-Of-Sale (POS)

Description

Smartgroup Corporation Ltd provides employee management services in Australia. It operates through Outsourced Administration (OA); Vehicle Services (VS); and Software, Distribution, and Group Services (SDGS) segments. The OA segment offers outsourced salary packaging services, novated leasing, and outsourced payroll services. The VS segment provides end-to-end fleet management services. The SDGS segment offers salary packaging software solutions; markets salary packaging debit cards; and distributes vehicle insurances and workforce management software to the healthcare industry. It serves community and charity workers in not-for-profit organizations; teachers, administrators, and support personnel in the education industry; nurses, clinicians, and auxiliary staff in the health industry; government sector; and corporate organizations. Smartgroup Corporation Ltd was founded in 1999 and is headquartered in Sydney, Australia.

Key trends

Past 5 years