What is Paid Inc's ROI in the third quarter of 2024?
Paid Inc achieved a return on average invested assets (ROI) of
26.51 % in its third quarter of 2024, this is above PAYD's average return on investment of -142.47%.
Paid Inc invested over the 12 months ending in its third quarter of 2024 $6 million
ROI decreased relative to the period ending Jun 30 2024, due to the decline in net income.
Within the
Services sector 25 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the second quarter of 2024 from
137 to
186.
Definition and Formula of Return on Investment
Return On Investment |
(Sep 30 2024) III. Quarter |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
Y / Y Investment Change TTM |
31.5 % |
30.3 % |
26.79 % |
24.61 % |
22.57 % |
Y / Y Net Income Change TTM |
244.74 % |
320.67 % |
180.66 % |
-44.16 % |
- |
Investment (TTM) in Millions |
6 |
6 |
6 |
5 |
5 |
Return On Investment (TTM) |
26.51 % |
30.25 % |
18.73 % |
7.41 % |
10.11 % |
PAYD's Overall
Ranking |
# 186 |
# 137 |
# 294 |
# 949 |
# 627 |
Seq. Investment Change TTM |
8.01 % |
8.5 % |
6.23 % |
5.63 % |
7.02 % |
Seq. Net Income Change TTM |
-5.35 % |
75.26 % |
168.31 % |
-22.54 % |
15.49 % |
Net Income (TTM) in Millions |
2 |
2 |
1 |
0 |
0 |