AirAsia X Berhad Past Earnings Performance
Past criteria checks 3/6
AirAsia X Berhad has been growing earnings at an average annual rate of 3.3%, while the Airlines industry saw earnings growing at 13.5% annually. Revenues have been declining at an average rate of 22.6% per year. AirAsia X Berhad's return on equity is 42.9%, and it has net margins of 2.9%.
Key information
3.3%
Earnings growth rate
3.2%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | -22.6% |
| Return on equity | 42.9% |
| Net Margin | 2.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How AirAsia X Berhad makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 2,887 | 84 | 2 | 0 |
| 31 Dec 23 | 2,527 | 332 | 2 | 0 |
| 30 Sep 23 | 1,940 | -10,463 | 2 | 0 |
| 30 Jun 23 | 1,392 | -10,443 | 2 | 0 |
| 31 Mar 23 | 986 | -11,084 | 2 | 0 |
| 31 Dec 22 | 551 | 22,206 | 2 | 0 |
| 30 Jun 22 | 439 | 32,804 | 0 | 0 |
| 30 Jun 21 | 755 | -22,450 | 1 | 0 |
| 30 Sep 20 | 2,112 | -1,420 | 54 | 0 |
| 30 Jun 20 | 3,067 | -1,341 | 54 | 0 |
| 31 Mar 20 | 3,989 | -1,243 | 54 | 0 |
| 31 Dec 19 | 4,233 | -650 | 54 | 0 |
| 30 Sep 19 | 4,351 | -482 | 86 | 0 |
| 30 Jun 19 | 4,421 | -449 | 86 | 0 |
| 31 Mar 19 | 4,468 | -300 | 86 | 0 |
| 31 Dec 18 | 4,571 | -301 | 86 | 0 |
| 30 Sep 18 | 4,654 | -129 | 83 | 0 |
| 30 Jun 18 | 4,694 | 25 | 83 | 0 |
| 31 Mar 18 | 4,670 | 130 | 83 | 0 |
| 31 Dec 17 | 4,579 | 99 | 83 | 0 |
| 30 Sep 17 | 4,406 | -132 | 70 | 0 |
| 30 Jun 17 | 4,264 | -78 | 70 | 0 |
| 31 Mar 17 | 4,111 | -124 | 70 | 0 |
| 31 Dec 16 | 3,901 | 45 | 70 | 0 |
| 30 Sep 16 | 3,677 | 389 | 48 | 0 |
| 30 Jun 16 | 3,488 | 90 | 48 | 0 |
| 31 Mar 16 | 3,258 | -44 | 48 | 0 |
| 31 Dec 15 | 3,063 | -350 | 48 | 0 |
| 30 Sep 15 | 3,038 | -716 | 74 | 0 |
| 30 Jun 15 | 2,944 | -638 | 74 | 0 |
| 31 Mar 15 | 2,963 | -634 | 74 | 0 |
| 31 Dec 14 | 2,937 | -519 | 74 | 0 |
| 30 Sep 14 | 2,800 | -484 | 70 | 0 |
| 30 Jun 14 | 2,703 | -246 | 70 | 0 |
| 31 Mar 14 | 2,523 | -150 | 70 | 0 |
| 31 Dec 13 | 2,308 | -88 | 70 | 0 |
| 30 Sep 13 | 2,167 | 58 | 47 | 0 |
Quality Earnings: AAX has a large one-off gain of MYR223.2M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: AAX became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AAX has become profitable over the past 5 years, growing earnings by 3.3% per year.
Accelerating Growth: AAX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AAX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Airlines industry (75.6%).
Return on Equity
High ROE: AAX's Return on Equity (42.9%) is considered outstanding.