Scales Past Earnings Performance

Past criteria checks 4/6

Scales's earnings have been declining at an average annual rate of -12.8%, while the Food industry saw earnings declining at 7.3% annually. Revenues have been growing at an average rate of 5.8% per year. Scales's return on equity is 13.1%, and it has net margins of 5.3%.

Key information

-12.8%

Earnings growth rate

-13.1%

EPS growth rate

Food Industry Growth	-2.9%
Revenue growth rate	5.8%
Return on equity	13.1%
Net Margin	5.3%
Last Earnings Update	31 Dec 2024

Recent past performance updates

We Think That There Are Issues Underlying Scales' (NZSE:SCL) Earnings

Mar 07

Scales' (NZSE:SCL) Solid Earnings May Rest On Weak Foundations

Sep 04

Recent updates

Scales Corporation Limited Just Missed Earnings - But Analysts Have Updated Their Models

Mar 01

Does Scales Corporation Limited (NZSE:SCL) Have A Place In Your Dividend Stock Portfolio?

Feb 16

Scales Corporation Limited (NZSE:SCL) Stock's On A Decline: Are Poor Fundamentals The Cause?

Jan 29

It Might Not Be A Great Idea To Buy Scales Corporation Limited (NZSE:SCL) For Its Next Dividend

Dec 31

Here's What Scales Corporation Limited's (NZSE:SCL) Shareholder Ownership Structure Looks Like

Dec 24

Did You Participate In Any Of Scales' (NZSE:SCL) Fantastic 187% Return ?

Nov 26

Revenue & Expenses Breakdown

How Scales makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NZSE:SCL Revenue, expenses and earnings (NZD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 24	585	31	64
30 Sep 24	579	30	63
30 Jun 24	574	29	62
31 Mar 24	570	17	63
31 Dec 23	565	5	64
30 Sep 23	592	1	62
30 Jun 23	619	-3	59
31 Mar 23	619	8	56
31 Dec 22	619	19	53
30 Sep 22	595	22	51
30 Jun 22	570	25	50
31 Mar 22	542	26	48
31 Dec 21	515	27	47
30 Sep 21	493	25	47
30 Jun 21	471	24	46
31 Mar 21	471	23	45
31 Dec 20	471	21	44
30 Sep 20	465	22	44
30 Jun 20	460	23	44
31 Mar 20	472	34	44
31 Dec 19	485	45	44
30 Jun 19	460	47	42
31 Mar 19	431	38	41
31 Dec 18	403	29	41
30 Jun 18	380	29	35
31 Mar 18	358	27	35
31 Dec 17	336	24	34
30 Sep 17	338	26	37
30 Jun 17	340	28	40
31 Mar 17	357	33	45
31 Dec 16	374	38	50
30 Sep 16	362	37	52
30 Jun 16	350	37	55
31 Mar 16	326	36	52
31 Dec 15	301	36	48
30 Sep 15	288	33	47
30 Jun 15	274	31	45
31 Mar 15	269	24	44
31 Dec 14	263	18	43
30 Sep 14	270	17	43
30 Jun 14	277	15	42

Quality Earnings: SCL has high quality earnings.

Growing Profit Margin: SCL's current net profit margins (5.3%) are higher than last year (0.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SCL's earnings have declined by 12.8% per year over the past 5 years.

Accelerating Growth: SCL's earnings growth over the past year (486.9%) exceeds its 5-year average (-12.8% per year).

Earnings vs Industry: SCL earnings growth over the past year (486.9%) exceeded the Food industry -6.3%.

Return on Equity

High ROE: SCL's Return on Equity (13.1%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/02 05:29
End of Day Share Price	2025/04/02 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Scales Corporation Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Christian Bell	Credit Suisse
Adrian Allbon	Deutsche Bank
Montgomerie Matt	Forsyth Barr Group Ltd.

Scales Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

We Think That There Are Issues Underlying Scales' (NZSE:SCL) Earnings

Full year 2024 earnings released: EPS: NZ$0.22 (vs NZ$0.037 in FY 2023)

Scales Corporation Limited to Report Fiscal Year 2024 Results on Feb 26, 2025

Scales' (NZSE:SCL) Solid Earnings May Rest On Weak Foundations

First half 2024 earnings released: EPS: NZ$0.20 (vs NZ$0.027 in 1H 2023)

Scales Corporation Limited to Report First Half, 2024 Results on Aug 28, 2024

Recent updates

Scales Corporation Limited, Annual General Meeting, Jun 10, 2025

We Think That There Are Issues Underlying Scales' (NZSE:SCL) Earnings

Full year 2024 earnings released: EPS: NZ$0.22 (vs NZ$0.037 in FY 2023)

Expansion In Premium Apples And Logistics Will Strengthen Future Prospects

Scales Corporation Limited to Report Fiscal Year 2024 Results on Feb 26, 2025

Upcoming dividend of NZ$0.085 per share

First half dividend of NZ$0.085 announced

Non-Executive Independent Director recently bought NZ$194k worth of stock

Scales' (NZSE:SCL) Solid Earnings May Rest On Weak Foundations

First half 2024 earnings released: EPS: NZ$0.20 (vs NZ$0.027 in 1H 2023)

Scales Corporation Limited to Report First Half, 2024 Results on Aug 28, 2024

Scales Corporation Limited Announces Management Changes

Final dividend of NZ$0.05 announced

Scales Corporation Limited, Annual General Meeting, Jun 05, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Scales Corporation Limited to Report Fiscal Year 2023 Results on Feb 22, 2024

Upcoming dividend of NZ$0.05 per share at 5.5% yield

Scales (NZSE:SCL) Has A Pretty Healthy Balance Sheet

First half 2023 earnings released: EPS: NZ$0.027 (vs NZ$0.18 in 1H 2022)

Price target decreased by 8.8% to NZ$3.56

Scales Corporation Limited to Report First Half, 2023 Results on Aug 23, 2023

Scales' (NZSE:SCL) Dividend Will Be NZ$0.1118

Upcoming dividend of NZ$0.11 per share at 6.0% yield

Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118

Scales Corporation Limited Announces Retirement of Mark Hutton Retired as Director

Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118

Non Executive Independent Director recently bought NZ$143k worth of stock

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of NZ$0.041 per share at 5.8% yield

Non Executive Independent Director recently bought NZ$341k worth of stock

Full year 2022 earnings released: EPS: NZ$0.14 (vs NZ$0.19 in FY 2021)

Investor sentiment deteriorates as stock falls 19%

Scales Corporation Limited to Report Fiscal Year 2022 Results on Feb 23, 2023

Upcoming dividend of NZ$0.071 per share

Is Scales (NZSE:SCL) A Risky Investment?

Price target decreased to NZ$4.15

Scales Corporation Limited Announces Half Year Cash Distribution, Payable on January 16, 2023

Insider recently sold NZ$65k worth of stock

Consensus forecasts updated

Price target decreased to NZ$4.55

First half 2022 earnings released: EPS: NZ$0.18 (vs NZ$0.20 in 1H 2021)

Scales Corporation Limited to Report Q2, 2022 Results on Aug 24, 2022

Upcoming dividend of NZ$0.11 per share

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Upcoming dividend of NZ$0.11 per share

Group Health & Safety recently sold NZ$359k worth of stock

Insider recently sold NZ$107k worth of stock

Chief Executive Officer of Mr Apple recently sold NZ$416k worth of stock

Chief Financial Officer recently sold NZ$201k worth of stock

First half 2021 earnings released: EPS NZ$0.20 (vs NZ$0.18 in 1H 2020)

CEO, MD & Executive Director recently sold NZ$1.1m worth of stock

Upcoming dividend of NZ$0.11 per share

Estimating The Fair Value Of Scales Corporation Limited (NZSE:SCL)

Consensus forecasts updated

Is Scales (NZSE:SCL) A Risky Investment?

Scales Corporation Limited Just Missed Earnings - But Analysts Have Updated Their Models

Revenue and earnings miss expectations

Full year 2020 earnings released: EPS NZ$0.15 (vs NZ$0.32 in FY 2019)

New 90-day low: NZ$4.50

Does Scales Corporation Limited (NZSE:SCL) Have A Place In Your Dividend Stock Portfolio?

Scales Corporation Limited (NZSE:SCL) Stock's On A Decline: Are Poor Fundamentals The Cause?

It Might Not Be A Great Idea To Buy Scales Corporation Limited (NZSE:SCL) For Its Next Dividend

Upcoming Dividend of NZ$0.11 Per Share

Here's What Scales Corporation Limited's (NZSE:SCL) Shareholder Ownership Structure Looks Like

Did You Participate In Any Of Scales' (NZSE:SCL) Fantastic 187% Return ?

New 90-day low: NZ$4.68

First half earnings released

Price target raised to NZ$5.00