View ValuationMare Nostrum 将来の成長Future 基準チェック /06現在、 Mare Nostrumの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Professional Services 収益成長8.9%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • May 19Mare Nostrum SA, Annual General Meeting, Jun 16, 2026Mare Nostrum SA, Annual General Meeting, Jun 16, 2026. Location: 25 rue bossuet, lyon FranceReported Earnings • May 05Full year 2025 earnings releasedFull year 2025 results: Revenue: €120.0m (flat on FY 2024). Net income: €23.4m (up €33.3m from FY 2024). Profit margin: 20% (up from net loss in FY 2024).New Risk • Jan 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-€18m). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (€3.02m market cap, or US$3.53m).お知らせ • May 28Mare Nostrum SA, Annual General Meeting, Jun 30, 2025Mare Nostrum SA, Annual General Meeting, Jun 30, 2025. Location: cabinet lamy lexel, 25 rue bossuet, lyon FranceReported Earnings • May 18Full year 2024 earnings released: €1.31 loss per share (vs €1.55 loss in FY 2023)Full year 2024 results: €1.31 loss per share (improved from €1.55 loss in FY 2023). Revenue: €123.1m (down 27% from FY 2023). Net loss: €9.95m (loss narrowed 15% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance.New Risk • Dec 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€8.3m). Earnings have declined by 50% per year over the past 5 years. Market cap is less than US$10m (€1.67m market cap, or US$1.75m). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change).Board Change • Sep 30Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Virginie Boissimon-Smolders was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Aug 15Mare Nostrum SA, Annual General Meeting, Sep 18, 2024Mare Nostrum SA, Annual General Meeting, Sep 18, 2024. Location: cabinet lamy lexel, 25 rue bossuet, lyon FranceReported Earnings • Aug 02Full year 2023 earnings released: €1.55 loss per share (vs €0.28 loss in FY 2022)Full year 2023 results: €1.55 loss per share (further deteriorated from €0.28 loss in FY 2022). Revenue: €175.0m (up 1.5% from FY 2022). Net loss: €11.7m (loss widened 453% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings.New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 38% per year over the past 5 years. Market cap is less than US$10m (€3.48m market cap, or US$3.71m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).分析記事 • Oct 17Is Mare Nostrum (EPA:ALMAR) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Oct 08First half 2023 earnings released: €0.26 loss per share (vs €0.10 loss in 1H 2022)First half 2023 results: €0.26 loss per share (further deteriorated from €0.10 loss in 1H 2022). Revenue: €88.1m (up 3.8% from 1H 2022). Net loss: €1.95m (loss widened 150% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.Reported Earnings • May 21Full year 2022 earnings released: €0.28 loss per share (vs €0.071 loss in FY 2021)Full year 2022 results: €0.28 loss per share (further deteriorated from €0.071 loss in FY 2021). Revenue: €179.2m (up 15% from FY 2021). Net loss: €2.12m (loss widened 296% from FY 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.分析記事 • Mar 16Mare Nostrum Société anonyme (EPA:ALMAR) Is Reinvesting At Lower Rates Of ReturnFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Nov 30Here's What's Concerning About Mare Nostrum Société anonyme's (EPA:ALMAR) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). Founder, President of the Board & MD Nicolas Cuynat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.分析記事 • Jun 18Here's Why Mare Nostrum Société anonyme (EPA:ALMAR) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Founder, President of the Board & MD Nicolas Cuynat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Dec 17Mare Nostrum Société anonyme (ENXTPA:ALMAR) acquired UNITT SAS.Mare Nostrum Société anonyme (ENXTPA:ALMAR) acquired UNITT SAS on December 16, 2021. Mare Nostrum Société anonyme (ENXTPA:ALMAR) completed the acquisition of UNITT SAS on December 16, 2021.分析記事 • Jun 02Does Mare Nostrum Société anonyme (EPA:ALMAR) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Feb 02New 90-day high: €3.43The company is up 37% from its price of €2.50 on 03 November 2020. The French market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 8.0% over the same period.Is New 90 Day High Low • Dec 10New 90-day high: €3.26The company is up 4.0% from its price of €3.12 on 10 September 2020. The French market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 12% over the same period.分析記事 • Nov 17Taking A Look At Mare Nostrum Société anonyme's (EPA:ALMAR) ROEWhile some investors are already well versed in financial metrics (hat tip), this article is for those who would like...Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 15% share price gain to €2.90, the stock is trading at a trailing P/E ratio of 13.6x, up from the previous P/E ratio of 11.8x. This compares to an average P/E of 23x in the Professional Services industry in France.お知らせ • Oct 29Mare Nostrum Société anonyme (ENXTPA:ALMAR) acquired 50% stake in Inalvea Developpement.Mare Nostrum Société anonyme (ENXTPA:ALMAR) acquired 50% stake in Inalvea Developpement on October 27, 2020. Transaction is fully self-financed. In 2019, Inalvea generated revenue of €1.2 million. Mare Nostrum Société anonyme (ENXTPA:ALMAR) completed the acquisition of 50% stake in Inalvea Developpement on October 27, 2020.Valuation Update With 7 Day Price Move • Oct 29Market pulls back on stock over the past weekAfter last week's 17% share price decline to €2.44, the stock is trading at a trailing P/E ratio of 11.4x, down from the previous P/E ratio of 13.8x. This compares to an average P/E of 19x in the Professional Services industry in France.Is New 90 Day High Low • Oct 22New 90-day low: €2.84The company is down 7.0% from its price of €3.07 on 24 July 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 3.0% over the same period.Is New 90 Day High Low • Sep 23New 90-day low: €2.96The company is down 7.0% from its price of €3.17 on 25 June 2020. The French market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 10.0% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Mare Nostrum は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測ENXTPA:ALMAR - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202511023N/AN/AN/A9/30/20251107N/AN/AN/A6/30/2025110-9-3-3N/A3/31/2025115-1022N/A12/31/2024121-1067N/A9/30/2024135-13910N/A6/30/2024150-161213N/A3/31/2024160-1499N/A12/31/2023170-1256N/A9/30/2023173-856N/A6/30/2023176-356N/A3/31/2023174-313N/A12/31/2022173-2-20N/A9/30/2022169-1-20N/A6/30/20221650-21N/A3/31/20221610-11N/A12/31/2021156-102N/A9/30/2021151-2-10N/A6/30/2021147-3-2-2N/A3/31/2021135-4-6-5N/A12/31/2020123-6-9-9N/A9/30/2020130-5-9-7N/A6/30/2020136-4-8-6N/A3/31/2020151-2-6-3N/A12/31/20191660-30N/A9/30/20191641N/A0N/A6/30/20191621N/A0N/A3/31/20191561N/A0N/A12/31/20181491N/A-1N/A6/30/20181194N/A-1N/A12/31/20171073N/A3N/A11/30/2016891N/A2N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ALMARの予測収益成長が 貯蓄率 ( 2.5% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: ALMARの収益がFrench市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: ALMARの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: ALMARの収益がFrench市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: ALMARの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ALMARの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCommercial-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/09 11:39終値2026/06/09 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Mare Nostrum SA 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • May 19Mare Nostrum SA, Annual General Meeting, Jun 16, 2026Mare Nostrum SA, Annual General Meeting, Jun 16, 2026. Location: 25 rue bossuet, lyon France
Reported Earnings • May 05Full year 2025 earnings releasedFull year 2025 results: Revenue: €120.0m (flat on FY 2024). Net income: €23.4m (up €33.3m from FY 2024). Profit margin: 20% (up from net loss in FY 2024).
New Risk • Jan 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-€18m). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (€3.02m market cap, or US$3.53m).
お知らせ • May 28Mare Nostrum SA, Annual General Meeting, Jun 30, 2025Mare Nostrum SA, Annual General Meeting, Jun 30, 2025. Location: cabinet lamy lexel, 25 rue bossuet, lyon France
Reported Earnings • May 18Full year 2024 earnings released: €1.31 loss per share (vs €1.55 loss in FY 2023)Full year 2024 results: €1.31 loss per share (improved from €1.55 loss in FY 2023). Revenue: €123.1m (down 27% from FY 2023). Net loss: €9.95m (loss narrowed 15% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance.
New Risk • Dec 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€8.3m). Earnings have declined by 50% per year over the past 5 years. Market cap is less than US$10m (€1.67m market cap, or US$1.75m). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change).
Board Change • Sep 30Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Virginie Boissimon-Smolders was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 15Mare Nostrum SA, Annual General Meeting, Sep 18, 2024Mare Nostrum SA, Annual General Meeting, Sep 18, 2024. Location: cabinet lamy lexel, 25 rue bossuet, lyon France
Reported Earnings • Aug 02Full year 2023 earnings released: €1.55 loss per share (vs €0.28 loss in FY 2022)Full year 2023 results: €1.55 loss per share (further deteriorated from €0.28 loss in FY 2022). Revenue: €175.0m (up 1.5% from FY 2022). Net loss: €11.7m (loss widened 453% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings.
New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 38% per year over the past 5 years. Market cap is less than US$10m (€3.48m market cap, or US$3.71m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
分析記事 • Oct 17Is Mare Nostrum (EPA:ALMAR) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Oct 08First half 2023 earnings released: €0.26 loss per share (vs €0.10 loss in 1H 2022)First half 2023 results: €0.26 loss per share (further deteriorated from €0.10 loss in 1H 2022). Revenue: €88.1m (up 3.8% from 1H 2022). Net loss: €1.95m (loss widened 150% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.
Reported Earnings • May 21Full year 2022 earnings released: €0.28 loss per share (vs €0.071 loss in FY 2021)Full year 2022 results: €0.28 loss per share (further deteriorated from €0.071 loss in FY 2021). Revenue: €179.2m (up 15% from FY 2021). Net loss: €2.12m (loss widened 296% from FY 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
分析記事 • Mar 16Mare Nostrum Société anonyme (EPA:ALMAR) Is Reinvesting At Lower Rates Of ReturnFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Nov 30Here's What's Concerning About Mare Nostrum Société anonyme's (EPA:ALMAR) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). Founder, President of the Board & MD Nicolas Cuynat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
分析記事 • Jun 18Here's Why Mare Nostrum Société anonyme (EPA:ALMAR) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Founder, President of the Board & MD Nicolas Cuynat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Dec 17Mare Nostrum Société anonyme (ENXTPA:ALMAR) acquired UNITT SAS.Mare Nostrum Société anonyme (ENXTPA:ALMAR) acquired UNITT SAS on December 16, 2021. Mare Nostrum Société anonyme (ENXTPA:ALMAR) completed the acquisition of UNITT SAS on December 16, 2021.
分析記事 • Jun 02Does Mare Nostrum Société anonyme (EPA:ALMAR) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Feb 02New 90-day high: €3.43The company is up 37% from its price of €2.50 on 03 November 2020. The French market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 8.0% over the same period.
Is New 90 Day High Low • Dec 10New 90-day high: €3.26The company is up 4.0% from its price of €3.12 on 10 September 2020. The French market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 12% over the same period.
分析記事 • Nov 17Taking A Look At Mare Nostrum Société anonyme's (EPA:ALMAR) ROEWhile some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 15% share price gain to €2.90, the stock is trading at a trailing P/E ratio of 13.6x, up from the previous P/E ratio of 11.8x. This compares to an average P/E of 23x in the Professional Services industry in France.
お知らせ • Oct 29Mare Nostrum Société anonyme (ENXTPA:ALMAR) acquired 50% stake in Inalvea Developpement.Mare Nostrum Société anonyme (ENXTPA:ALMAR) acquired 50% stake in Inalvea Developpement on October 27, 2020. Transaction is fully self-financed. In 2019, Inalvea generated revenue of €1.2 million. Mare Nostrum Société anonyme (ENXTPA:ALMAR) completed the acquisition of 50% stake in Inalvea Developpement on October 27, 2020.
Valuation Update With 7 Day Price Move • Oct 29Market pulls back on stock over the past weekAfter last week's 17% share price decline to €2.44, the stock is trading at a trailing P/E ratio of 11.4x, down from the previous P/E ratio of 13.8x. This compares to an average P/E of 19x in the Professional Services industry in France.
Is New 90 Day High Low • Oct 22New 90-day low: €2.84The company is down 7.0% from its price of €3.07 on 24 July 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 3.0% over the same period.
Is New 90 Day High Low • Sep 23New 90-day low: €2.96The company is down 7.0% from its price of €3.17 on 25 June 2020. The French market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 10.0% over the same period.