Emirates Reem Investments Company P.J.S.C Past Earnings Performance
Past criteria checks 0/6
Emirates Reem Investments Company P.J.S.C has been growing earnings at an average annual rate of 61.3%, while the Beverage industry saw earnings growing at 14.4% annually. Revenues have been declining at an average rate of 2.6% per year.
Key information
61.3%
Earnings growth rate
51.8%
EPS growth rate
| Beverage Industry Growth | 11.1% |
| Revenue growth rate | -2.6% |
| Return on equity | -0.5% |
| Net Margin | -2.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Emirates Reem Investments Company P.J.S.C 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 Dec 23 | 55 | -2 | 17 | 0 |
| 30 Sep 23 | 45 | 18 | 15 | 0 |
| 30 Jun 23 | 35 | 21 | 15 | 0 |
| 31 Mar 23 | 33 | 20 | 15 | 0 |
| 31 Dec 22 | 32 | 27 | 14 | 0 |
| 30 Sep 22 | 31 | 13 | 16 | 0 |
| 31 Mar 22 | 26 | 2 | 14 | 0 |
| 31 Dec 21 | 23 | 2 | 16 | 0 |
| 30 Sep 21 | 21 | -6 | 17 | 0 |
| 30 Jun 21 | 21 | -7 | 20 | 0 |
| 31 Mar 21 | 21 | -10 | 20 | 0 |
| 31 Dec 20 | 25 | -7 | 19 | 0 |
| 30 Sep 20 | 29 | -7 | 19 | 0 |
| 30 Jun 20 | 33 | -8 | 20 | 0 |
| 31 Mar 20 | 39 | -7 | 20 | 0 |
| 31 Dec 19 | 40 | -10 | 21 | 0 |
| 30 Sep 19 | 41 | -12 | 22 | 0 |
| 30 Jun 19 | 44 | -11 | 22 | 0 |
| 31 Mar 19 | 46 | -9 | 22 | 0 |
| 31 Dec 18 | 48 | -8 | 23 | 0 |
| 30 Sep 18 | 51 | -6 | 23 | 0 |
| 30 Jun 18 | 53 | -4 | 24 | 0 |
| 31 Mar 18 | 53 | -3 | 24 | 0 |
| 31 Dec 17 | 54 | -3 | 24 | 0 |
| 30 Sep 17 | 55 | -1 | 23 | 0 |
| 30 Jun 17 | 57 | 0 | 23 | 0 |
| 31 Mar 17 | 58 | 1 | 22 | 0 |
| 31 Dec 16 | 61 | 4 | 22 | 0 |
| 30 Sep 16 | 65 | 5 | 23 | 0 |
| 30 Jun 16 | 69 | 7 | 23 | 0 |
| 31 Mar 16 | 73 | 8 | 24 | 0 |
| 31 Dec 15 | 72 | 4 | 24 | 0 |
| 30 Sep 15 | 71 | 3 | 24 | 0 |
| 30 Jun 15 | 71 | 1 | 24 | 0 |
| 31 Mar 15 | 71 | -1 | 24 | 0 |
| 31 Dec 14 | 73 | 1 | 24 | 0 |
| 30 Sep 14 | 74 | 1 | 23 | 0 |
| 30 Jun 14 | 74 | 1 | 23 | 0 |
| 31 Mar 14 | 71 | 1 | 22 | 0 |
| 31 Dec 13 | 69 | 1 | 22 | 0 |
| 30 Sep 13 | 64 | 1 | 20 | 0 |
| 30 Jun 13 | 60 | 1 | 19 | 0 |
Quality Earnings: ERC is currently unprofitable.
Growing Profit Margin: ERC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ERC is unprofitable, but has reduced losses over the past 5 years at a rate of 61.3% per year.
Accelerating Growth: Unable to compare ERC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ERC is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (22.6%).
Return on Equity
High ROE: ERC has a negative Return on Equity (-0.45%), as it is currently unprofitable.