Watania International Holding PJSC Past Earnings Performance
Past criteria checks 1/6
Watania International Holding PJSC's earnings have been declining at an average annual rate of -42.5%, while the Insurance industry saw earnings declining at 5% annually. Revenues have been growing at an average rate of 32.2% per year. Watania International Holding PJSC's return on equity is 5.8%, and it has net margins of 1.3%.
Key information
-42.5%
Earnings growth rate
-36.0%
EPS growth rate
| Insurance Industry Growth | 3.0% |
| Revenue growth rate | 32.2% |
| Return on equity | 5.8% |
| Net Margin | 1.3% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Watania International Holding PJSC 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 | 988 | 13 | 32 | 0 |
| 30 Sep 23 | 776 | -35 | 82 | 0 |
| 30 Jun 23 | 800 | -55 | 97 | 0 |
| 31 Mar 23 | 667 | -67 | 93 | 0 |
| 31 Dec 22 | 833 | -53 | 51 | 0 |
| 30 Sep 22 | 634 | -20 | 54 | 0 |
| 30 Jun 22 | 512 | 3 | 49 | 0 |
| 31 Mar 22 | 535 | 23 | 59 | 0 |
| 31 Dec 21 | 498 | 22 | 70 | 0 |
| 30 Sep 21 | 534 | 18 | 78 | 0 |
| 30 Jun 21 | 535 | 32 | 85 | 0 |
| 31 Mar 21 | 479 | 27 | 78 | 0 |
| 31 Dec 20 | 434 | 23 | 70 | 0 |
| 30 Sep 20 | 343 | 23 | 51 | 0 |
| 30 Jun 20 | 266 | 9 | 37 | 0 |
| 31 Mar 20 | 224 | 5 | 36 | 0 |
| 31 Dec 19 | 192 | 5 | 34 | 0 |
| 30 Sep 19 | 170 | 2 | 38 | 0 |
| 30 Jun 19 | 174 | 3 | 39 | 0 |
| 31 Mar 19 | 182 | 6 | 41 | 0 |
| 31 Dec 18 | 193 | 7 | 41 | 0 |
| 30 Sep 18 | 203 | 11 | 43 | 0 |
| 30 Jun 18 | 211 | 12 | 42 | 0 |
| 31 Mar 18 | 212 | 11 | 41 | 0 |
| 31 Dec 17 | 205 | 10 | 40 | 0 |
| 30 Sep 17 | 193 | 11 | 37 | 0 |
| 30 Jun 17 | 179 | 10 | 35 | 0 |
| 31 Mar 17 | 166 | 11 | 33 | 0 |
| 31 Dec 16 | 155 | 5 | 32 | 0 |
| 30 Sep 16 | 145 | -1 | 30 | 0 |
| 30 Jun 16 | 141 | -6 | 30 | 0 |
| 31 Mar 16 | 139 | -11 | 29 | 0 |
| 31 Dec 15 | 136 | -7 | 28 | 0 |
| 30 Sep 15 | 129 | -4 | 28 | 0 |
| 30 Jun 15 | 121 | -1 | 27 | 0 |
| 31 Mar 15 | 107 | 3 | 26 | 0 |
| 31 Dec 14 | 100 | 5 | 25 | 0 |
| 30 Sep 14 | 97 | 7 | 23 | 0 |
| 30 Jun 14 | 94 | 7 | 22 | 0 |
| 31 Mar 14 | 96 | 4 | 21 | 0 |
| 31 Dec 13 | 92 | 1 | 20 | 0 |
| 30 Sep 13 | 84 | -5 | 20 | 0 |
| 30 Jun 13 | 73 | -11 | 20 | 0 |
Quality Earnings: WATANIA has a large one-off gain of AED2.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: WATANIA became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WATANIA's earnings have declined by 42.5% per year over the past 5 years.
Accelerating Growth: WATANIA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WATANIA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (17.9%).
Return on Equity
High ROE: WATANIA's Return on Equity (5.8%) is considered low.