Gulf Navigation Holding PJSC Past Earnings Performance
Past criteria checks 2/6
Gulf Navigation Holding PJSC has been growing earnings at an average annual rate of 69.1%, while the Shipping industry saw earnings growing at 12.1% annually. Revenues have been declining at an average rate of 10.1% per year. Gulf Navigation Holding PJSC's return on equity is 1.4%, and it has net margins of 4.8%.
Key information
69.09%
Earnings growth rate
73.44%
EPS growth rate
| Shipping Industry Growth | 41.61% |
| Revenue growth rate | -10.14% |
| Return on equity | 1.39% |
| Net Margin | 4.81% |
| Last Earnings Update | 30 Jun 2025 |
Recent past performance updates
Recent updates
Gulf Navigation Holding PJSC's (DFM:GULFNAV) Attractive Earnings Are Not All Good News For Shareholders
Aug 22
Gulf Navigation Holding PJSC's (DFM:GULFNAV) Earnings Are Built On Soft Foundations
Apr 07Why Investors Shouldn't Be Surprised By Gulf Navigation Holding PJSC's (DFM:GULFNAV) 33% Share Price Surge
Apr 18Gulf Navigation Holding PJSC (DFM:GULFNAV) Hasn't Managed To Accelerate Its Returns
Apr 12Gulf Navigation Holding PJSC's (DFM:GULFNAV) Solid Earnings May Rest On Weak Foundations
Apr 08How Much Did Gulf Navigation Holding PJSC's(DFM:GULFNAV) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 23Revenue & Expenses Breakdown
How Gulf Navigation 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 |
|---|---|---|---|---|
| 30 Jun 25 | 106 | 5 | 21 | 0 |
| 31 Mar 25 | 91 | -16 | 22 | 0 |
| 31 Dec 24 | 89 | -20 | 22 | 0 |
| 30 Sep 24 | 83 | -37 | 25 | 0 |
| 30 Jun 24 | 78 | -31 | 26 | 0 |
| 31 Mar 24 | 90 | -4 | 27 | 0 |
| 31 Dec 23 | 106 | 21 | 26 | 0 |
| 30 Sep 23 | 116 | 25 | 17 | 0 |
| 30 Jun 23 | 130 | 23 | 18 | 0 |
| 31 Mar 23 | 141 | 4 | 13 | 0 |
| 31 Dec 22 | 137 | -7 | 13 | 0 |
| 30 Sep 22 | 134 | -6 | 14 | 0 |
| 30 Jun 22 | 129 | -25 | 18 | 0 |
| 31 Mar 22 | 123 | -20 | 17 | 0 |
| 31 Dec 21 | 119 | 58 | 16 | 0 |
| 30 Sep 21 | 124 | -153 | 14 | 0 |
| 30 Jun 21 | 137 | -153 | 12 | 0 |
| 31 Mar 21 | 140 | -186 | 16 | 0 |
| 31 Dec 20 | 143 | -284 | 16 | 0 |
| 30 Sep 20 | 144 | -344 | 22 | 0 |
| 30 Jun 20 | 148 | -348 | 25 | 0 |
| 31 Mar 20 | 155 | -332 | 26 | 0 |
| 31 Dec 19 | 166 | -325 | 30 | 0 |
| 30 Sep 19 | 167 | -68 | 36 | 0 |
| 30 Jun 19 | 162 | -53 | 39 | 0 |
| 31 Mar 19 | 154 | -56 | 40 | 0 |
| 31 Dec 18 | 147 | -40 | 40 | 0 |
| 30 Sep 18 | 149 | -9 | 33 | 0 |
| 30 Jun 18 | 149 | 6 | 28 | 0 |
| 31 Mar 18 | 146 | 36 | 26 | 0 |
| 31 Dec 17 | 138 | 40 | 26 | 0 |
| 30 Sep 17 | 130 | 36 | 26 | 0 |
| 30 Jun 17 | 123 | 141 | 26 | 0 |
| 31 Mar 17 | 125 | 139 | 28 | 0 |
| 31 Dec 16 | 130 | 137 | 27 | 0 |
| 30 Sep 16 | 134 | 136 | 20 | 0 |
| 30 Jun 16 | 136 | 24 | 20 | 0 |
| 31 Mar 16 | 137 | 22 | 18 | 0 |
| 31 Dec 15 | 135 | 20 | 18 | 0 |
| 30 Sep 15 | 133 | 19 | 20 | 0 |
| 30 Jun 15 | 132 | 16 | 20 | 0 |
| 31 Mar 15 | 129 | 14 | 21 | 0 |
| 31 Dec 14 | 128 | 10 | 19 | 0 |
Quality Earnings: GULFNAV has a large one-off gain of AED13.1M impacting its last 12 months of financial results to 30th June, 2025.
Growing Profit Margin: GULFNAV became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GULFNAV has become profitable over the past 5 years, growing earnings by 69.1% per year.
Accelerating Growth: GULFNAV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GULFNAV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Shipping industry (22%).
Return on Equity
High ROE: GULFNAV's Return on Equity (1.4%) 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 | 2025/10/25 18:42 |
| End of Day Share Price | 2025/10/24 00:00 |
| Earnings | 2025/06/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Gulf Navigation Holding PJSC is covered by 2 analysts. 0 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 |
|---|---|
| Redwan Ahmed | EFG-Hermes Research |
| null RESEARCH DEPARTMENT | Prime Research |