Korvest Past Earnings Performance
Past criteria checks 5/6
Korvest has been growing earnings at an average annual rate of 31.3%, while the Machinery industry saw earnings growing at 30.2% annually. Revenues have been growing at an average rate of 14.8% per year. Korvest's return on equity is 24.3%, and it has net margins of 11.6%.
Key information
31.3%
Earnings growth rate
30.5%
EPS growth rate
| Machinery Industry Growth | 29.3% |
| Revenue growth rate | 14.8% |
| Return on equity | 24.3% |
| Net Margin | 11.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Korvest (ASX:KOV) Has Announced A Dividend Of A$0.25
Jan 24
Korvest's (ASX:KOV) Dividend Will Be A$0.35
Jul 26We Think Korvest Ltd's (ASX:KOV) CEO Compensation Looks Fair
Oct 15Korvest's (ASX:KOV) Upcoming Dividend Will Be Larger Than Last Year's
Jul 25Korvest's (ASX:KOV) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 24Should You Be Adding Korvest (ASX:KOV) To Your Watchlist Today?
Dec 03It's Unlikely That Korvest Ltd's (ASX:KOV) CEO Will See A Huge Pay Rise This Year
Oct 15The Return Trends At Korvest (ASX:KOV) Look Promising
Jun 14A Look At The Intrinsic Value Of Korvest Ltd (ASX:KOV)
May 24Should You Or Shouldn't You: A Dividend Analysis on Korvest Ltd (ASX:KOV)
Apr 04Does Korvest (ASX:KOV) Deserve A Spot On Your Watchlist?
Mar 17We Like These Underlying Trends At Korvest (ASX:KOV)
Feb 24What Did Korvest's (ASX:KOV) CEO Take Home Last Year?
Feb 09
A Look At The Intrinsic Value Of Korvest Ltd (ASX:KOV)
Jan 25Is Korvest Ltd's (ASX:KOV) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 12Is Korvest Ltd (ASX:KOV) The Right Choice For A Smart Dividend Investor?
Dec 30Does Korvest (ASX:KOV) Deserve A Spot On Your Watchlist?
Dec 17Is It Too Late To Consider Buying Korvest Ltd (ASX:KOV)?
Dec 04Does Korvest's (ASX:KOV) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 21The Returns On Capital At Korvest (ASX:KOV) Don't Inspire Confidence
Jul 22Are Korvest's (ASX:KOV) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jul 07With EPS Growth And More, Korvest (ASX:KOV) Is Interesting
Jun 22Revenue & Expenses BreakdownBeta
How Korvest 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 | 107 | 12 | 24 | 0 |
| 30 Sep 23 | 107 | 12 | 24 | 0 |
| 30 Jun 23 | 108 | 11 | 24 | 0 |
| 31 Mar 23 | 104 | 10 | 23 | 0 |
| 31 Dec 22 | 101 | 9 | 22 | 0 |
| 30 Sep 22 | 100 | 10 | 21 | 0 |
| 30 Jun 22 | 99 | 11 | 21 | 0 |
| 31 Mar 22 | 94 | 11 | 20 | 0 |
| 31 Dec 21 | 89 | 10 | 20 | 0 |
| 30 Sep 21 | 79 | 8 | 19 | 0 |
| 30 Jun 21 | 70 | 6 | 18 | 0 |
| 31 Mar 21 | 65 | 5 | 18 | 0 |
| 31 Dec 20 | 60 | 5 | 18 | 0 |
| 30 Sep 20 | 61 | 4 | 19 | 0 |
| 30 Jun 20 | 63 | 4 | 20 | 0 |
| 31 Mar 20 | 65 | 4 | 20 | 0 |
| 31 Dec 19 | 68 | 4 | 20 | 0 |
| 30 Sep 19 | 64 | 3 | 20 | 0 |
| 30 Jun 19 | 61 | 3 | 19 | 0 |
| 31 Mar 19 | 59 | 2 | 19 | 0 |
| 31 Dec 18 | 57 | 2 | 19 | 0 |
| 30 Sep 18 | 57 | 2 | 19 | 0 |
| 30 Jun 18 | 57 | 1 | 19 | 0 |
| 31 Mar 18 | 55 | 1 | 19 | 0 |
| 31 Dec 17 | 53 | 0 | 18 | 0 |
| 30 Sep 17 | 49 | -1 | 18 | 0 |
| 30 Jun 17 | 45 | -2 | 17 | 0 |
| 31 Mar 17 | 47 | -1 | 17 | 0 |
| 31 Dec 16 | 49 | 0 | 18 | 0 |
| 30 Sep 16 | 52 | 0 | 19 | 0 |
| 30 Jun 16 | 55 | 1 | 20 | 0 |
| 31 Mar 16 | 57 | 1 | 20 | 0 |
| 31 Dec 15 | 58 | 1 | 21 | 0 |
| 30 Sep 15 | 61 | 1 | 21 | 0 |
| 30 Jun 15 | 63 | 1 | 22 | 0 |
| 31 Mar 15 | 67 | 2 | 23 | 0 |
| 31 Dec 14 | 72 | 3 | 23 | 0 |
| 30 Sep 14 | 73 | 4 | 24 | 0 |
| 30 Jun 14 | 74 | 6 | 24 | 0 |
| 31 Mar 14 | 68 | 5 | 24 | 0 |
| 31 Dec 13 | 63 | 4 | 23 | 0 |
| 30 Sep 13 | 62 | 4 | 23 | 0 |
| 30 Jun 13 | 62 | 4 | 22 | 0 |
Quality Earnings: KOV has high quality earnings.
Growing Profit Margin: KOV's current net profit margins (11.6%) are higher than last year (8.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KOV's earnings have grown significantly by 31.3% per year over the past 5 years.
Accelerating Growth: KOV's earnings growth over the past year (40.4%) exceeds its 5-year average (31.3% per year).
Earnings vs Industry: KOV earnings growth over the past year (40.4%) did not outperform the Machinery industry 41%.
Return on Equity
High ROE: KOV's Return on Equity (24.3%) is considered high.