AF Legal Group Past Earnings Performance

Past criteria checks 2/6

Key information

-53.3%

Earnings growth rate

-49.2%

EPS growth rate

Professional Services Industry Growth	8.7%
Revenue growth rate	41.2%
Return on equity	19.1%
Net Margin	3.9%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

A Look At The Intrinsic Value Of AF Legal Group Limited (ASX:AFL)

Sep 01

Can Mixed Fundamentals Have A Negative Impact on AF Legal Group Limited (ASX:AFL) Current Share Price Momentum?

Jan 03

Revenue & Expenses Breakdown
Beta

How AF Legal Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ASX:AFL Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	21	1	15
30 Sep 23	20	-4	14
30 Jun 23	19	-8	14
31 Mar 23	18	-9	14
31 Dec 22	17	-9	14
30 Sep 22	17	-5	13
30 Jun 22	17	0	13
31 Mar 22	16	0	12
31 Dec 21	15	0	11
30 Sep 21	13	0	9
30 Jun 21	11	0	7
31 Mar 21	10	0	6
31 Dec 20	8	1	5
30 Sep 20	8	0	5
30 Jun 20	7	0	5
31 Mar 20	5	0	4
31 Dec 19	4	-1	3
30 Sep 19	2	-1	2
30 Jun 19	0	-1	1
31 Mar 19	0	-1	0
31 Dec 18	0	0	0
30 Sep 18	0	0	0
30 Jun 18	0	0	0
31 Mar 18	0	0	0
31 Dec 17	0	0	0
30 Sep 17	0	0	0
30 Jun 17	0	0	0
31 Mar 17	0	0	0
31 Dec 16	0	0	1
30 Sep 16	0	9	0
30 Jun 16	0	19	0
31 Mar 16	0	19	0
31 Dec 15	0	19	0
30 Sep 15	0	9	1
30 Jun 15	0	-1	1
31 Mar 15	0	-2	2
31 Dec 14	0	-2	2
30 Sep 14	0	-2	2
30 Jun 14	0	-2	2
31 Mar 14	0	-2	2
31 Dec 13	0	-3	3
30 Sep 13	0	-5	4
30 Jun 13	0	-7	6

Growing Profit Margin: AFL became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AFL has become profitable over the past 5 years, growing earnings by -53.3% per year.

Return on Equity

Return on Assets

Return on Capital Employed

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Analysts Target

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AF Legal Group Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

Full year 2023 earnings released: AU$0.10 loss per share (vs AU$0.005 loss in FY 2022)

First half 2023 earnings released: AU$0.11 loss per share (vs AU$0.01 profit in 1H 2022)

Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.007 loss in FY 2021)

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings released: AU$0.007 loss per share (vs AU$0.007 profit in FY 2020)

Full year 2021 earnings released: AU$0.007 loss per share (vs AU$0.007 profit in FY 2020)

Recent updates

AF Legal Group Limited (ASX:AFL) completed the acquisition of Contested Wills & Estates practice of Armstrong Legal from Armstrong Legal for AUD 3.5 million.

New minor risk - Shareholder dilution

AF Legal Group Limited has completed a Follow-on Equity Offering in the amount of AUD 1.513809 million.

AF Legal Group Limited has filed a Follow-on Equity Offering in the amount of AUD 2.948938 million.

Grant Dearlove Intends to Resign as Legal Practice Director of AF Legal Group Limited, Effective on November 14, 2023

Full year 2023 earnings released: AU$0.10 loss per share (vs AU$0.005 loss in FY 2022)

AF Legal Group Limited, Annual General Meeting, Nov 13, 2023

AF Legal Group Limited Announces Executive Changes

First half 2023 earnings released: AU$0.11 loss per share (vs AU$0.01 profit in 1H 2022)

AF Legal Group Limited Appoints Chris Mcfadden as Chief Operating Officer

High number of new and inexperienced directors

AF Legal Group Limited Appoints Chris McFadden as Interim CFO

AF Legal Group Limited Limited Announces Management Changes

AF Legal Group Limited Limited Announces Management Changes

AF Legal Group Limited Announces Resignation of Chief Financial Officer, Pratyush Jagdishwala

AF Legal Group Limited (ASX:AFL) has executed a share sale deed to acquire GTC Legal Group Holdings Pty Ltd from its existing shareholders for AUD10.9 million.

AF Legal Group Limited, Annual General Meeting, Nov 14, 2022

Executive Director recently sold AU$444k worth of stock

Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.007 loss in FY 2021)

Af Legal Group Limited Announces Appointment of Rick Dennis as Independent Non-Executive Chair

Less than half of directors are independent

First half 2022 earnings: Revenues and EPS in line with analyst expectations

AF Legal Group Limited (ASX:AFL) completed the acquisition of Withnalls Lawyers.

Af Legal Group Limited Announces Appointment of Mr. Pratysuh Jagdishwala as Chief Financial Officer from 1 February 2022

Insider recently sold AU$1.8m worth of stock

Full year 2021 earnings released: AU$0.007 loss per share (vs AU$0.007 profit in FY 2020)

CFO & Executive Director exercised options to buy AU$364k worth of stock.

Full year 2021 earnings released: AU$0.007 loss per share (vs AU$0.007 profit in FY 2020)

A Look At The Intrinsic Value Of AF Legal Group Limited (ASX:AFL)

AF Legal Group Limited (ASX:AFL) completed the acquisition of Assets of Kordos Lawyers.

AF Legal Group Limited (ASX:AFL) signed an agreement to acquire Assets of Kordos Lawyers.

AF Legal Group Ltd (ASX: AFL) completed the acquisition of Watts McCray (NSW) Pty Ltd.

AF Legal Group Ltd (ASX: AFL) signed a binding heads of agreement to acquire Watts McCray (NSW) Pty Ltd for AUD 3 million.

First half 2021 earnings released: EPS AU$0.004 (vs AU$0.002 in 1H 2020)

Can Mixed Fundamentals Have A Negative Impact on AF Legal Group Limited (ASX:AFL) Current Share Price Momentum?

AF Legal Group Limited (ASX:AFL) acquired Strong Law Pty Ltd from Lessli Strong for AUD 0.3 million.

AF Legal Group Ltd Enters into Referral Agreement with Slater & Gordon

New 90-day high: AU$0.42

New 90-day high: AU$0.39

New 90-day high - AU$0.23

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta