Millennium Services Group Past Earnings Performance
Past criteria checks 3/6
Millennium Services Group has been growing earnings at an average annual rate of 41.2%, while the Commercial Services industry saw earnings growing at 17.2% annually. Revenues have been declining at an average rate of 1.5% per year. Millennium Services Group's return on equity is 93.3%, and it has net margins of 0.8%.
Key information
41.2%
Earnings growth rate
41.1%
EPS growth rate
| Commercial Services Industry Growth | 6.0% |
| Revenue growth rate | -1.5% |
| Return on equity | 93.3% |
| Net Margin | 0.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
These 4 Measures Indicate That Millennium Services Group (ASX:MIL) Is Using Debt Extensively
Nov 07
Estimating The Intrinsic Value Of Millennium Services Group Limited (ASX:MIL)
Aug 11Is Millennium Services Group (ASX:MIL) A Risky Investment?
Jun 13When Should You Buy Millennium Services Group Limited (ASX:MIL)?
Nov 02Is Millennium Services Group (ASX:MIL) A Risky Investment?
Aug 18Why Millennium Services Group Limited (ASX:MIL) Could Be Worth Watching
May 26Is Millennium Services Group (ASX:MIL) Using Too Much Debt?
Apr 13Investors Can Find Comfort In Millennium Services Group's (ASX:MIL) Earnings Quality
Mar 03At AU$0.49, Is It Time To Put Millennium Services Group Limited (ASX:MIL) On Your Watch List?
Feb 23Estimating The Fair Value Of Millennium Services Group Limited (ASX:MIL)
Aug 02What Does Millennium Services Group Limited's (ASX:MIL) Share Price Indicate?
May 06Should You Think About Buying Millennium Services Group Limited (ASX:MIL) Now?
Jan 21Revenue & Expenses Breakdown
How Millennium Services Group 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 | 285 | 2 | 224 | 0 |
| 30 Sep 23 | 276 | 1 | 216 | 0 |
| 30 Jun 23 | 266 | 1 | 208 | 0 |
| 31 Mar 23 | 262 | 0 | 203 | 0 |
| 31 Dec 22 | 258 | 0 | 198 | 0 |
| 30 Sep 22 | 260 | 1 | 195 | 0 |
| 30 Jun 22 | 261 | 2 | 193 | 0 |
| 31 Mar 22 | 266 | 2 | 199 | 0 |
| 31 Dec 21 | 270 | 2 | 205 | 0 |
| 30 Sep 21 | 272 | 10 | 212 | 0 |
| 30 Jun 21 | 274 | 17 | 220 | 0 |
| 31 Mar 21 | 265 | 26 | 220 | 0 |
| 31 Dec 20 | 257 | 34 | 220 | 0 |
| 30 Sep 20 | 257 | 26 | 219 | 0 |
| 30 Jun 20 | 257 | 17 | 217 | 0 |
| 31 Mar 20 | 267 | -3 | 219 | 0 |
| 31 Dec 19 | 276 | -23 | 222 | 0 |
| 30 Sep 19 | 285 | -34 | 230 | 0 |
| 30 Jun 19 | 295 | -46 | 239 | 0 |
| 31 Mar 19 | 297 | -35 | 241 | 0 |
| 31 Dec 18 | 300 | -25 | 242 | 0 |
| 30 Sep 18 | 291 | -13 | 231 | 0 |
| 30 Jun 18 | 282 | -1 | 219 | 0 |
| 31 Mar 18 | 272 | 1 | 209 | 0 |
| 31 Dec 17 | 263 | 4 | 199 | 0 |
| 30 Sep 17 | 245 | 4 | 182 | 0 |
| 30 Jun 17 | 227 | 5 | 165 | 0 |
| 30 Jun 16 | 158 | 1 | 107 | 0 |
Quality Earnings: MIL has high quality earnings.
Growing Profit Margin: MIL became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIL has become profitable over the past 5 years, growing earnings by 41.2% per year.
Accelerating Growth: MIL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MIL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (26.1%).
Return on Equity
High ROE: Whilst MIL's Return on Equity (93.29%) is outstanding, this metric is skewed due to their high level of debt.
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 | 2024/05/06 06:06 |
| End of Day Share Price | 2024/05/06 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/06/30 |
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 here.
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 .
Analyst Sources
Millennium Services Group Limited is covered by 3 analysts. 1 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 |
|---|---|
| Raju Ahmed | CCZ Equities Pty Limited |
| Jules Cooper | Ord Minnett Limited |
| John Burgess | RaaS Advisory Pty Ltd |