Salter Brothers Emerging Companies Past Earnings Performance
Past criteria checks 2/6
Salter Brothers Emerging Companies's earnings have been declining at an average annual rate of -4.9%, while the Capital Markets industry saw earnings growing at 6.8% annually. Revenues have been declining at an average rate of 15.2% per year. Salter Brothers Emerging Companies's return on equity is 4.7%, and it has net margins of 52.8%.
Key information
-4.9%
Earnings growth rate
-86.6%
EPS growth rate
| Capital Markets Industry Growth | 6.6% |
| Revenue growth rate | -15.2% |
| Return on equity | 4.7% |
| Net Margin | 52.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Salter Brothers Emerging Companies 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 24 | 8 | 4 | 1 | 0 |
| 31 Mar 24 | -1 | -2 | 1 | 0 |
| 31 Dec 23 | -9 | -8 | 2 | 0 |
| 30 Sep 23 | -5 | -5 | 2 | 0 |
| 30 Jun 23 | -1 | -2 | 2 | 0 |
| 31 Mar 23 | -5 | -5 | 2 | 0 |
| 31 Dec 22 | -10 | -8 | 2 | 0 |
| 30 Sep 22 | -9 | -8 | 3 | 0 |
| 30 Jun 22 | -8 | -8 | 5 | 0 |
| 30 Jun 21 | 13 | 6 | 2 | 0 |
Quality Earnings: SB2 has a high level of non-cash earnings.
Growing Profit Margin: SB2 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SB2 has become profitable over the past 5 years.
Accelerating Growth: SB2 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SB2 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (15.6%).
Return on Equity
High ROE: SB2's Return on Equity (4.7%) is considered low.