Matrix Composites & Engineering Past Earnings Performance
Past criteria checks 3/6
Matrix Composites & Engineering has been growing earnings at an average annual rate of 61.9%, while the Energy Services industry saw earnings growing at 39.1% annually. Revenues have been growing at an average rate of 30.4% per year. Matrix Composites & Engineering's return on equity is 26.8%, and it has net margins of 8.7%.
Key information
61.87%
Earnings growth rate
63.30%
EPS growth rate
| Energy Services Industry Growth | 57.71% |
| Revenue growth rate | 30.44% |
| Return on equity | 26.83% |
| Net Margin | 8.72% |
| Last Earnings Update | 31 Dec 2024 |
Recent past performance updates
Recent updates
Is Matrix Composites & Engineering (ASX:MCE) Using Too Much Debt?
May 15
Matrix Composites & Engineering Ltd's (ASX:MCE) Shares May Have Run Too Fast Too Soon
Apr 10What Does The Future Hold For Matrix Composites & Engineering Ltd (ASX:MCE)? These Analysts Have Been Cutting Their Estimates
Mar 02
Over $90 Million In SURF Orders Will Drive Future Opportunities
Revenue growth is expected through increased project activity and strategic positioning in strong markets like subsea production and SURF.Shareholders Should Be Pleased With Matrix Composites & Engineering Ltd's (ASX:MCE) Price
Nov 05Fewer Investors Than Expected Jumping On Matrix Composites & Engineering Ltd (ASX:MCE)
May 23Matrix Composites & Engineering (ASX:MCE) Has Debt But No Earnings; Should You Worry?
Feb 29Investors Still Aren't Entirely Convinced By Matrix Composites & Engineering Ltd's (ASX:MCE) Revenues Despite 26% Price Jump
Dec 15Is Matrix Composites & Engineering (ASX:MCE) Using Debt Sensibly?
Oct 31Calculating The Intrinsic Value Of Matrix Composites & Engineering Ltd (ASX:MCE)
Jun 21Does Matrix Composites & Engineering (ASX:MCE) Have A Healthy Balance Sheet?
Mar 15Matrix Composites & Engineering (ASX:MCE) Is In A Good Position To Deliver On Growth Plans
Nov 29We Think Matrix Composites & Engineering (ASX:MCE) Needs To Drive Business Growth Carefully
Aug 16Will Matrix Composites & Engineering (ASX:MCE) Spend Its Cash Wisely?
Apr 06How Much Are Matrix Composites & Engineering Ltd (ASX:MCE) Insiders Spending On Buying Shares?
Feb 28How Does Matrix Composites & Engineering's (ASX:MCE) CEO Pay Compare With Company Performance?
Jan 06Revenue & Expenses Breakdown
How Matrix Composites & Engineering 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 24 | 98 | 9 | 8 | 3 |
| 30 Sep 24 | 91 | 6 | 8 | 3 |
| 30 Jun 24 | 85 | 4 | 8 | 3 |
| 31 Mar 24 | 74 | -1 | 7 | 3 |
| 31 Dec 23 | 62 | -5 | 7 | 3 |
| 30 Sep 23 | 55 | 2 | 7 | 2 |
| 30 Jun 23 | 47 | 9 | 6 | 2 |
| 31 Mar 23 | 37 | 9 | 6 | 2 |
| 31 Dec 22 | 27 | 9 | 6 | 2 |
| 30 Sep 22 | 28 | 2 | 6 | 2 |
| 30 Jun 22 | 29 | -5 | 6 | 1 |
| 31 Mar 22 | 26 | -15 | 6 | 1 |
| 31 Dec 21 | 23 | -25 | 6 | 1 |
| 30 Sep 21 | 20 | -26 | 5 | 1 |
| 30 Jun 21 | 18 | -28 | 5 | 1 |
| 31 Mar 21 | 15 | -49 | 6 | 2 |
| 31 Dec 20 | 13 | -71 | 6 | 2 |
| 30 Sep 20 | 20 | -69 | 6 | 3 |
| 30 Jun 20 | 27 | -68 | 6 | 3 |
| 31 Mar 20 | 38 | -36 | 6 | 3 |
| 31 Dec 19 | 49 | -8 | 6 | 3 |
| 30 Sep 19 | 44 | -8 | 6 | 2 |
| 30 Jun 19 | 38 | -9 | 6 | 2 |
| 31 Mar 19 | 29 | -11 | 6 | 3 |
| 31 Dec 18 | 19 | -14 | 7 | 3 |
| 30 Sep 18 | 19 | -15 | 7 | 3 |
| 30 Jun 18 | 20 | -15 | 7 | 3 |
| 31 Mar 18 | 21 | -15 | 7 | 2 |
| 31 Dec 17 | 22 | -14 | 7 | 2 |
| 30 Sep 17 | 28 | -17 | 7 | 1 |
| 30 Jun 17 | 33 | -20 | 8 | 1 |
| 31 Mar 17 | 44 | -18 | 9 | 1 |
| 31 Dec 16 | 55 | -16 | 10 | 1 |
| 30 Sep 16 | 75 | -9 | 10 | 1 |
| 30 Jun 16 | 96 | -2 | 10 | 1 |
| 31 Mar 16 | 112 | -1 | 11 | 1 |
| 31 Dec 15 | 129 | 1 | 11 | 1 |
| 30 Sep 15 | 137 | 2 | 12 | 1 |
| 30 Jun 15 | 144 | 4 | 12 | 1 |
| 31 Mar 15 | 158 | 5 | 13 | 1 |
| 31 Dec 14 | 172 | 6 | 13 | 1 |
| 30 Sep 14 | 165 | 5 | 14 | 0 |
| 30 Jun 14 | 159 | 3 | 14 | 0 |
Quality Earnings: MCE has a high level of non-cash earnings.
Growing Profit Margin: MCE became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MCE has become profitable over the past 5 years, growing earnings by 61.9% per year.
Accelerating Growth: MCE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MCE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (15.7%).
Return on Equity
High ROE: MCE's Return on Equity (26.8%) is considered high.
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 | 2025/06/15 06:25 |
| End of Day Share Price | 2025/06/13 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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
Matrix Composites & Engineering Ltd is covered by 8 analysts. 2 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 |
|---|---|
| Joseph House | Bell Potter |
| Mark Samter | CLSA |
| Aiden Bradley | Euroz Hartleys Securities Limited |