Rare Foods Australia Past Earnings Performance
Past criteria checks 0/6
Rare Foods Australia's earnings have been declining at an average annual rate of -13.5%, while the Food industry saw earnings growing at 16.2% annually. Revenues have been growing at an average rate of 17.1% per year.
Key information
-13.5%
Earnings growth rate
-12.2%
EPS growth rate
| Food Industry Growth | 5.9% |
| Revenue growth rate | 17.1% |
| Return on equity | -40.1% |
| Net Margin | -67.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Rare Foods Australia 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 | 5 | -4 | 6 | 0 |
| 30 Sep 23 | 6 | -3 | 6 | 0 |
| 30 Jun 23 | 6 | -1 | 6 | 0 |
| 31 Mar 23 | 5 | -1 | 5 | 0 |
| 31 Dec 22 | 5 | -1 | 5 | 0 |
| 30 Sep 22 | 5 | -1 | 5 | 0 |
| 30 Jun 22 | 4 | -1 | 5 | 0 |
| 31 Mar 22 | 4 | -1 | 4 | 0 |
| 31 Dec 21 | 3 | -2 | 4 | 0 |
| 30 Sep 21 | 3 | -2 | 4 | 0 |
| 30 Jun 21 | 3 | -2 | 4 | 0 |
| 31 Mar 21 | 3 | -3 | 4 | 0 |
| 31 Dec 20 | 3 | -3 | 3 | 0 |
| 30 Sep 20 | 3 | -4 | 4 | 0 |
| 30 Jun 20 | 3 | -5 | 4 | 0 |
| 31 Mar 20 | 3 | -2 | 4 | 0 |
| 31 Dec 19 | 3 | 0 | 4 | 0 |
| 30 Sep 19 | 3 | 0 | 4 | 0 |
| 30 Jun 19 | 3 | 1 | 4 | 0 |
| 31 Mar 19 | 3 | 0 | 5 | 0 |
| 31 Dec 18 | 2 | -1 | 6 | 0 |
| 30 Sep 18 | 2 | -2 | 6 | 0 |
| 30 Jun 18 | 2 | -3 | 6 | 0 |
| 31 Mar 18 | 2 | -3 | 6 | 0 |
| 31 Dec 17 | 2 | -2 | 5 | 0 |
| 30 Sep 17 | 1 | -2 | 4 | 0 |
| 30 Jun 17 | 1 | -2 | 3 | 0 |
| 30 Jun 16 | 0 | -1 | 2 | 0 |
| 30 Jun 15 | 0 | -2 | 2 | 0 |
Quality Earnings: RFA is currently unprofitable.
Growing Profit Margin: RFA is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RFA is unprofitable, and losses have increased over the past 5 years at a rate of 13.5% per year.
Accelerating Growth: Unable to compare RFA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RFA is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (270.8%).
Return on Equity
High ROE: RFA has a negative Return on Equity (-40.12%), as it is currently unprofitable.