NobleOak Life Past Earnings Performance
Past criteria checks 0/6
NobleOak Life's earnings have been declining at an average annual rate of -0.6%, while the Insurance industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 30.4% per year. NobleOak Life's return on equity is 4.2%, and it has net margins of 2.5%.
Key information
-0.6%
Earnings growth rate
-16.4%
EPS growth rate
| Insurance Industry Growth | 4.5% |
| Revenue growth rate | 30.4% |
| Return on equity | 4.2% |
| Net Margin | 2.5% |
| Next Earnings Update | 30 Aug 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How NobleOak Life 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 | 110 | 3 | 24 | 0 |
| 30 Sep 23 | 107 | 5 | 24 | 0 |
| 30 Jun 23 | 104 | 8 | 24 | 0 |
| 31 Mar 23 | 217 | 11 | 6 | 0 |
| 31 Dec 22 | 212 | 9 | 6 | 0 |
| 30 Sep 22 | 148 | 5 | 14 | 0 |
| 30 Jun 22 | 83 | 2 | 22 | 0 |
| 31 Mar 22 | 79 | 3 | 22 | 0 |
| 31 Dec 21 | 74 | 4 | 22 | 0 |
| 30 Sep 21 | 69 | 5 | 21 | 0 |
| 30 Jun 21 | 63 | 5 | 19 | 0 |
| 31 Mar 21 | 62 | 6 | 22 | 0 |
| 31 Dec 20 | 60 | 7 | 25 | 0 |
| 30 Sep 20 | 58 | 7 | 23 | 0 |
| 30 Jun 20 | 55 | 8 | 21 | 0 |
| 30 Jun 19 | 30 | 5 | 9 | 0 |
| 30 Jun 18 | 25 | 3 | 10 | 0 |
| 30 Jun 17 | 17 | 2 | 5 | 0 |
Quality Earnings: NOL has a large one-off loss of A$2.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: NOL's current net profit margins (2.5%) are lower than last year (4.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NOL's earnings have declined by 0.6% per year over the past 5 years.
Accelerating Growth: NOL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NOL had negative earnings growth (-70%) over the past year, making it difficult to compare to the Insurance industry average (71.7%).
Return on Equity
High ROE: NOL's Return on Equity (4.2%) is considered low.