Abacus Storage King Past Earnings Performance
Past criteria checks 4/6
Abacus Storage King has been growing earnings at an average annual rate of 38.5%, while the Specialized REITs industry saw earnings growing at 14.8% annually. Revenues have been growing at an average rate of 18% per year. Abacus Storage King's return on equity is 6.5%, and it has net margins of 62.7%.
Key information
38.5%
Earnings growth rate
22.3%
EPS growth rate
| Specialized REITs Industry Growth | 34.0% |
| Revenue growth rate | 18.0% |
| Return on equity | 6.5% |
| Net Margin | 62.7% |
| Next Earnings Update | 14 Feb 2025 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Abacus Storage King 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 | 220 | 138 | 66 | 0 |
| 31 Mar 24 | 216 | 75 | 62 | 0 |
| 31 Dec 23 | 212 | 12 | 58 | 0 |
| 30 Sep 23 | 205 | 16 | 52 | 0 |
| 30 Jun 23 | 198 | 21 | 46 | 0 |
| 31 Mar 23 | 191 | 25 | 43 | 0 |
| 31 Dec 22 | 185 | 29 | 41 | 0 |
| 30 Sep 22 | 176 | 36 | 39 | 0 |
| 30 Jun 22 | 168 | 42 | 37 | 0 |
| 30 Jun 21 | 113 | 29 | 21 | 0 |
| 30 Jun 20 | 82 | 12 | 1 | 0 |
Quality Earnings: ASK has a large one-off gain of A$62.4M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: ASK's current net profit margins (62.7%) are higher than last year (10.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ASK's earnings have grown significantly by 38.5% per year over the past 5 years.
Accelerating Growth: ASK's earnings growth over the past year (568.2%) exceeds its 5-year average (38.5% per year).
Earnings vs Industry: ASK earnings growth over the past year (568.2%) exceeded the Specialized REITs industry 4.1%.
Return on Equity
High ROE: ASK's Return on Equity (6.5%) is considered low.