HomeCo Daily Needs REIT Past Earnings Performance
Past criteria checks 0/6
HomeCo Daily Needs REIT's earnings have been declining at an average annual rate of -40.9%, while the Retail REITs industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 33% per year. HomeCo Daily Needs REIT's return on equity is 2.7%, and it has net margins of 24.9%.
Key information
-40.9%
Earnings growth rate
-62.6%
EPS growth rate
| Retail REITs Industry Growth | 18.8% |
| Revenue growth rate | 33.0% |
| Return on equity | 2.7% |
| Net Margin | 24.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How HomeCo Daily Needs REIT 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 | 330 | 82 | 4 | 0 |
| 31 Mar 24 | 353 | 39 | 4 | 0 |
| 31 Dec 23 | 373 | -4 | 4 | 0 |
| 30 Sep 23 | 367 | 49 | 4 | 0 |
| 30 Jun 23 | 365 | 102 | 3 | 0 |
| 31 Mar 23 | 337 | 206 | 3 | 0 |
| 31 Dec 22 | 309 | 310 | 3 | 0 |
| 30 Sep 22 | 254 | 323 | 3 | 0 |
| 30 Jun 22 | 199 | 335 | 3 | 0 |
| 30 Jun 21 | 60 | 42 | 2 | 0 |
Quality Earnings: HDN has a large one-off loss of A$58.5M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: HDN's current net profit margins (24.9%) are lower than last year (28%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if HDN's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: HDN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HDN had negative earnings growth (-19.8%) over the past year, making it difficult to compare to the Retail REITs industry average (-5%).
Return on Equity
High ROE: HDN's Return on Equity (2.7%) is considered low.