MIDAS Financing Past Earnings Performance
Past criteria checks 0/6
MIDAS Financing's earnings have been declining at an average annual rate of -6.4%, while the Diversified Financial industry saw earnings growing at 16% annually. Revenues have been growing at an average rate of 8% per year.
Key information
-6.4%
Earnings growth rate
-6.3%
EPS growth rate
| Diversified Financial Industry Growth | 3.2% |
| Revenue growth rate | 8.0% |
| Return on equity | -18.7% |
| Net Margin | -103.6% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How MIDAS Financing 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 Sep 23 | 202 | -209 | 188 | 0 |
| 30 Jun 23 | 176 | -185 | 189 | 0 |
| 31 Mar 23 | 191 | -81 | 181 | 0 |
| 31 Dec 22 | 280 | 9 | 176 | 0 |
| 30 Sep 22 | 364 | 192 | 170 | 0 |
| 30 Jun 22 | 498 | 228 | 167 | 0 |
| 31 Mar 22 | 458 | 437 | 156 | 0 |
| 31 Dec 21 | 541 | 84 | 153 | 0 |
| 30 Sep 21 | 272 | -367 | 156 | 0 |
| 30 Jun 21 | 157 | -254 | 152 | 0 |
| 31 Mar 21 | 193 | -426 | 151 | 0 |
| 31 Dec 20 | 213 | 115 | 149 | 0 |
| 30 Sep 20 | 185 | 290 | 141 | 0 |
| 30 Jun 20 | 224 | 196 | 142 | 0 |
| 31 Mar 20 | 218 | 67 | 145 | 0 |
| 31 Dec 19 | 230 | 92 | 147 | 0 |
| 30 Sep 19 | 159 | -176 | 146 | 0 |
| 30 Jun 19 | 183 | -120 | 147 | 0 |
| 31 Mar 19 | 183 | 1 | 148 | 0 |
| 31 Dec 18 | 229 | 12 | 146 | 0 |
| 30 Sep 18 | 292 | 88 | 134 | 0 |
| 30 Jun 18 | 331 | 119 | 135 | 0 |
| 31 Mar 18 | 394 | 191 | 136 | 0 |
| 31 Dec 17 | 392 | 218 | 138 | 0 |
| 30 Sep 17 | 316 | 160 | 149 | 0 |
| 30 Jun 17 | 300 | 160 | 143 | 0 |
| 31 Mar 17 | 314 | 217 | 144 | 0 |
| 31 Dec 16 | 288 | 178 | 143 | 0 |
| 31 Mar 16 | 256 | 241 | 131 | 0 |
| 31 Dec 15 | 230 | 233 | 125 | 0 |
| 30 Sep 15 | 246 | 163 | 118 | 0 |
| 30 Jun 15 | 185 | 43 | 118 | 0 |
| 31 Mar 15 | 116 | -175 | 111 | 0 |
| 31 Dec 14 | 35 | -339 | 109 | 0 |
| 30 Sep 14 | -34 | -439 | 111 | 0 |
| 30 Jun 14 | -5 | -371 | 102 | 0 |
| 31 Mar 14 | 48 | -78 | 109 | 0 |
| 31 Dec 13 | 70 | -36 | 106 | 0 |
| 30 Sep 13 | 80 | 43 | 105 | 0 |
| 30 Jun 13 | 69 | 9 | 107 | 0 |
Quality Earnings: MIDASFIN is currently unprofitable.
Growing Profit Margin: MIDASFIN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIDASFIN is unprofitable, and losses have increased over the past 5 years at a rate of 6.4% per year.
Accelerating Growth: Unable to compare MIDASFIN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MIDASFIN is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (12.9%).
Return on Equity
High ROE: MIDASFIN has a negative Return on Equity (-18.67%), as it is currently unprofitable.