Mérito Desenvolvimento Imobiliário I FII - Fundo de Investimento Imobiliário Past Earnings Performance
Past criteria checks 2/6
Mérito Desenvolvimento Imobiliário I FII - Fundo de Investimento Imobiliário has been growing earnings at an average annual rate of 102%, while the REITs industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 80.7% per year. Mérito Desenvolvimento Imobiliário I FII - Fundo de Investimento Imobiliário's return on equity is 19.4%, and it has net margins of 92.7%.
Key information
102.0%
Earnings growth rate
n/a
EPS growth rate
| REITs Industry Growth | 3.1% |
| Revenue growth rate | 80.7% |
| Return on equity | 19.4% |
| Net Margin | 92.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Mérito Desenvolvimento Imobiliário I FII - Fundo de Investimento Imobiliário 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 | 106 | 99 | 8 | 0 |
| 31 Dec 22 | 59 | 49 | 9 | 0 |
| 31 Dec 21 | 10 | -7 | 17 | 0 |
Quality Earnings: MFII11 has a high level of non-cash earnings.
Growing Profit Margin: MFII11's current net profit margins (92.7%) are higher than last year (83%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MFII11's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare MFII11's past year earnings growth to its 5-year average.
Earnings vs Industry: MFII11 earnings growth over the past year (102%) exceeded the REITs industry 14.2%.
Return on Equity
High ROE: MFII11's Return on Equity (19.4%) is considered low.