Fundo de Investimento Imobiliário Rio Bravo Renda Corporativa Past Earnings Performance
Past criteria checks 2/6
Fundo de Investimento Imobiliário Rio Bravo Renda Corporativa has been growing earnings at an average annual rate of 108.7%, while the Office REITs industry saw earnings growing at 2.3% annually. Revenues have been declining at an average rate of 19.1% per year. Fundo de Investimento Imobiliário Rio Bravo Renda Corporativa's return on equity is 8.9%, and it has net margins of 102.5%.
Key information
108.7%
Earnings growth rate
108.7%
EPS growth rate
| Office REITs Industry Growth | 0.06% |
| Revenue growth rate | -19.1% |
| Return on equity | 8.9% |
| Net Margin | 102.5% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Fundo de Investimento Imobiliário Rio Bravo Renda Corporativa 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 22 | 67 | 68 | 1 | 0 |
| 31 Dec 21 | 83 | 33 | 2 | 0 |
| 31 Dec 20 | 56 | 54 | 2 | 0 |
| 31 Dec 19 | 23 | 100 | 1 | 0 |
| 31 Dec 18 | 106 | 8 | 0 | 0 |
| 31 Dec 17 | 39 | 24 | 1 | 0 |
| 31 Dec 16 | 22 | 15 | 1 | 0 |
| 31 Dec 15 | 24 | 8 | 0 | 0 |
| 31 Dec 14 | 24 | 21 | 1 | 0 |
| 31 Dec 13 | 21 | 28 | 0 | 0 |
Quality Earnings: RCRB11 has a large one-off gain of R$32.6M impacting its last 12 months of financial results to 31st December, 2022.
Growing Profit Margin: RCRB11's current net profit margins are higher than last year (39.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if RCRB11's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare RCRB11's past year earnings growth to its 5-year average.
Earnings vs Industry: RCRB11 earnings growth over the past year (108.7%) exceeded the Office REITs industry -10.6%.
Return on Equity
High ROE: RCRB11's Return on Equity (8.9%) is considered low.