Mission Ready Solutions Past Earnings Performance
Past criteria checks 0/6
Mission Ready Solutions's earnings have been declining at an average annual rate of -15.3%, while the Aerospace & Defense industry saw earnings growing at 4.8% annually. Revenues have been growing at an average rate of 23.1% per year.
Key information
-15.3%
Earnings growth rate
0.7%
EPS growth rate
| Aerospace & Defense Industry Growth | -2.0% |
| Revenue growth rate | 23.1% |
| Return on equity | n/a |
| Net Margin | -434.6% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
Recent updates
We Think Mission Ready Solutions (CVE:MRS) Has A Fair Chunk Of Debt
Sep 22
Is Mission Ready Solutions (CVE:MRS) Using Too Much Debt?
May 07We Think Mission Ready Solutions (CVE:MRS) Can Stay On Top Of Its Debt
Dec 27Here's Why Mission Ready Solutions (CVE:MRS) Can Manage Its Debt Responsibly
Sep 06We Think That There Are Issues Underlying Mission Ready Solutions' (CVE:MRS) Earnings
Jun 02Is Mission Ready Solutions (CVE:MRS) A Risky Investment?
May 20Is Mission Ready Solutions (CVE:MRS) A Risky Investment?
Jan 08Revenue & Expenses BreakdownBeta
How Mission Ready Solutions 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 Mar 23 | 5 | -24 | 5 | 0 |
| 31 Dec 22 | 6 | -23 | 6 | 0 |
| 30 Sep 22 | 11 | -6 | 7 | 0 |
| 30 Jun 22 | 16 | -5 | 8 | 0 |
| 31 Mar 22 | 26 | -7 | 8 | 0 |
| 31 Dec 21 | 92 | -1 | 9 | 0 |
| 30 Sep 21 | 127 | 3 | 8 | 0 |
| 30 Jun 21 | 142 | 3 | 8 | 0 |
| 31 Mar 21 | 157 | 6 | 8 | 0 |
| 31 Dec 20 | 105 | -1 | 9 | 0 |
| 30 Sep 20 | 76 | -5 | 9 | 0 |
| 30 Jun 20 | 61 | -8 | 9 | 0 |
| 31 Mar 20 | 36 | -8 | 9 | 0 |
| 31 Dec 19 | 21 | -7 | 7 | 0 |
| 30 Sep 19 | 8 | -7 | 6 | 0 |
| 30 Jun 19 | 4 | -4 | 4 | 0 |
| 31 Mar 19 | 2 | -4 | 4 | 0 |
| 31 Dec 18 | 3 | -5 | 5 | 0 |
| 30 Sep 18 | 2 | -5 | 5 | 0 |
| 30 Jun 18 | 2 | -8 | 8 | 0 |
| 31 Mar 18 | 4 | -7 | 9 | 0 |
| 31 Dec 17 | 3 | -6 | 9 | 0 |
| 30 Sep 17 | 5 | -5 | 10 | 0 |
| 30 Jun 17 | 5 | -3 | 7 | 0 |
| 31 Mar 17 | 4 | -4 | 6 | 0 |
| 31 Dec 16 | 4 | -4 | 6 | 0 |
| 30 Sep 16 | 5 | -3 | 6 | 0 |
| 30 Jun 16 | 6 | -2 | 6 | 0 |
| 31 Mar 16 | 8 | -1 | 7 | 0 |
| 31 Dec 15 | 9 | -1 | 8 | 0 |
| 30 Sep 15 | 9 | -2 | 9 | 0 |
| 30 Jun 15 | 7 | -3 | 8 | 0 |
| 31 Mar 15 | 6 | -4 | 8 | 0 |
| 31 Dec 14 | 4 | -5 | 7 | 0 |
| 30 Sep 14 | 4 | -5 | 6 | 0 |
| 30 Jun 14 | 3 | -4 | 5 | 0 |
| 31 Mar 14 | 3 | -3 | 4 | 0 |
| 31 Dec 13 | 3 | -3 | 4 | 0 |
| 30 Sep 13 | 3 | -1 | 3 | 0 |
| 30 Jun 13 | 3 | -1 | 3 | 0 |
| 31 Mar 13 | 2 | -1 | 3 | 0 |
| 31 Dec 12 | 2 | -1 | 3 | 0 |
Quality Earnings: MRS.H is currently unprofitable.
Growing Profit Margin: MRS.H is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MRS.H is unprofitable, and losses have increased over the past 5 years at a rate of 15.3% per year.
Accelerating Growth: Unable to compare MRS.H's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MRS.H is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (11.4%).
Return on Equity
High ROE: MRS.H's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.