Mission Ready Solutions Inc.

TSXV:MRS.H Stock Report

Market Cap: CA$7.5m

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 rate23.1%
Return on equityn/a
Net Margin-434.6%
Last Earnings Update31 Mar 2023

Recent past performance updates

Recent updates

We Think Mission Ready Solutions (CVE:MRS) Has A Fair Chunk Of Debt

Sep 22
We Think Mission Ready Solutions (CVE:MRS) Has A Fair Chunk Of Debt

Is Mission Ready Solutions (CVE:MRS) Using Too Much Debt?

May 07
Is Mission Ready Solutions (CVE:MRS) Using Too Much Debt?

We Think Mission Ready Solutions (CVE:MRS) Can Stay On Top Of Its Debt

Dec 27
We Think Mission Ready Solutions (CVE:MRS) Can Stay On Top Of Its Debt

Here's Why Mission Ready Solutions (CVE:MRS) Can Manage Its Debt Responsibly

Sep 06
Here's Why Mission Ready Solutions (CVE:MRS) Can Manage Its Debt Responsibly

We Think That There Are Issues Underlying Mission Ready Solutions' (CVE:MRS) Earnings

Jun 02
We Think That There Are Issues Underlying Mission Ready Solutions' (CVE:MRS) Earnings

Is Mission Ready Solutions (CVE:MRS) A Risky Investment?

May 20
Is Mission Ready Solutions (CVE:MRS) A Risky Investment?

Is Mission Ready Solutions (CVE:MRS) A Risky Investment?

Jan 08
Is Mission Ready Solutions (CVE:MRS) A Risky Investment?

Revenue & Expenses Breakdown

How Mission Ready Solutions makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:MRS.H Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 235-2450
31 Dec 226-2360
30 Sep 2211-670
30 Jun 2216-580
31 Mar 2226-780
31 Dec 2192-190
30 Sep 21127380
30 Jun 21142380
31 Mar 21157680
31 Dec 20105-190
30 Sep 2076-590
30 Jun 2061-890
31 Mar 2036-890
31 Dec 1921-770
30 Sep 198-760
30 Jun 194-440
31 Mar 192-440
31 Dec 183-550
30 Sep 182-550
30 Jun 182-880
31 Mar 184-790
31 Dec 173-690
30 Sep 175-5100
30 Jun 175-370
31 Mar 174-460
31 Dec 164-460
30 Sep 165-360
30 Jun 166-260
31 Mar 168-170
31 Dec 159-180
30 Sep 159-290
30 Jun 157-380
31 Mar 156-480
31 Dec 144-570
30 Sep 144-560
30 Jun 143-450
31 Mar 143-340
31 Dec 133-340
30 Sep 133-130
30 Jun 133-130
31 Mar 132-130
31 Dec 122-130

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.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.