Standard Mercantile Acquisition Past Earnings Performance
Past criteria checks 1/6
Standard Mercantile Acquisition has been growing earnings at an average annual rate of 10.6%, while the Capital Markets industry saw earnings growing at 12.1% annually. Revenues have been declining at an average rate of 13.3% per year. Standard Mercantile Acquisition's return on equity is 17.2%, and it has net margins of 64.2%.
Key information
10.6%
Earnings growth rate
10.6%
EPS growth rate
| Capital Markets Industry Growth | 12.1% |
| Revenue growth rate | -13.3% |
| Return on equity | 17.2% |
| Net Margin | 64.2% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Revenue & Expenses BreakdownBeta
How Standard Mercantile Acquisition 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 | 1 | 0 | 0 | 0 |
| 30 Jun 23 | 1 | 1 | 0 | 0 |
| 31 Mar 23 | 1 | 1 | 1 | 0 |
| 31 Dec 22 | 1 | 0 | 1 | 0 |
| 30 Sep 22 | 1 | 1 | 0 | 0 |
| 30 Jun 22 | 1 | 1 | 1 | 0 |
| 31 Mar 22 | 1 | 1 | 1 | 0 |
| 31 Dec 21 | 1 | 1 | 1 | 0 |
| 30 Sep 21 | 1 | 5 | 1 | 0 |
| 30 Jun 21 | 1 | 5 | 0 | 0 |
| 31 Mar 21 | 1 | 5 | 0 | 0 |
| 31 Dec 20 | 1 | 4 | 0 | 0 |
| 30 Sep 20 | 1 | -2 | 0 | 0 |
| 30 Jun 20 | 1 | -2 | 0 | 0 |
| 31 Mar 20 | 1 | -2 | 0 | 0 |
| 31 Dec 19 | 1 | 0 | 0 | 0 |
| 30 Sep 19 | 1 | 1 | 0 | 0 |
| 30 Jun 19 | 1 | 1 | 0 | 0 |
| 31 Mar 19 | 1 | 1 | 1 | 0 |
| 31 Dec 18 | 1 | 1 | 1 | 0 |
| 30 Sep 18 | 1 | 0 | 0 | 0 |
| 30 Jun 18 | 1 | 0 | 1 | 0 |
| 31 Mar 18 | 2 | 0 | 1 | 0 |
| 31 Dec 17 | 2 | 0 | 1 | 0 |
| 30 Sep 17 | 2 | 1 | 1 | 0 |
| 30 Jun 17 | 3 | 2 | 1 | 0 |
| 31 Mar 17 | 3 | 1 | 3 | 0 |
| 31 Dec 16 | 4 | 1 | 3 | 0 |
| 30 Sep 16 | 5 | 1 | 3 | 0 |
| 30 Jun 16 | 5 | 1 | 3 | 0 |
| 31 Mar 16 | 6 | 3 | 1 | 0 |
| 31 Dec 15 | 6 | 4 | 1 | 0 |
| 30 Sep 15 | 6 | 5 | 1 | 0 |
| 30 Jun 15 | 6 | 4 | 1 | 0 |
| 31 Mar 15 | 6 | 5 | 1 | 0 |
| 31 Dec 14 | 6 | 5 | 1 | 0 |
| 30 Sep 14 | 6 | 8 | 1 | 0 |
| 30 Jun 14 | 5 | 7 | 1 | 0 |
| 31 Mar 14 | 4 | 5 | 2 | 0 |
| 31 Dec 13 | 2 | 3 | 2 | 0 |
| 31 Dec 12 | -31 | -31 | 1 | 0 |
Quality Earnings: SMA has a large one-off gain of CA$230.1K impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: SMA's current net profit margins (64.2%) are lower than last year (80.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SMA's earnings have grown by 10.6% per year over the past 5 years.
Accelerating Growth: SMA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SMA had negative earnings growth (-35.6%) over the past year, making it difficult to compare to the Capital Markets industry average (-7.1%).
Return on Equity
High ROE: SMA's Return on Equity (17.2%) is considered low.