AKITA Drilling Past Earnings Performance
Past criteria checks 2/6
AKITA Drilling has been growing earnings at an average annual rate of 49.9%, while the Energy Services industry saw earnings growing at 54% annually. Revenues have been growing at an average rate of 8.8% per year. AKITA Drilling's return on equity is 3.1%, and it has net margins of 2.6%.
Key information
49.9%
Earnings growth rate
50.0%
EPS growth rate
Energy Services Industry Growth | 32.2% |
Revenue growth rate | 8.8% |
Return on equity | 3.1% |
Net Margin | 2.6% |
Next Earnings Update | 31 Oct 2024 |
Recent past performance updates
Recent updates
Take Care Before Diving Into The Deep End On AKITA Drilling Ltd. (TSE:AKT.A)
Sep 24AKITA Drilling Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 09We Think That There Are Issues Underlying AKITA Drilling's (TSE:AKT.A) Earnings
Mar 31Here's Why AKITA Drilling (TSE:AKT.A) Has A Meaningful Debt Burden
Mar 05Market Cool On AKITA Drilling Ltd.'s (TSE:AKT.A) Revenues
Jan 25The Return Trends At AKITA Drilling (TSE:AKT.A) Look Promising
Nov 08Does AKITA Drilling (TSE:AKT.A) Have A Healthy Balance Sheet?
Jul 12We Think That There Are Issues Underlying AKITA Drilling's (TSE:AKT.A) Earnings
Mar 27Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?
Sep 23AKITA Drilling (TSE:AKT.A) Has Debt But No Earnings; Should You Worry?
Jun 15Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?
Nov 04Is AKITA Drilling (TSE:AKT.A) Weighed On By Its Debt Load?
Jul 22Does AKITA Drilling (TSE:AKT.A) Have A Healthy Balance Sheet?
Apr 08Is AKITA Drilling (TSE:AKT.A) Using Debt In A Risky Way?
Dec 24Revenue & Expenses Breakdown
How AKITA Drilling 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 Jun 24 | 187 | 5 | 15 | 0 |
31 Mar 24 | 207 | 12 | 16 | 0 |
31 Dec 23 | 225 | 18 | 16 | 0 |
30 Sep 23 | 238 | 28 | 16 | 0 |
30 Jun 23 | 236 | 27 | 16 | 0 |
31 Mar 23 | 221 | 17 | 15 | 0 |
31 Dec 22 | 201 | 4 | 15 | 0 |
30 Sep 22 | 176 | -9 | 13 | 0 |
30 Jun 22 | 152 | -18 | 14 | 0 |
31 Mar 22 | 128 | -20 | 13 | 0 |
31 Dec 21 | 110 | -21 | 13 | 0 |
30 Sep 21 | 97 | -44 | 14 | 0 |
30 Jun 21 | 86 | -46 | 13 | 0 |
31 Mar 21 | 93 | -45 | 12 | 0 |
31 Dec 20 | 120 | -93 | 10 | 0 |
30 Sep 20 | 141 | -74 | 13 | 0 |
30 Jun 20 | 164 | -71 | 14 | 0 |
31 Mar 20 | 177 | -71 | 16 | 0 |
31 Dec 19 | 176 | -20 | 20 | 0 |
30 Sep 19 | 186 | -18 | 20 | 0 |
30 Jun 19 | 165 | -18 | 22 | 0 |
31 Mar 19 | 144 | -15 | 22 | 0 |
31 Dec 18 | 118 | -16 | 20 | 0 |
30 Sep 18 | 86 | -36 | 19 | 0 |
30 Jun 18 | 78 | -35 | 15 | 0 |
31 Mar 18 | 79 | -36 | 14 | 0 |
31 Dec 17 | 71 | -39 | 14 | 0 |
30 Sep 17 | 61 | -17 | 13 | 0 |
30 Jun 17 | 53 | -18 | 13 | 0 |
31 Mar 17 | 38 | -18 | 13 | 0 |
31 Dec 16 | 61 | 5 | 13 | 0 |
30 Sep 16 | 73 | -20 | 13 | 0 |
30 Jun 16 | 89 | -22 | 14 | 0 |
31 Mar 16 | 108 | -20 | 14 | 0 |
31 Dec 15 | 112 | -34 | 15 | 0 |
30 Sep 15 | 137 | 0 | 16 | 0 |
30 Jun 15 | 152 | 11 | 17 | 0 |
31 Mar 15 | 158 | 15 | 18 | 0 |
31 Dec 14 | 165 | 21 | 18 | 0 |
30 Sep 14 | 165 | 24 | 19 | 0 |
30 Jun 14 | 162 | 23 | 19 | 0 |
31 Mar 14 | 162 | 24 | 19 | 0 |
31 Dec 13 | 168 | 27 | 19 | 0 |
30 Sep 13 | 177 | 27 | 18 | 0 |
Quality Earnings: AKT.A has high quality earnings.
Growing Profit Margin: AKT.A's current net profit margins (2.6%) are lower than last year (11.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AKT.A has become profitable over the past 5 years, growing earnings by 49.9% per year.
Accelerating Growth: AKT.A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AKT.A had negative earnings growth (-82.1%) over the past year, making it difficult to compare to the Energy Services industry average (-6.7%).
Return on Equity
High ROE: AKT.A's Return on Equity (3.1%) is considered low.