Cathedral Energy Services Past Earnings Performance
Past criteria checks 1/6
Cathedral Energy Services has been growing earnings at an average annual rate of 56%, while the Energy Services industry saw earnings growing at 41.3% annually. Revenues have been growing at an average rate of 38.2% per year. Cathedral Energy Services's return on equity is 5.9%, and it has net margins of 1.9%.
Key information
56.0%
Earnings growth rate
51.1%
EPS growth rate
| Energy Services Industry Growth | 32.2% |
| Revenue growth rate | 38.2% |
| Return on equity | 5.9% |
| Net Margin | 1.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Some May Be Optimistic About Cathedral Energy Services' (TSE:CET) Earnings
Apr 04
Does Cathedral Energy Services (TSE:CET) Have A Healthy Balance Sheet?
Mar 04Cathedral Energy Services' (TSE:CET) Earnings Aren't As Good As They Appear
Nov 22Health Check: How Prudently Does Cathedral Energy Services (TSE:CET) Use Debt?
Nov 13Cathedral Energy Services (TSE:CET) Is Carrying A Fair Bit Of Debt
Dec 16Revenue & Expenses BreakdownBeta
How Cathedral Energy Services 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 23 | 545 | 11 | 57 | 2 |
| 30 Sep 23 | 518 | 19 | 53 | 2 |
| 30 Jun 23 | 488 | 22 | 49 | 2 |
| 31 Mar 23 | 392 | 17 | 40 | 2 |
| 31 Dec 22 | 319 | 18 | 29 | 1 |
| 30 Sep 22 | 204 | 7 | 19 | 1 |
| 30 Jun 22 | 109 | -1 | 11 | 1 |
| 31 Mar 22 | 86 | -4 | 10 | 1 |
| 31 Dec 21 | 63 | -9 | 8 | 1 |
| 30 Sep 21 | 46 | -14 | 7 | 1 |
| 30 Jun 21 | 31 | -19 | 8 | 1 |
| 31 Mar 21 | 33 | -17 | 7 | 1 |
| 31 Dec 20 | 41 | -28 | 8 | 1 |
| 30 Sep 20 | 52 | -27 | 10 | 1 |
| 30 Jun 20 | 79 | -27 | 11 | 2 |
| 31 Mar 20 | 102 | -28 | 12 | 2 |
| 31 Dec 19 | 120 | -19 | 13 | 2 |
| 30 Sep 19 | 144 | -31 | 14 | 2 |
| 30 Jun 19 | 155 | -24 | 14 | 2 |
| 31 Mar 19 | 158 | -21 | 15 | 3 |
| 31 Dec 18 | 161 | -17 | 15 | 2 |
| 30 Sep 18 | 156 | -4 | 13 | 2 |
| 30 Jun 18 | 150 | -5 | 14 | 2 |
| 31 Mar 18 | 149 | -2 | 14 | 2 |
| 31 Dec 17 | 147 | 0 | 13 | 2 |
| 30 Sep 17 | 137 | 4 | 15 | 2 |
| 30 Jun 17 | 120 | 0 | 14 | 1 |
| 31 Mar 17 | 100 | -6 | 14 | 0 |
| 31 Dec 16 | 81 | 3 | 15 | 0 |
| 30 Sep 16 | 48 | 0 | 14 | 0 |
| 30 Jun 16 | 60 | -8 | 15 | 0 |
| 31 Mar 16 | 75 | -17 | 16 | 0 |
| 31 Dec 15 | 106 | -29 | 17 | 0 |
| 30 Sep 15 | 184 | -23 | 21 | 0 |
| 30 Jun 15 | 230 | -8 | 23 | 0 |
| 31 Mar 15 | 257 | 7 | 24 | 0 |
| 31 Dec 14 | 275 | 10 | 25 | 0 |
| 30 Sep 14 | 267 | -3 | 23 | 0 |
| 30 Jun 14 | 250 | -1 | 23 | 0 |
| 31 Mar 14 | 239 | -1 | 22 | 0 |
| 31 Dec 13 | 225 | -2 | 22 | 0 |
| 30 Sep 13 | 204 | 11 | 23 | 0 |
| 30 Jun 13 | 194 | 7 | 22 | 0 |
Quality Earnings: CET has a large one-off loss of CA$11.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CET's current net profit margins (1.9%) are lower than last year (5.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CET has become profitable over the past 5 years, growing earnings by 56% per year.
Accelerating Growth: CET's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CET had negative earnings growth (-42.1%) over the past year, making it difficult to compare to the Energy Services industry average (7.7%).
Return on Equity
High ROE: CET's Return on Equity (5.9%) is considered low.