Gear Energy Past Earnings Performance
Past criteria checks 2/6
Gear Energy has been growing earnings at an average annual rate of 39.7%, while the Oil and Gas industry saw earnings growing at 39.4% annually. Revenues have been growing at an average rate of 10.8% per year. Gear Energy's return on equity is 3.9%, and it has net margins of 7%.
Key information
39.7%
Earnings growth rate
39.2%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | 10.8% |
| Return on equity | 3.9% |
| Net Margin | 7.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Gear Energy (TSE:GXE) Has Announced A Dividend Of CA$0.005
May 10
Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005
Apr 05Gear Energy (TSE:GXE) Has Announced A Dividend Of CA$0.005
Mar 08Gear Energy (TSE:GXE) Will Pay A Dividend Of CA$0.005
Jan 05Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005
Dec 13Gear Energy (TSE:GXE) Is Due To Pay A Dividend Of CA$0.005
Nov 12Gear Energy (TSE:GXE) Has Announced A Dividend Of CA$0.005
Oct 07Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005
Sep 08Should You Be Adding Gear Energy (TSE:GXE) To Your Watchlist Today?
Dec 20Do Gear Energy's (TSE:GXE) Earnings Warrant Your Attention?
Jun 17Revenue & Expenses Breakdown
How Gear Energy 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 24 | 131 | 9 | 17 | 0 |
| 31 Dec 23 | 130 | 9 | 17 | 0 |
| 30 Sep 23 | 132 | 43 | 17 | 0 |
| 30 Jun 23 | 134 | 53 | 17 | 0 |
| 31 Mar 23 | 151 | 71 | 16 | 0 |
| 31 Dec 22 | 162 | 75 | 16 | 0 |
| 30 Sep 22 | 164 | 125 | 15 | 0 |
| 30 Jun 22 | 157 | 114 | 14 | 0 |
| 31 Mar 22 | 134 | 90 | 13 | 0 |
| 31 Dec 21 | 115 | 80 | 11 | 0 |
| 30 Sep 21 | 97 | 42 | 9 | 0 |
| 30 Jun 21 | 85 | 34 | 10 | 0 |
| 31 Mar 21 | 63 | 29 | 9 | 0 |
| 31 Dec 20 | 58 | -77 | 10 | 0 |
| 30 Sep 20 | 68 | -125 | 11 | 0 |
| 30 Jun 20 | 77 | -120 | 13 | 0 |
| 31 Mar 20 | 105 | -109 | 13 | 0 |
| 31 Dec 19 | 117 | -6 | 12 | 0 |
| 30 Sep 19 | 106 | 13 | 10 | 0 |
| 30 Jun 19 | 106 | 10 | 6 | 0 |
| 31 Mar 19 | 104 | 3 | 6 | 0 |
| 31 Dec 18 | 96 | 5 | 6 | 0 |
| 30 Sep 18 | 109 | 1 | 7 | 0 |
| 30 Jun 18 | 101 | -2 | 7 | 0 |
| 31 Mar 18 | 94 | 3 | 7 | 0 |
| 31 Dec 17 | 92 | 10 | 7 | 0 |
| 30 Sep 17 | 85 | -9 | 7 | 0 |
| 30 Jun 17 | 80 | -9 | 7 | 0 |
| 31 Mar 17 | 71 | -19 | 7 | 0 |
| 31 Dec 16 | 58 | -24 | 7 | 0 |
| 30 Sep 16 | 50 | -38 | 6 | 0 |
| 30 Jun 16 | 51 | -99 | 7 | 0 |
| 31 Mar 16 | 59 | -94 | 8 | 0 |
| 31 Dec 15 | 69 | -97 | 8 | 0 |
| 30 Sep 15 | 89 | -100 | 8 | 0 |
| 30 Jun 15 | 111 | -28 | 9 | 0 |
| 31 Mar 15 | 127 | -19 | 9 | 0 |
| 31 Dec 14 | 134 | -13 | 9 | 0 |
| 30 Sep 14 | 121 | 16 | 9 | 0 |
| 30 Jun 14 | 105 | 10 | 9 | 0 |
| 31 Mar 14 | 85 | 4 | 8 | 0 |
| 31 Dec 13 | 75 | -1 | 8 | 0 |
| 30 Sep 13 | 73 | 1 | 8 | 0 |
| 30 Jun 13 | 64 | -3 | 8 | 0 |
Quality Earnings: GXE has high quality earnings.
Growing Profit Margin: GXE's current net profit margins (7%) are lower than last year (46.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GXE has become profitable over the past 5 years, growing earnings by 39.7% per year.
Accelerating Growth: GXE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GXE had negative earnings growth (-87%) over the past year, making it difficult to compare to the Oil and Gas industry average (-43.6%).
Return on Equity
High ROE: GXE's Return on Equity (3.9%) is considered low.