Spartan Delta Past Earnings Performance
Past criteria checks 3/6
Spartan Delta has been growing earnings at an average annual rate of 65.4%, while the Oil and Gas industry saw earnings growing at 40.5% annually. Revenues have been growing at an average rate of 59.6% per year. Spartan Delta's return on equity is 154.3%, and it has net margins of 111.9%.
Key information
65.4%
Earnings growth rate
59.0%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | 59.6% |
| Return on equity | 154.3% |
| Net Margin | 111.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Spartan Delta 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 | 593 | 663 | 71 | 0 |
| 30 Sep 23 | 837 | 705 | 51 | 0 |
| 30 Jun 23 | 1,081 | 982 | 52 | 0 |
| 31 Mar 23 | 1,307 | 706 | 46 | 0 |
| 31 Dec 22 | 1,315 | 681 | 45 | 0 |
| 30 Sep 22 | 1,260 | 657 | 38 | 0 |
| 30 Jun 22 | 1,077 | 498 | 35 | 0 |
| 31 Mar 22 | 784 | 336 | 31 | 0 |
| 31 Dec 21 | 552 | 334 | 28 | 0 |
| 30 Sep 21 | 327 | 218 | 23 | 0 |
| 30 Jun 21 | 230 | 84 | 20 | 0 |
| 31 Mar 21 | 153 | 112 | 15 | 0 |
| 31 Dec 20 | 91 | 48 | 12 | 0 |
| 30 Sep 20 | 49 | 35 | 7 | 0 |
| 30 Jun 20 | 13 | 42 | 3 | 0 |
| 31 Mar 20 | 2 | -6 | 2 | 0 |
| 31 Dec 19 | 2 | -2 | 1 | 0 |
| 30 Sep 19 | 2 | -3 | 1 | 0 |
| 30 Jun 19 | 2 | -3 | 1 | 0 |
| 31 Mar 19 | 2 | -3 | 1 | 0 |
| 31 Dec 18 | 2 | -3 | 2 | 0 |
| 30 Sep 18 | 2 | -3 | 2 | 0 |
| 30 Jun 18 | 2 | -3 | 2 | 0 |
| 31 Mar 18 | 2 | -3 | 1 | 0 |
| 31 Dec 17 | 2 | -2 | 1 | 0 |
| 30 Sep 17 | 2 | -2 | 1 | 0 |
| 30 Jun 17 | 2 | -1 | 1 | 0 |
| 31 Mar 17 | 1 | -1 | 1 | 0 |
| 31 Dec 16 | 1 | -1 | 0 | 0 |
| 30 Sep 16 | 0 | 0 | 0 | 0 |
| 30 Jun 16 | 0 | 0 | 0 | 0 |
| 31 Mar 16 | 0 | 0 | 0 | 0 |
| 31 Dec 15 | 0 | -1 | 0 | 0 |
| 30 Sep 15 | 0 | -6 | 1 | 0 |
| 30 Jun 15 | 0 | -6 | 1 | 0 |
| 31 Mar 15 | 0 | -6 | 1 | 0 |
| 31 Dec 14 | 0 | -6 | 1 | 0 |
| 30 Sep 14 | 0 | -2 | 1 | 0 |
| 30 Jun 14 | 1 | -2 | 1 | 0 |
| 31 Mar 14 | 2 | -2 | 1 | 0 |
| 31 Dec 13 | 2 | -2 | 1 | 0 |
| 30 Sep 13 | 2 | -1 | 1 | 0 |
| 30 Jun 13 | 2 | -1 | 1 | 0 |
Quality Earnings: SDE has a high level of non-cash earnings.
Growing Profit Margin: SDE's current net profit margins are higher than last year (51.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SDE has become profitable over the past 5 years, growing earnings by 65.4% per year.
Accelerating Growth: SDE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SDE had negative earnings growth (-2.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-37.9%).
Return on Equity
High ROE: SDE's Return on Equity (154.3%) is considered outstanding.