Highwood Asset Management Past Earnings Performance
Past criteria checks 5/6
Highwood Asset Management has been growing earnings at an average annual rate of 54.9%, while the Oil and Gas industry saw earnings growing at 40.3% annually. Revenues have been declining at an average rate of 22.5% per year. Highwood Asset Management's return on equity is 44.3%, and it has net margins of 130.7%.
Key information
54.9%
Earnings growth rate
49.4%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | -22.5% |
| Return on equity | 44.3% |
| Net Margin | 130.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Highwood Asset Management 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 | 35 | 46 | 6 | 0 |
| 30 Sep 23 | 18 | -2 | 4 | 0 |
| 30 Jun 23 | 7 | 0 | 3 | 0 |
| 31 Mar 23 | 7 | 2 | 3 | 0 |
| 31 Dec 22 | 7 | 2 | 3 | 0 |
| 30 Sep 22 | 6 | 1 | 3 | 0 |
| 30 Jun 22 | 6 | 1 | 3 | 0 |
| 31 Mar 22 | 6 | -1 | 3 | 0 |
| 31 Dec 21 | 10 | -2 | 4 | 0 |
| 30 Sep 21 | 16 | 17 | 6 | 0 |
| 30 Jun 21 | 21 | -3 | 7 | 0 |
| 31 Mar 21 | 22 | -6 | 8 | 0 |
| 31 Dec 20 | 24 | -9 | 8 | 0 |
| 30 Sep 20 | 25 | -34 | 7 | 0 |
| 30 Jun 20 | 28 | -16 | 7 | 0 |
| 31 Mar 20 | 36 | -12 | 7 | 0 |
| 31 Dec 19 | 37 | -11 | 7 | 0 |
| 30 Sep 19 | 33 | -3 | 6 | 0 |
| 30 Jun 19 | 30 | -3 | 5 | 0 |
| 31 Mar 19 | 28 | -3 | 4 | 0 |
| 31 Dec 18 | 27 | -2 | 3 | 0 |
| 30 Sep 18 | 28 | -4 | 3 | 0 |
| 31 Dec 17 | 26 | 1 | 3 | 0 |
| 31 Dec 16 | 21 | -3 | 2 | 0 |
Quality Earnings: HAM has a high level of non-cash earnings.
Growing Profit Margin: HAM's current net profit margins are higher than last year (33.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HAM has become profitable over the past 5 years, growing earnings by 54.9% per year.
Accelerating Growth: HAM's earnings growth over the past year (1954.5%) exceeds its 5-year average (54.9% per year).
Earnings vs Industry: HAM earnings growth over the past year (1954.5%) exceeded the Oil and Gas industry -37.9%.
Return on Equity
High ROE: HAM's Return on Equity (44.3%) is considered outstanding.