Westbridge Renewable Energy Past Earnings Performance
Past criteria checks 3/6
Westbridge Renewable Energy has been growing earnings at an average annual rate of 97.9%, while the Renewable Energy industry saw earnings growing at 40.2% annually.
Key information
97.9%
Earnings growth rate
131.7%
EPS growth rate
| Renewable Energy Industry Growth | 16.2% |
| Revenue growth rate | n/a |
| Return on equity | 113.2% |
| Net Margin | n/a |
| Last Earnings Update | 31 Aug 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Westbridge Renewable 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 Aug 24 | 0 | 34 | 10 | 0 |
| 31 May 24 | 0 | 32 | 10 | 0 |
| 29 Feb 24 | 0 | 31 | 11 | 0 |
| 30 Nov 23 | 0 | -3 | 3 | 0 |
| 31 Aug 23 | 0 | -4 | 3 | 0 |
| 31 May 23 | 0 | -3 | 2 | 0 |
| 28 Feb 23 | 0 | -2 | 2 | 0 |
| 30 Nov 22 | 0 | -2 | 2 | 0 |
| 31 Aug 22 | 0 | -3 | 3 | 0 |
| 31 May 22 | 0 | -5 | 2 | 0 |
| 28 Feb 22 | 0 | -4 | 2 | 0 |
| 30 Nov 21 | 0 | -4 | 1 | 0 |
Quality Earnings: WEB has a high level of non-cash earnings.
Growing Profit Margin: WEB became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WEB's earnings have grown significantly by 97.9% per year over the past 5 years.
Accelerating Growth: WEB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WEB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (0.6%).
Return on Equity
High ROE: WEB's Return on Equity (113.2%) is considered outstanding.