Hortifrut Past Earnings Performance
Past criteria checks 0/6
Hortifrut's earnings have been declining at an average annual rate of -13.9%, while the Food industry saw earnings growing at 16.4% annually. Revenues have been growing at an average rate of 15% per year. Hortifrut's return on equity is 1.8%, and it has net margins of 1.1%.
Key information
-13.9%
Earnings growth rate
-20.0%
EPS growth rate
| Food Industry Growth | 8.1% |
| Revenue growth rate | 15.0% |
| Return on equity | 1.8% |
| Net Margin | 1.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Hortifrut 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 | 1,017 | 11 | 84 | 0 |
| 30 Sep 23 | 977 | -6 | 88 | 0 |
| 30 Jun 23 | 1,005 | 15 | 88 | 0 |
| 31 Mar 23 | 982 | 22 | 81 | 0 |
| 31 Dec 22 | 956 | 18 | 77 | 0 |
| 30 Sep 22 | 916 | 62 | 76 | 0 |
| 30 Jun 22 | 889 | 71 | 75 | 0 |
| 31 Mar 22 | 874 | 62 | 73 | 0 |
| 31 Dec 21 | 832 | 62 | 69 | 0 |
| 30 Sep 21 | 841 | 44 | 63 | 0 |
| 30 Jun 21 | 821 | 63 | 60 | 0 |
| 31 Mar 21 | 751 | 70 | 54 | 0 |
| 31 Dec 20 | 683 | 54 | 53 | 0 |
| 30 Sep 20 | 641 | 36 | 50 | 0 |
| 30 Jun 20 | 560 | 22 | 48 | 0 |
| 31 Mar 20 | 542 | 10 | 50 | 0 |
| 31 Dec 19 | 576 | 4 | 47 | 0 |
| 30 Sep 19 | 532 | 13 | 47 | 0 |
| 30 Jun 19 | 543 | 62 | 45 | 0 |
| 31 Mar 19 | 563 | 66 | 39 | 0 |
| 31 Dec 18 | 528 | 84 | 38 | 0 |
| 30 Sep 18 | 464 | 83 | 33 | 0 |
| 30 Jun 18 | 445 | 17 | 30 | 0 |
| 31 Mar 18 | 401 | 23 | 30 | 0 |
| 31 Dec 17 | 388 | 27 | 27 | 0 |
| 30 Sep 17 | 393 | 16 | 27 | 0 |
| 30 Jun 17 | 394 | 11 | 27 | 0 |
| 31 Mar 17 | 419 | 18 | 26 | 0 |
| 31 Dec 16 | 427 | 19 | 26 | 0 |
| 30 Sep 16 | 392 | 30 | 25 | 0 |
| 30 Jun 16 | 372 | 26 | 27 | 0 |
| 31 Mar 16 | 358 | 21 | 25 | 0 |
| 31 Dec 15 | 349 | 13 | 24 | 0 |
| 30 Sep 15 | 341 | 16 | 24 | 0 |
| 30 Jun 15 | 345 | 16 | 22 | 0 |
| 31 Mar 15 | 346 | 17 | 22 | 0 |
| 31 Dec 14 | 334 | 18 | 22 | 0 |
| 30 Sep 14 | 311 | 16 | 22 | 0 |
| 30 Jun 14 | 300 | 17 | 21 | 0 |
| 31 Mar 14 | 289 | 17 | 21 | 0 |
| 31 Dec 13 | 257 | 15 | 20 | 0 |
| 30 Sep 13 | 242 | 14 | 19 | 0 |
| 30 Jun 13 | 239 | 13 | 18 | 0 |
Quality Earnings: HF-B has a large one-off loss of $354.0K impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: HF-B's current net profit margins (1.1%) are lower than last year (1.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HF-B's earnings have declined by 13.9% per year over the past 5 years.
Accelerating Growth: HF-B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HF-B had negative earnings growth (-38.2%) over the past year, making it difficult to compare to the Food industry average (-21%).
Return on Equity
High ROE: HF-B's Return on Equity (1.8%) is considered low.