Ermes Department Stores Past Earnings Performance
Past criteria checks 3/6
Ermes Department Stores has been growing earnings at an average annual rate of 53.3%, while the Multiline Retail industry saw earnings growing at 4.3% annually. Revenues have been declining at an average rate of 45.2% per year. Ermes Department Stores's return on equity is 39.3%, and it has net margins of 18.3%.
Key information
53.3%
Earnings growth rate
48.3%
EPS growth rate
| Multiline Retail Industry Growth | 6.5% |
| Revenue growth rate | -45.2% |
| Return on equity | 39.3% |
| Net Margin | 18.3% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ermes Department Stores 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 |
|---|---|---|---|---|
| 30 Jun 23 | 9 | 2 | 2 | 0 |
| 31 Mar 23 | 7 | 0 | 2 | 0 |
| 31 Dec 22 | 4 | -1 | 2 | 0 |
| 30 Jun 22 | 6 | -4 | 3 | 0 |
| 31 Mar 22 | 5 | -2 | 2 | 0 |
| 31 Dec 21 | 4 | -1 | 2 | 0 |
| 30 Jun 21 | 112 | 2 | 32 | 0 |
| 31 Mar 21 | 112 | 0 | 32 | 0 |
| 31 Dec 20 | 112 | -2 | 32 | 0 |
| 30 Jun 20 | 120 | -12 | 35 | 0 |
| 31 Mar 20 | 127 | -12 | 38 | 0 |
| 31 Dec 19 | 135 | -13 | 42 | 0 |
| 30 Jun 19 | 150 | -27 | 51 | 0 |
| 31 Mar 19 | 156 | -24 | 54 | 0 |
| 31 Dec 18 | 161 | -22 | 57 | 0 |
| 30 Jun 18 | 161 | 0 | 55 | 0 |
| 31 Mar 18 | 159 | 0 | 54 | 0 |
| 31 Dec 17 | 157 | -1 | 54 | 0 |
| 30 Jun 17 | 153 | -3 | 53 | 0 |
| 31 Mar 17 | 153 | -3 | 53 | 0 |
| 31 Dec 16 | 153 | -2 | 53 | 0 |
| 30 Jun 16 | 152 | -2 | 53 | 0 |
| 31 Mar 16 | 152 | -4 | 53 | 0 |
| 31 Dec 15 | 151 | -5 | 53 | 0 |
| 30 Jun 15 | 154 | -5 | 52 | 0 |
| 31 Mar 15 | 157 | -4 | 52 | 0 |
| 31 Dec 14 | 156 | -3 | 52 | 0 |
| 30 Sep 14 | 159 | -1 | 52 | 0 |
| 30 Jun 14 | 162 | 2 | 52 | 0 |
| 31 Mar 14 | 218 | 6 | 60 | 0 |
| 31 Dec 13 | 167 | 1 | 52 | 0 |
| 30 Sep 13 | 185 | -1 | 56 | 0 |
| 30 Jun 13 | 209 | -1 | 62 | 0 |
Quality Earnings: ERME has high quality earnings.
Growing Profit Margin: ERME became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ERME has become profitable over the past 5 years, growing earnings by 53.3% per year.
Accelerating Growth: ERME has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ERME has become profitable in the last year, making it difficult to compare its past year earnings growth to the Multiline Retail industry (8.4%).
Return on Equity
High ROE: Whilst ERME's Return on Equity (39.34%) is high, this metric is skewed due to their high level of debt.