Avax Past Earnings Performance
Past criteria checks 2/6
Avax has been growing earnings at an average annual rate of 41.3%, while the Construction industry saw earnings growing at 16.7% annually. Revenues have been declining at an average rate of 5.7% per year. Avax's return on equity is 24.5%, and it has net margins of 9%.
Key information
41.3%
Earnings growth rate
50.1%
EPS growth rate
| Construction Industry Growth | -12.0% |
| Revenue growth rate | -5.7% |
| Return on equity | 24.5% |
| Net Margin | 9.0% |
| Next Earnings Update | 14 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Avax 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 | 401 | 36 | 46 | 0 |
| 31 Mar 23 | 402 | 24 | 47 | 0 |
| 31 Dec 22 | 403 | 11 | 47 | 0 |
| 30 Sep 22 | 482 | -18 | 50 | 0 |
| 30 Jun 22 | 525 | -30 | 57 | 0 |
| 31 Mar 22 | 559 | -15 | 53 | 0 |
| 31 Dec 21 | 592 | 0 | 50 | 0 |
| 30 Sep 21 | 722 | 0 | 44 | 0 |
| 30 Jun 21 | 464 | 8 | 48 | 0 |
| 31 Mar 21 | 464 | 9 | 49 | 0 |
| 31 Dec 20 | 463 | 10 | 50 | 0 |
| 30 Jun 20 | 521 | -16 | 46 | 0 |
| 31 Mar 20 | 548 | -17 | 44 | 0 |
| 31 Dec 19 | 576 | -17 | 43 | 0 |
| 30 Jun 19 | 555 | -15 | 51 | 0 |
| 31 Mar 19 | 546 | -20 | 51 | 0 |
| 31 Dec 18 | 538 | -24 | 51 | 0 |
| 30 Sep 18 | 616 | -20 | 46 | 0 |
| 30 Jun 18 | 649 | -14 | 39 | 0 |
| 31 Mar 18 | 661 | -12 | 38 | 0 |
| 31 Dec 17 | 673 | -10 | 37 | 0 |
| 30 Sep 17 | 634 | -35 | 47 | 0 |
| 30 Jun 17 | 594 | -60 | 57 | 0 |
| 31 Mar 17 | 568 | -55 | 56 | 0 |
| 31 Dec 16 | 541 | -51 | 56 | 0 |
| 30 Sep 16 | 515 | -29 | 56 | 0 |
| 30 Jun 16 | 495 | -19 | 43 | 0 |
| 31 Mar 16 | 461 | 11 | 43 | 0 |
| 31 Dec 15 | 456 | 0 | 44 | 0 |
| 30 Sep 15 | 529 | 5 | 53 | 0 |
| 30 Jun 15 | 508 | -7 | 54 | 0 |
| 31 Mar 15 | 529 | -45 | 55 | 0 |
| 31 Dec 14 | 518 | -35 | 56 | 0 |
| 30 Sep 14 | 475 | -82 | 47 | 0 |
| 30 Jun 14 | 482 | -68 | 48 | 0 |
| 31 Mar 14 | 434 | -67 | 49 | 0 |
| 31 Dec 13 | 411 | -70 | 49 | 0 |
| 30 Sep 13 | 401 | -23 | 34 | 0 |
| 30 Jun 13 | 412 | -2 | 35 | 0 |
Quality Earnings: IJ6 has a large one-off gain of €11.2M impacting its last 12 months of financial results to 30th June, 2023.
Growing Profit Margin: IJ6 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IJ6 has become profitable over the past 5 years, growing earnings by 41.3% per year.
Accelerating Growth: IJ6 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IJ6 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (13.4%).
Return on Equity
High ROE: Whilst IJ6's Return on Equity (24.47%) is high, this metric is skewed due to their high level of debt.