QleanAir Past Earnings Performance
Past criteria checks 5/6
QleanAir has been growing earnings at an average annual rate of 9.3%, while the Commercial Services industry saw earnings growing at 9.1% annually. Revenues have been growing at an average rate of 1.2% per year. QleanAir's return on equity is 20.1%, and it has net margins of 8.6%.
Key information
9.3%
Earnings growth rate
8.5%
EPS growth rate
| Commercial Services Industry Growth | 9.7% |
| Revenue growth rate | 1.2% |
| Return on equity | 20.1% |
| Net Margin | 8.6% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How QleanAir 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 | 504 | 43 | 246 | 0 |
| 30 Sep 23 | 500 | 19 | 257 | 0 |
| 30 Jun 23 | 487 | 20 | 258 | 0 |
| 31 Mar 23 | 461 | 10 | 254 | 0 |
| 31 Dec 22 | 455 | 13 | 251 | 0 |
| 30 Sep 22 | 453 | 39 | 229 | 0 |
| 30 Jun 22 | 451 | 45 | 223 | 0 |
| 31 Mar 22 | 455 | 52 | 216 | 0 |
| 31 Dec 21 | 451 | 59 | 209 | 0 |
| 30 Sep 21 | 442 | 75 | 198 | 0 |
| 30 Jun 21 | 437 | 68 | 194 | 0 |
| 31 Mar 21 | 462 | 70 | 203 | 0 |
| 31 Dec 20 | 496 | 67 | 212 | 0 |
| 30 Sep 20 | 510 | 16 | 233 | 0 |
| 30 Jun 20 | 524 | 9 | 242 | 0 |
| 31 Mar 20 | 496 | 0 | 230 | 0 |
| 31 Dec 19 | 457 | -8 | 215 | 0 |
| 30 Sep 19 | 436 | 19 | 201 | 0 |
| 31 Dec 18 | 401 | 21 | 190 | 0 |
| 31 Dec 17 | 336 | -2 | 172 | 0 |
| 31 Dec 16 | 319 | 3 | 162 | 0 |
Quality Earnings: 9ZJ has high quality earnings.
Growing Profit Margin: 9ZJ's current net profit margins (8.6%) are higher than last year (2.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9ZJ's earnings have grown by 9.3% per year over the past 5 years.
Accelerating Growth: 9ZJ's earnings growth over the past year (226.3%) exceeds its 5-year average (9.3% per year).
Earnings vs Industry: 9ZJ earnings growth over the past year (226.3%) exceeded the Commercial Services industry -27.5%.
Return on Equity
High ROE: Whilst 9ZJ's Return on Equity (20.14%) is high, this metric is skewed due to their high level of debt.