Racing Force Past Earnings Performance
Past criteria checks 2/6
Racing Force has been growing earnings at an average annual rate of 15.2%, while the Leisure industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 13.2% per year. Racing Force's return on equity is 8.9%, and it has net margins of 8.4%.
Key information
15.2%
Earnings growth rate
-9.2%
EPS growth rate
| Leisure Industry Growth | 17.1% |
| Revenue growth rate | 13.2% |
| Return on equity | 8.9% |
| Net Margin | 8.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Racing Force 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 24 | 63 | 5 | 30 | 0 |
| 31 Mar 24 | 63 | 5 | 30 | 0 |
| 31 Dec 23 | 63 | 5 | 30 | 0 |
| 30 Sep 23 | 63 | 5 | 29 | 0 |
| 30 Jun 23 | 62 | 5 | 29 | 0 |
| 31 Mar 23 | 61 | 7 | 27 | 0 |
| 31 Dec 22 | 59 | 8 | 26 | 0 |
| 30 Sep 22 | 57 | 8 | 25 | 0 |
| 30 Jun 22 | 55 | 8 | 23 | 0 |
| 31 Mar 22 | 51 | 6 | 22 | 0 |
| 31 Dec 21 | 47 | 4 | 20 | 0 |
| 30 Sep 21 | 44 | 4 | 19 | 0 |
| 30 Jun 21 | 42 | 4 | 17 | 0 |
| 31 Mar 21 | 38 | 3 | 16 | 0 |
| 31 Dec 20 | 34 | 1 | 16 | 0 |
Quality Earnings: X7Q has high quality earnings.
Growing Profit Margin: X7Q's current net profit margins (8.4%) are lower than last year (8.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: X7Q's earnings have grown by 15.2% per year over the past 5 years.
Accelerating Growth: X7Q's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: X7Q had negative earnings growth (-3.2%) over the past year, making it difficult to compare to the Leisure industry average (12.1%).
Return on Equity
High ROE: X7Q's Return on Equity (8.9%) is considered low.