ABC arbitrage Past Earnings Performance
Past criteria checks 1/6
ABC arbitrage's earnings have been declining at an average annual rate of -5.8%, while the Diversified Financial industry saw earnings growing at 0.6% annually. Revenues have been declining at an average rate of 1.4% per year. ABC arbitrage's return on equity is 10.5%, and it has net margins of 39%.
Key information
-5.8%
Earnings growth rate
-6.3%
EPS growth rate
| Diversified Financial Industry Growth | 9.1% |
| Revenue growth rate | -1.4% |
| Return on equity | 10.5% |
| Net Margin | 39.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How ABC arbitrage 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 | 42 | 17 | 7 | 0 |
| 31 Mar 24 | 41 | 17 | 7 | 0 |
| 31 Dec 23 | 40 | 16 | 7 | 0 |
| 30 Sep 23 | 45 | 19 | 7 | 0 |
| 30 Jun 23 | 50 | 22 | 8 | 0 |
| 31 Mar 23 | 56 | 25 | 8 | 0 |
| 31 Dec 22 | 61 | 29 | 8 | 0 |
| 30 Sep 22 | 61 | 28 | 7 | 0 |
| 30 Jun 22 | 61 | 27 | 6 | 0 |
| 31 Mar 22 | 63 | 28 | 6 | 0 |
| 31 Dec 21 | 64 | 28 | 6 | 0 |
| 30 Sep 21 | 62 | 27 | 6 | 0 |
| 30 Jun 21 | 59 | 26 | 6 | 0 |
| 31 Mar 21 | 64 | 31 | 6 | 0 |
| 31 Dec 20 | 69 | 35 | 6 | 0 |
| 30 Sep 20 | 67 | 35 | 4 | 0 |
| 30 Jun 20 | 64 | 36 | 3 | 0 |
| 31 Mar 20 | 51 | 27 | 4 | 0 |
| 31 Dec 19 | 37 | 18 | 5 | 0 |
| 30 Sep 19 | 38 | 19 | 6 | 0 |
| 30 Jun 19 | 40 | 20 | 6 | 0 |
| 31 Mar 19 | 40 | 20 | 6 | 0 |
| 31 Dec 18 | 40 | 20 | 7 | 0 |
| 30 Sep 18 | 38 | 18 | 5 | 0 |
| 30 Jun 18 | 36 | 17 | 4 | 0 |
| 31 Mar 18 | 37 | 18 | 2 | 0 |
| 31 Dec 17 | 39 | 18 | 0 | 0 |
| 30 Sep 17 | 42 | 21 | 3 | 0 |
| 30 Jun 17 | 46 | 24 | 6 | 0 |
| 31 Mar 17 | 50 | 27 | 6 | 0 |
| 31 Dec 16 | 54 | 31 | 6 | 0 |
| 30 Sep 16 | 54 | 30 | 6 | 0 |
| 30 Jun 16 | 54 | 30 | 7 | 0 |
| 31 Mar 16 | 51 | 27 | 7 | 0 |
| 31 Dec 15 | 48 | 24 | 7 | 0 |
| 30 Sep 15 | 45 | 21 | 3 | 0 |
| 30 Jun 15 | 42 | 18 | 0 | 0 |
| 31 Mar 15 | 44 | 18 | 0 | 0 |
| 31 Dec 14 | 46 | 19 | 0 | 0 |
| 30 Sep 14 | 45 | 19 | 2 | 0 |
| 30 Jun 14 | 45 | 18 | 5 | 0 |
| 31 Mar 14 | 37 | 14 | 5 | 0 |
| 31 Dec 13 | 29 | 10 | 5 | 0 |
Quality Earnings: 9BA has high quality earnings.
Growing Profit Margin: 9BA's current net profit margins (39%) are lower than last year (43.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9BA's earnings have declined by 5.8% per year over the past 5 years.
Accelerating Growth: 9BA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9BA had negative earnings growth (-24.1%) over the past year, making it difficult to compare to the Diversified Financial industry average (-11%).
Return on Equity
High ROE: 9BA's Return on Equity (10.5%) is considered low.