Marwest Apartment Real Estate Investment Trust Past Earnings Performance
Past criteria checks 2/6
Marwest Apartment Real Estate Investment Trust has been growing earnings at an average annual rate of 5.4%, while the Capital Markets industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 53% per year. Marwest Apartment Real Estate Investment Trust's return on equity is 31.6%, and it has net margins of 87.4%.
Key information
5.4%
Earnings growth rate
156.1%
EPS growth rate
| Capital Markets Industry Growth | 15.2% |
| Revenue growth rate | 53.0% |
| Return on equity | 31.6% |
| Net Margin | 87.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Marwest Apartment Real Estate Investment Trust 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 | 10 | 9 | 1 | 0 |
| 30 Sep 23 | 10 | 5 | 1 | 0 |
| 30 Jun 23 | 9 | 4 | 1 | 0 |
| 31 Mar 23 | 8 | 5 | 1 | 0 |
| 31 Dec 22 | 7 | 3 | 1 | 0 |
| 30 Sep 22 | 6 | 11 | 1 | 0 |
| 30 Jun 22 | 6 | 15 | 1 | 0 |
| 31 Mar 22 | 5 | 11 | 0 | 0 |
| 31 Dec 21 | 3 | 9 | 0 | 0 |
Quality Earnings: L2B has a large one-off gain of CA$7.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: L2B's current net profit margins (87.4%) are higher than last year (47.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if L2B's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare L2B's past year earnings growth to its 5-year average.
Earnings vs Industry: L2B earnings growth over the past year (155.8%) exceeded the Capital Markets industry 2.6%.
Return on Equity
High ROE: Whilst L2B's Return on Equity (31.55%) is high, this metric is skewed due to their high level of debt.