Okeanis Eco Tankers Past Earnings Performance
Past criteria checks 2/6
Okeanis Eco Tankers's earnings have been declining at an average annual rate of -1.1%, while the Oil and Gas industry saw earnings growing at 37.3% annually. Revenues have been declining at an average rate of 2.1% per year. Okeanis Eco Tankers's return on equity is 20%, and it has net margins of 31.2%.
Key information
-1.1%
Earnings growth rate
0.2%
EPS growth rate
| Oil and Gas Industry Growth | 37.3% |
| Revenue growth rate | -2.1% |
| Return on equity | 20.0% |
| Net Margin | 31.2% |
| Next Earnings Update | 07 Apr 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Okeanis Eco Tankers 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 22 | 271 | 85 | 13 | 0 |
| 30 Sep 22 | 196 | 41 | 11 | 0 |
| 30 Jun 22 | 165 | 17 | 11 | 0 |
| 31 Mar 22 | 163 | 1 | 11 | 0 |
| 31 Dec 21 | 169 | -1 | 13 | 0 |
| 30 Sep 21 | 187 | 2 | 13 | 0 |
| 30 Jun 21 | 206 | 22 | 12 | 0 |
| 31 Mar 21 | 240 | 68 | 14 | 0 |
| 31 Dec 20 | 283 | 101 | 12 | 0 |
| 30 Sep 20 | 290 | 112 | 12 | 0 |
| 30 Jun 20 | 261 | 93 | 11 | 0 |
| 31 Mar 20 | 199 | 52 | 8 | 0 |
| 31 Dec 19 | 128 | 11 | 7 | 0 |
| 31 Dec 18 | 58 | -6 | 4 | 0 |
Quality Earnings: 7OK has high quality earnings.
Growing Profit Margin: 7OK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 7OK's earnings have declined by 1.1% per year over the past 5 years.
Accelerating Growth: 7OK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 7OK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-56%).
Return on Equity
High ROE: Whilst 7OK's Return on Equity (20.03%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/02/26 03:56 |
| End of Day Share Price | 2022/11/29 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Okeanis Eco Tankers Corp. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Liam Burke | B. Riley Securities, Inc. |
| Øystein Vaagen | Fearnley Securities |