Shelf Drilling (North Sea) Past Earnings Performance
Past criteria checks 0/6
Shelf Drilling (North Sea)'s earnings have been declining at an average annual rate of -649%, while the Energy Services industry saw earnings growing at 22.9% annually. Revenues have been growing at an average rate of 79.9% per year.
Key information
-649.0%
Earnings growth rate
-377.1%
EPS growth rate
| Energy Services Industry Growth | 23.3% |
| Revenue growth rate | 79.9% |
| Return on equity | -26.2% |
| Net Margin | -36.7% |
| Next Earnings Update | 14 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Shelf Drilling (North Sea) 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 Mar 24 | 114 | -42 | 19 | 0 |
| 31 Dec 23 | 110 | -24 | 19 | 0 |
| 30 Sep 23 | 116 | -2 | 21 | 0 |
| 30 Jun 23 | 89 | 4 | 14 | 0 |
| 31 Mar 23 | 64 | 8 | 8 | 0 |
| 31 Dec 22 | 37 | 9 | 4 | 0 |
Quality Earnings: QR7 is currently unprofitable.
Growing Profit Margin: QR7 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if QR7's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare QR7's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QR7 is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (28%).
Return on Equity
High ROE: QR7 has a negative Return on Equity (-26.22%), as it is currently unprofitable.