Source Energy Services Past Earnings Performance
Past criteria checks 4/6
Source Energy Services has been growing earnings at an average annual rate of 61.7%, while the Energy Services industry saw earnings growing at 22.9% annually. Revenues have been growing at an average rate of 12.5% per year. Source Energy Services's return on equity is 92.6%, and it has net margins of 28%.
Key information
61.7%
Earnings growth rate
59.5%
EPS growth rate
| Energy Services Industry Growth | 23.3% |
| Revenue growth rate | 12.5% |
| Return on equity | 92.6% |
| Net Margin | 28.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Source Energy Services 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 | 576 | 161 | 53 | 0 |
| 31 Dec 23 | 570 | 167 | 44 | 0 |
| 30 Sep 23 | 503 | 2 | 43 | 0 |
| 30 Jun 23 | 498 | 4 | 40 | 0 |
| 31 Mar 23 | 483 | 6 | 35 | 0 |
| 31 Dec 22 | 416 | -9 | 31 | 0 |
| 30 Sep 22 | 396 | -11 | 28 | 0 |
| 30 Jun 22 | 374 | -21 | 29 | 0 |
| 31 Mar 22 | 335 | -26 | 28 | 0 |
| 31 Dec 21 | 320 | -24 | 27 | 0 |
| 30 Sep 21 | 311 | 14 | 24 | 0 |
| 30 Jun 21 | 292 | 10 | 22 | 0 |
| 31 Mar 21 | 235 | -5 | 22 | 0 |
| 31 Dec 20 | 250 | -183 | 22 | 0 |
| 30 Sep 20 | 260 | -210 | 25 | 0 |
| 30 Jun 20 | 261 | -262 | 27 | 0 |
| 31 Mar 20 | 321 | -265 | 29 | 0 |
| 31 Dec 19 | 333 | -89 | 33 | 0 |
| 30 Sep 19 | 318 | -99 | 35 | 0 |
| 30 Jun 19 | 362 | -40 | 36 | 0 |
| 31 Mar 19 | 418 | -13 | 38 | 0 |
| 31 Dec 18 | 415 | -2 | 36 | 0 |
| 30 Sep 18 | 436 | 10 | 36 | 0 |
| 30 Jun 18 | 394 | 15 | 36 | 0 |
| 31 Mar 18 | 330 | -3 | 36 | 0 |
| 31 Dec 17 | 289 | -9 | 31 | 0 |
| 30 Sep 17 | 260 | -17 | 28 | 0 |
| 30 Jun 17 | 204 | -32 | 25 | 0 |
| 31 Mar 17 | 160 | -43 | 23 | 0 |
| 31 Dec 16 | 139 | -43 | 24 | 0 |
| 31 Dec 15 | 153 | -10 | 18 | 0 |
| 31 Dec 14 | 147 | 17 | 19 | 0 |
Quality Earnings: S4O0 has a high level of non-cash earnings.
Growing Profit Margin: S4O0's current net profit margins (28%) are higher than last year (1.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: S4O0 has become profitable over the past 5 years, growing earnings by 61.7% per year.
Accelerating Growth: S4O0's earnings growth over the past year (2706.7%) exceeds its 5-year average (61.7% per year).
Earnings vs Industry: S4O0 earnings growth over the past year (2706.7%) exceeded the Energy Services industry 26.6%.
Return on Equity
High ROE: Whilst S4O0's Return on Equity (92.62%) is outstanding, this metric is skewed due to their high level of debt.