High Quality Food Past Earnings Performance
Past criteria checks 3/6
High Quality Food has been growing earnings at an average annual rate of 69.6%, while the Food industry saw earnings growing at 33.8% annually. Revenues have been growing at an average rate of 4.3% per year. High Quality Food's return on equity is 7.5%, and it has net margins of 2.8%.
Key information
69.6%
Earnings growth rate
n/a
EPS growth rate
| Food Industry Growth | 9.9% |
| Revenue growth rate | 4.3% |
| Return on equity | 7.5% |
| Net Margin | 2.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How High Quality Food 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 | 21 | 1 | 4 | 0 |
| 31 Mar 24 | 21 | 1 | 4 | 0 |
| 31 Dec 23 | 20 | 1 | 4 | 0 |
| 31 Dec 22 | 20 | 0 | 3 | 0 |
| 31 Dec 21 | 15 | -1 | 1 | 0 |
| 31 Dec 20 | 10 | 0 | 1 | 0 |
Quality Earnings: L24 has high quality earnings.
Growing Profit Margin: L24's current net profit margins (2.8%) are higher than last year (2.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: L24's earnings have grown significantly by 69.6% per year over the past 5 years.
Accelerating Growth: L24's earnings growth over the past year (26.8%) is below its 5-year average (69.6% per year).
Earnings vs Industry: L24 earnings growth over the past year (26.8%) did not outperform the Food industry 26.8%.
Return on Equity
High ROE: L24's Return on Equity (7.5%) is considered low.