Atea Past Earnings Performance
Past criteria checks 2/6
Atea has been growing earnings at an average annual rate of 13.6%, while the IT industry saw earnings growing at 13% annually. Revenues have been declining at an average rate of 2.6% per year. Atea's return on equity is 18.1%, and it has net margins of 2.4%.
Key information
13.6%
Earnings growth rate
13.3%
EPS growth rate
| IT Industry Growth | 14.0% |
| Revenue growth rate | -2.6% |
| Return on equity | 18.1% |
| Net Margin | 2.4% |
| Next Earnings Update | 12 Jul 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Atea 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 | 33,618 | 817 | 7,648 | 0 |
| 31 Dec 23 | 34,704 | 800 | 7,599 | 0 |
| 30 Sep 23 | 35,125 | 850 | 7,401 | 0 |
| 30 Jun 23 | 35,462 | 864 | 7,280 | 0 |
| 31 Mar 23 | 34,183 | 892 | 6,975 | 0 |
| 31 Dec 22 | 32,397 | 848 | 6,718 | 0 |
| 30 Sep 22 | 30,676 | 853 | 6,520 | 0 |
| 30 Jun 22 | 29,109 | 843 | 6,377 | 0 |
| 31 Mar 22 | 28,212 | 763 | 6,303 | 0 |
| 31 Dec 21 | 28,491 | 760 | 6,271 | 0 |
| 30 Sep 21 | 32,068 | 740 | 6,249 | 0 |
| 30 Jun 21 | 33,740 | 703 | 6,242 | 0 |
| 31 Mar 21 | 37,645 | 712 | 6,189 | 0 |
| 31 Dec 20 | 39,503 | 590 | 6,147 | 0 |
| 30 Sep 20 | 38,031 | 524 | 6,056 | 0 |
| 30 Jun 20 | 37,672 | 510 | 5,979 | 0 |
| 31 Mar 20 | 36,560 | 457 | 5,893 | 0 |
| 31 Dec 19 | 36,655 | 530 | 5,820 | 0 |
| 30 Sep 19 | 36,622 | 516 | 5,978 | 0 |
| 30 Jun 19 | 35,893 | 473 | 5,948 | 0 |
| 31 Mar 19 | 35,506 | 459 | 5,919 | 0 |
| 31 Dec 18 | 34,708 | 467 | 5,816 | 0 |
| 30 Sep 18 | 34,552 | 528 | 649 | 0 |
| 30 Jun 18 | 34,108 | 561 | 544 | 0 |
| 31 Mar 18 | 33,418 | 561 | 464 | 0 |
| 31 Dec 17 | 32,438 | 543 | 367 | 0 |
| 30 Sep 17 | 31,519 | 569 | 4,009 | 0 |
| 30 Jun 17 | 31,268 | 536 | 2,905 | 0 |
| 31 Mar 17 | 31,302 | 522 | 1,587 | 0 |
| 31 Dec 16 | 31,188 | 512 | 333 | 0 |
| 30 Sep 16 | 30,698 | 453 | 366 | 0 |
| 30 Jun 16 | 30,253 | 429 | 361 | 0 |
| 31 Mar 16 | 28,652 | 384 | 351 | 0 |
| 31 Dec 15 | 27,904 | 393 | 348 | 0 |
| 30 Sep 15 | 26,847 | 377 | 315 | 0 |
| 30 Jun 15 | 26,062 | 397 | 316 | 0 |
| 31 Mar 15 | 25,202 | 427 | 323 | 0 |
| 31 Dec 14 | 24,588 | 429 | 321 | 0 |
| 30 Sep 14 | 23,885 | 410 | 9 | 0 |
| 30 Jun 14 | 23,375 | 372 | 14 | 0 |
| 31 Mar 14 | 22,895 | 356 | 7 | 0 |
| 31 Dec 13 | 22,096 | 339 | 0 | 0 |
| 30 Sep 13 | 21,571 | 424 | 12 | 0 |
| 30 Jun 13 | 21,358 | 453 | 0 | 0 |
Quality Earnings: MKL has high quality earnings.
Growing Profit Margin: MKL's current net profit margins (2.4%) are lower than last year (2.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MKL's earnings have grown by 13.6% per year over the past 5 years.
Accelerating Growth: MKL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MKL had negative earnings growth (-8.4%) over the past year, making it difficult to compare to the IT industry average (-0.2%).
Return on Equity
High ROE: MKL's Return on Equity (18.1%) is considered low.