ReVolve Renewable Power Past Earnings Performance
Past criteria checks 2/6
ReVolve Renewable Power's earnings have been declining at an average annual rate of -6.6%, while the Renewable Energy industry saw earnings growing at 25.1% annually. Revenues have been growing at an average rate of 127.5% per year. ReVolve Renewable Power's return on equity is 52%, and it has net margins of 34.7%.
Key information
-6.6%
Earnings growth rate
-17.9%
EPS growth rate
| Renewable Energy Industry Growth | 36.0% |
| Revenue growth rate | 127.5% |
| Return on equity | 52.0% |
| Net Margin | 34.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How ReVolve Renewable Power 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 | 7 | 2 | 3 | 1 |
| 31 Mar 24 | 2 | -3 | 3 | 0 |
| 31 Dec 23 | 2 | -1 | 3 | 0 |
| 30 Sep 23 | 2 | -1 | 3 | 0 |
| 30 Jun 23 | 1 | -2 | 3 | 0 |
| 31 Mar 23 | 1 | 0 | 1 | 1 |
| 31 Dec 22 | 0 | -6 | 3 | 1 |
| 30 Sep 22 | 0 | -6 | 2 | 1 |
| 30 Jun 22 | 0 | -6 | 2 | 1 |
| 31 Mar 22 | 0 | -8 | 3 | 1 |
| 31 Dec 21 | 0 | -2 | 1 | 1 |
| 30 Sep 21 | 0 | -1 | 1 | 1 |
| 30 Jun 21 | 0 | 0 | 1 | 0 |
Quality Earnings: PM7 has a high level of non-cash earnings.
Growing Profit Margin: PM7 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PM7 has become profitable over the past 5 years, growing earnings by -6.6% per year.
Accelerating Growth: PM7 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PM7 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-14.1%).
Return on Equity
High ROE: Whilst PM7's Return on Equity (51.98%) is outstanding, this metric is skewed due to their high level of debt.