Sixth of October for Development and Investment Company SODIC (S.A.E.) Past Earnings Performance
Past criteria checks 4/6
Sixth of October for Development and Investment Company SODIC (S.A.E.) has been growing earnings at an average annual rate of 15.5%, while the Real Estate industry saw earnings growing at 6.2% annually. Revenues have been growing at an average rate of 16.5% per year. Sixth of October for Development and Investment Company SODIC (S.A.E.)'s return on equity is 17.4%, and it has net margins of 14.8%.
Key information
15.5%
Earnings growth rate
15.4%
EPS growth rate
| Real Estate Industry Growth | 3.4% |
| Revenue growth rate | 16.5% |
| Return on equity | 17.4% |
| Net Margin | 14.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Sixth of October for Development and Investment Company SODIC (S.A.E.) 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 | 10,673 | 1,576 | 1,636 | 0 |
| 31 Dec 23 | 10,330 | 1,373 | 1,755 | 0 |
| 30 Sep 23 | 8,129 | 634 | 1,837 | 0 |
| 30 Jun 23 | 7,996 | 563 | 1,805 | 0 |
| 31 Mar 23 | 8,110 | 481 | 1,790 | 0 |
| 31 Dec 22 | 7,811 | 520 | 1,616 | 0 |
| 30 Sep 22 | 8,261 | 947 | 1,508 | 0 |
| 30 Jun 22 | 7,781 | 925 | 1,391 | 0 |
| 31 Mar 22 | 7,271 | 982 | 1,280 | 0 |
| 31 Dec 21 | 6,923 | 856 | 1,207 | 0 |
| 30 Sep 21 | 5,303 | 617 | 969 | 0 |
| 30 Jun 21 | 6,181 | 970 | 936 | 0 |
| 31 Mar 21 | 5,893 | 890 | 898 | 0 |
| 31 Dec 20 | 5,573 | 820 | 863 | 0 |
| 30 Sep 20 | 5,561 | 760 | 865 | 0 |
| 30 Jun 20 | 4,630 | 455 | 837 | 0 |
| 31 Mar 20 | 4,970 | 588 | 857 | 0 |
| 31 Dec 19 | 5,382 | 719 | 879 | 0 |
| 30 Sep 19 | 5,172 | 341 | 786 | 0 |
| 30 Jun 19 | 4,692 | 412 | 756 | 0 |
| 31 Mar 19 | 4,155 | 398 | 717 | 0 |
| 31 Dec 18 | 3,726 | 449 | 661 | 0 |
| 30 Sep 18 | 2,495 | 702 | 634 | 0 |
| 30 Jun 18 | 2,170 | 630 | 590 | 0 |
| 31 Mar 18 | 2,101 | 598 | 525 | 0 |
| 31 Dec 17 | 2,293 | 597 | 503 | 0 |
| 30 Sep 17 | 2,669 | 680 | 493 | 0 |
| 30 Jun 17 | 2,616 | 622 | 463 | 0 |
| 31 Mar 17 | 2,583 | 589 | 444 | 0 |
| 31 Dec 16 | 2,067 | 429 | 415 | 0 |
| 30 Sep 16 | 1,738 | 343 | 339 | 0 |
| 30 Jun 16 | 1,511 | 313 | 322 | 0 |
| 31 Mar 16 | 1,376 | 286 | 307 | 0 |
| 31 Dec 15 | 1,472 | 311 | 306 | 0 |
| 30 Sep 15 | 1,359 | 268 | 302 | 0 |
| 30 Jun 15 | 1,316 | 209 | 295 | 0 |
| 31 Mar 15 | 1,348 | 179 | 289 | 0 |
| 31 Dec 14 | 1,366 | 142 | 289 | 0 |
| 30 Sep 14 | 1,465 | -428 | 263 | 0 |
| 30 Jun 14 | 1,503 | -419 | 255 | 0 |
| 31 Mar 14 | 1,496 | -415 | 256 | 0 |
| 31 Dec 13 | 1,324 | -447 | 251 | 0 |
| 30 Sep 13 | 1,320 | 202 | 218 | 0 |
| 30 Jun 13 | 1,242 | 220 | 223 | 0 |
Quality Earnings: OCDI has a high level of non-cash earnings.
Growing Profit Margin: OCDI's current net profit margins (14.8%) are higher than last year (5.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OCDI's earnings have grown by 15.5% per year over the past 5 years.
Accelerating Growth: OCDI's earnings growth over the past year (227.5%) exceeds its 5-year average (15.5% per year).
Earnings vs Industry: OCDI earnings growth over the past year (227.5%) exceeded the Real Estate industry 25.8%.
Return on Equity
High ROE: OCDI's Return on Equity (17.4%) is considered low.