2G Energy Past Earnings Performance
Past criteria checks 5/6
2G Energy has been growing earnings at an average annual rate of 17.2%, while the Electrical industry saw earnings growing at 8.6% annually. Revenues have been growing at an average rate of 9.3% per year. 2G Energy's return on equity is 15.9%, and it has net margins of 5.2%.
Key information
17.2%
Earnings growth rate
16.8%
EPS growth rate
| Electrical Industry Growth | 8.6% |
| Revenue growth rate | 9.3% |
| Return on equity | 15.9% |
| Net Margin | 5.2% |
| Next Earnings Update | 27 Nov 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How 2G Energy 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 23 | 334 | 17 | 61 | 0 |
| 31 Mar 23 | 324 | 17 | 59 | 0 |
| 31 Dec 22 | 313 | 16 | 57 | 0 |
| 30 Sep 22 | 293 | 15 | 55 | 0 |
| 30 Jun 22 | 273 | 13 | 53 | 0 |
| 31 Mar 22 | 270 | 13 | 51 | 0 |
| 31 Dec 21 | 266 | 13 | 49 | 0 |
| 30 Sep 21 | 267 | 12 | 48 | 0 |
| 30 Jun 21 | 268 | 12 | 47 | 0 |
| 31 Mar 21 | 257 | 12 | 46 | 0 |
| 31 Dec 20 | 247 | 12 | 44 | 0 |
| 30 Sep 20 | 237 | 11 | 43 | 0 |
| 30 Jun 20 | 227 | 10 | 42 | 0 |
| 31 Mar 20 | 231 | 10 | 40 | 0 |
| 31 Dec 19 | 236 | 10 | 39 | 0 |
| 30 Sep 19 | 229 | 9 | 38 | 0 |
| 30 Jun 19 | 222 | 8 | 37 | 0 |
| 31 Mar 19 | 216 | 8 | 36 | 0 |
| 31 Dec 18 | 210 | 8 | 35 | 0 |
| 30 Sep 18 | 207 | 7 | 34 | 0 |
| 30 Jun 18 | 204 | 6 | 34 | 0 |
| 31 Mar 18 | 198 | 6 | 33 | 0 |
| 31 Dec 17 | 193 | 5 | 33 | 0 |
| 30 Sep 17 | 189 | 4 | 32 | 0 |
| 30 Jun 17 | 186 | 4 | 31 | 0 |
| 31 Mar 17 | 181 | 3 | 31 | 0 |
| 31 Dec 16 | 177 | 2 | 30 | 0 |
| 30 Sep 16 | 168 | 3 | 30 | 0 |
| 30 Jun 16 | 159 | 4 | 30 | 0 |
| 31 Mar 16 | 157 | 4 | 30 | 0 |
| 31 Dec 15 | 155 | 3 | 29 | 0 |
| 30 Sep 15 | 174 | 3 | 28 | 0 |
| 30 Jun 15 | 194 | 4 | 27 | 0 |
| 31 Mar 15 | 190 | 5 | 26 | 0 |
| 31 Dec 14 | 187 | 6 | 25 | 0 |
| 30 Sep 14 | 162 | 4 | 25 | 0 |
| 30 Jun 14 | 137 | 1 | 24 | 0 |
| 31 Mar 14 | 131 | 1 | 23 | 0 |
| 31 Dec 13 | 126 | 1 | 21 | 0 |
| 30 Sep 13 | 132 | 4 | 20 | 0 |
| 30 Jun 13 | 138 | 8 | 19 | 0 |
| 31 Mar 13 | 142 | 10 | 18 | 0 |
| 31 Dec 12 | 146 | 11 | 17 | 0 |
Quality Earnings: 2GBD has high quality earnings.
Growing Profit Margin: 2GBD's current net profit margins (5.2%) are higher than last year (4.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2GBD's earnings have grown by 17.2% per year over the past 5 years.
Accelerating Growth: 2GBD's earnings growth over the past year (33.3%) exceeds its 5-year average (17.2% per year).
Earnings vs Industry: 2GBD earnings growth over the past year (33.3%) exceeded the Electrical industry -9.7%.
Return on Equity
High ROE: 2GBD's Return on Equity (15.9%) is considered low.