Momentum Group Past Earnings Performance

Past criteria checks 4/6

Momentum Group has been growing earnings at an average annual rate of 16%, while the Trade Distributors industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 37.8% per year. Momentum Group's return on equity is 26.6%, and it has net margins of 6.7%.

Key information

16.0%

Earnings growth rate

16.7%

EPS growth rate

Trade Distributors Industry Growth	16.3%
Revenue growth rate	37.8%
Return on equity	26.6%
Net Margin	6.7%
Next Earnings Update	24 Oct 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Momentum Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:MMGRBS Revenue, expenses and earnings (SEK Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	2,681	179	660
31 Mar 24	2,457	170	599
31 Dec 23	2,298	170	558
30 Sep 23	2,125	165	506
30 Jun 23	1,945	158	460
31 Mar 23	1,842	150	433
31 Dec 22	1,739	137	414
30 Sep 22	1,647	127	395
30 Jun 22	1,590	123	380
31 Mar 22	1,540	117	365
31 Dec 21	1,491	116	343
31 Dec 20	1,116	92	219
31 Mar 20	1,254	98	246
31 Mar 19	1,196	84	273

Quality Earnings: MMGRBS has high quality earnings.

Growing Profit Margin: MMGRBS's current net profit margins (6.7%) are lower than last year (8.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MMGRBS's earnings have grown by 16% per year over the past 5 years.

Accelerating Growth: MMGRBS's earnings growth over the past year (13.3%) is below its 5-year average (16% per year).

Earnings vs Industry: MMGRBS earnings growth over the past year (13.3%) exceeded the Trade Distributors industry -8.2%.

Return on Equity

High ROE: MMGRBS's Return on Equity (26.6%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/09/14 08:40
End of Day Share Price	2024/06/17 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Momentum Group AB (publ) is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Danske Bank
Emanuel Jansson	Danske Bank
Karl-Johan Bonnevier	DNB Markets