Norva24 Group Past Earnings Performance
Past criteria checks 5/6
Norva24 Group has been growing earnings at an average annual rate of 38%, while the Commercial Services industry saw earnings growing at 25.4% annually. Revenues have been growing at an average rate of 21.7% per year. Norva24 Group's return on equity is 10.1%, and it has net margins of 6.7%.
Key information
38.0%
Earnings growth rate
-10.9%
EPS growth rate
| Commercial Services Industry Growth | 27.5% |
| Revenue growth rate | 21.7% |
| Return on equity | 10.1% |
| Net Margin | 6.7% |
| Next Earnings Update | 15 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Norva24 Group 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 | 3,217 | 215 | 473 | 0 |
| 31 Dec 23 | 3,152 | 227 | 474 | 0 |
| 30 Sep 23 | 3,016 | 173 | 469 | 0 |
| 30 Jun 23 | 2,836 | 153 | 454 | 0 |
| 31 Mar 23 | 2,645 | 154 | 443 | 0 |
| 31 Dec 22 | 2,466 | 140 | 412 | 0 |
| 30 Sep 22 | 2,336 | 146 | 383 | 0 |
| 30 Jun 22 | 2,265 | 116 | 366 | 0 |
| 31 Mar 22 | 2,143 | 78 | 332 | 0 |
| 31 Dec 21 | 2,025 | 55 | 311 | 0 |
| 31 Dec 20 | 1,523 | 74 | 191 | 0 |
| 31 Dec 18 | 1,004 | -27 | 422 | 0 |
| 31 Dec 17 | 902 | -32 | 373 | 0 |
Quality Earnings: NORVAS has high quality earnings.
Growing Profit Margin: NORVAS's current net profit margins (6.7%) are higher than last year (5.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NORVAS has become profitable over the past 5 years, growing earnings by 38% per year.
Accelerating Growth: NORVAS's earnings growth over the past year (39.9%) exceeds its 5-year average (38% per year).
Earnings vs Industry: NORVAS earnings growth over the past year (39.9%) exceeded the Commercial Services industry 17.2%.
Return on Equity
High ROE: NORVAS's Return on Equity (10.1%) is considered low.