Develop North Past Earnings Performance

Past criteria checks 2/6

Develop North has been growing earnings at an average annual rate of 14.4%, while the Diversified Financial industry saw earnings growing at 16.3% annually. Revenues have been declining at an average rate of 15.1% per year. Develop North's return on equity is 1.3%, and it has net margins of 31.1%.

Key information

14.4%

Earnings growth rate

13.8%

EPS growth rate

Diversified Financial Industry Growth14.3%
Revenue growth rate-15.1%
Return on equity1.3%
Net Margin31.1%
Last Earnings Update30 Nov 2023

Recent past performance updates

No updates

Recent updates

Develop North (LON:DVNO) Will Pay A Dividend Of £0.01

Nov 26
Develop North (LON:DVNO) Will Pay A Dividend Of £0.01

Develop North (LON:DVNO) Has Announced A Dividend Of £0.01

Sep 02
Develop North (LON:DVNO) Has Announced A Dividend Of £0.01

Develop North (LON:DVNO) Has Affirmed Its Dividend Of £0.01

Jun 03
Develop North (LON:DVNO) Has Affirmed Its Dividend Of £0.01

Develop North (LON:DVNO) Is Due To Pay A Dividend Of £0.01

Sep 02
Develop North (LON:DVNO) Is Due To Pay A Dividend Of £0.01

Develop North (LON:DVNO) Is Due To Pay A Dividend Of UK£0.01

Jun 06
Develop North (LON:DVNO) Is Due To Pay A Dividend Of UK£0.01

Revenue & Expenses Breakdown
Beta

How Develop North makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

LSE:DVNO Revenue, expenses and earnings (GBP Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Nov 231000
31 Aug 231000
31 May 231000
28 Feb 231000
30 Nov 221100
31 Aug 221100
31 May 221100
28 Feb 221100
30 Nov 211100
31 Aug 211100
31 May 211100
28 Feb 211100
30 Nov 201100
31 Aug 202000
31 May 202-200
29 Feb 202-100
30 Nov 192-100
31 Aug 192000
31 May 191100
28 Feb 191100
30 Nov 181100
31 Aug 182100
31 May 182100
28 Feb 182100
30 Nov 171100

Quality Earnings: DVNO has high quality earnings.

Growing Profit Margin: DVNO's current net profit margins (31.1%) are lower than last year (45.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DVNO's earnings have grown by 14.4% per year over the past 5 years.

Accelerating Growth: DVNO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DVNO had negative earnings growth (-49.2%) over the past year, making it difficult to compare to the Diversified Financial industry average (-13.8%).


Return on Equity

High ROE: DVNO's Return on Equity (1.3%) is considered low.


Return on Assets


Return on Capital Employed


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