Real Estate Credit Investments Past Earnings Performance
Past criteria checks 4/6
Real Estate Credit Investments has been growing earnings at an average annual rate of 15.7%, while the Diversified Financial industry saw earnings growing at 16.3% annually. Revenues have been growing at an average rate of 15.5% per year. Real Estate Credit Investments's return on equity is 7.6%, and it has net margins of 70.8%.
Key information
15.7%
Earnings growth rate
5.3%
EPS growth rate
| Diversified Financial Industry Growth | 14.3% |
| Revenue growth rate | 15.5% |
| Return on equity | 7.6% |
| Net Margin | 70.8% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Real Estate Credit Investments 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 Sep 23 | 36 | 26 | 6 | 0 |
| 30 Jun 23 | 34 | 23 | 6 | 0 |
| 31 Mar 23 | 31 | 21 | 6 | 0 |
| 31 Dec 22 | 30 | 21 | 6 | 0 |
| 30 Sep 22 | 29 | 21 | 6 | 0 |
| 30 Jun 22 | 31 | 23 | 6 | 0 |
| 31 Mar 22 | 32 | 25 | 6 | 0 |
| 31 Dec 21 | 38 | 30 | 6 | 0 |
| 30 Sep 21 | 44 | 36 | 6 | 0 |
| 30 Jun 21 | 45 | 37 | 6 | 0 |
| 31 Mar 21 | 45 | 37 | 6 | 0 |
| 31 Dec 20 | 20 | 12 | 6 | 0 |
| 30 Sep 20 | -5 | -13 | 6 | 0 |
| 30 Jun 20 | -7 | -15 | 6 | 0 |
| 31 Mar 20 | -9 | -17 | 6 | 0 |
| 31 Dec 19 | 10 | 2 | 6 | 0 |
| 30 Sep 19 | 29 | 22 | 5 | 0 |
| 30 Jun 19 | 27 | 21 | 5 | 0 |
| 31 Mar 19 | 25 | 19 | 5 | 0 |
| 31 Dec 18 | 24 | 18 | 4 | 0 |
| 30 Sep 18 | 22 | 17 | 4 | 0 |
| 30 Jun 18 | 21 | 16 | 4 | 0 |
| 31 Mar 18 | 21 | 15 | 4 | 0 |
| 31 Dec 17 | 19 | 13 | 3 | 0 |
| 30 Sep 17 | 18 | 11 | 3 | 0 |
| 30 Jun 17 | 17 | 10 | 3 | 0 |
| 31 Mar 17 | 16 | 9 | 3 | 0 |
| 31 Dec 16 | 16 | 9 | 3 | 0 |
| 30 Sep 16 | 15 | 9 | 3 | 0 |
| 30 Jun 16 | 15 | 9 | 3 | 0 |
| 31 Mar 16 | 15 | 9 | 3 | 0 |
| 31 Dec 15 | 16 | 9 | 3 | 0 |
| 30 Sep 15 | 17 | 10 | 3 | 0 |
| 30 Jun 15 | 26 | 18 | 4 | 0 |
| 31 Mar 15 | 35 | 26 | 5 | 0 |
| 31 Dec 14 | 34 | 26 | 5 | 0 |
| 30 Sep 14 | 33 | 25 | 4 | 0 |
| 30 Jun 14 | 24 | 16 | 4 | 0 |
| 31 Mar 14 | 15 | 8 | 3 | 0 |
| 31 Dec 13 | 22 | 14 | 4 | 0 |
| 30 Sep 13 | 28 | 21 | 4 | 0 |
| 30 Jun 13 | 32 | 25 | 4 | 0 |
Quality Earnings: RECI has high quality earnings.
Growing Profit Margin: RECI's current net profit margins (70.8%) are lower than last year (71.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RECI's earnings have grown by 15.7% per year over the past 5 years.
Accelerating Growth: RECI's earnings growth over the past year (25.1%) exceeds its 5-year average (15.7% per year).
Earnings vs Industry: RECI earnings growth over the past year (25.1%) exceeded the Diversified Financial industry -13.8%.
Return on Equity
High ROE: RECI's Return on Equity (7.6%) is considered low.