Arrow Exploration Past Earnings Performance
Past criteria checks 1/6
Arrow Exploration has been growing earnings at an average annual rate of 53.3%, while the Oil and Gas industry saw earnings growing at 25.2% annually. Revenues have been growing at an average rate of 28.9% per year. Arrow Exploration's return on equity is 2.4%, and it has net margins of 1.9%.
Key information
53.3%
Earnings growth rate
53.9%
EPS growth rate
| Oil and Gas Industry Growth | 21.8% |
| Revenue growth rate | 28.9% |
| Return on equity | 2.4% |
| Net Margin | 1.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Arrow Exploration 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 24 | 57 | 1 | 12 | 0 |
| 31 Mar 24 | 52 | -1 | 12 | 0 |
| 31 Dec 23 | 45 | -1 | 11 | 0 |
| 30 Sep 23 | 40 | 12 | 9 | 0 |
| 30 Jun 23 | 34 | 7 | 10 | 0 |
| 31 Mar 23 | 29 | 9 | 8 | 0 |
| 31 Dec 22 | 25 | 0 | 7 | 0 |
| 30 Sep 22 | 19 | 4 | 7 | 0 |
| 30 Jun 22 | 13 | 2 | 6 | 0 |
| 31 Mar 22 | 9 | 1 | 5 | 0 |
| 31 Dec 21 | 7 | 6 | 5 | 0 |
| 30 Sep 21 | 4 | -9 | 5 | 0 |
| 30 Jun 21 | 2 | -11 | 5 | 0 |
| 31 Mar 21 | 2 | -7 | 5 | 0 |
| 31 Dec 20 | 5 | -32 | 5 | 0 |
| 30 Sep 20 | 11 | -26 | 6 | 0 |
| 30 Jun 20 | 17 | -26 | 6 | 0 |
| 31 Mar 20 | 23 | -30 | 8 | 0 |
| 31 Dec 19 | 25 | -6 | 8 | 0 |
| 30 Sep 19 | 26 | -3 | 9 | 0 |
| 30 Jun 19 | 20 | -3 | 7 | 0 |
| 31 Mar 19 | 12 | -2 | 5 | 0 |
| 31 Dec 18 | 6 | -1 | 4 | 0 |
| 30 Sep 18 | 0 | -2 | 1 | 0 |
| 30 Jun 18 | 0 | -1 | 1 | 0 |
| 31 Mar 18 | 0 | 0 | 0 | 0 |
Quality Earnings: AXL has a high level of non-cash earnings.
Growing Profit Margin: AXL's current net profit margins (1.9%) are lower than last year (21.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AXL has become profitable over the past 5 years, growing earnings by 53.3% per year.
Accelerating Growth: AXL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AXL had negative earnings growth (-85%) over the past year, making it difficult to compare to the Oil and Gas industry average (-46.6%).
Return on Equity
High ROE: AXL's Return on Equity (2.4%) is considered low.