Prosafe Past Earnings Performance
Past criteria checks 2/6
Prosafe has been growing earnings at an average annual rate of 31.1%, while the Energy Services industry saw earnings growing at 25.5% annually. Revenues have been declining at an average rate of 24.5% per year. Prosafe's return on equity is 2987.8%, and it has net margins of 602.5%.
Key information
31.1%
Earnings growth rate
12.3%
EPS growth rate
| Energy Services Industry Growth | 1.7% |
| Revenue growth rate | -24.5% |
| Return on equity | 2,987.8% |
| Net Margin | 602.5% |
| Next Earnings Update | 03 Nov 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Prosafe 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 22 | 171 | 1,028 | 48 | 0 |
| 31 Mar 22 | 160 | 1,006 | 48 | 0 |
| 31 Dec 21 | 140 | 928 | 48 | 0 |
| 30 Sep 21 | 128 | -139 | 29 | 0 |
| 30 Jun 21 | 94 | -154 | 29 | 0 |
| 31 Mar 21 | 48 | -185 | 29 | 0 |
| 31 Dec 20 | 57 | -950 | 29 | 0 |
| 30 Sep 20 | 67 | -934 | 65 | 0 |
| 30 Jun 20 | 112 | -1,271 | 65 | 0 |
| 31 Mar 20 | 183 | -1,227 | 65 | 0 |
| 31 Dec 19 | 225 | -400 | 65 | 0 |
| 30 Sep 19 | 271 | -412 | 72 | 0 |
| 30 Jun 19 | 288 | -164 | 72 | 0 |
| 31 Mar 19 | 313 | -159 | 72 | 0 |
| 31 Dec 18 | 329 | -114 | 72 | 0 |
| 30 Sep 18 | 332 | -49 | 71 | 0 |
| 30 Jun 18 | 328 | -572 | 71 | 0 |
| 31 Mar 18 | 289 | -612 | 71 | 0 |
| 31 Dec 17 | 282 | -647 | 71 | 0 |
| 30 Sep 17 | 269 | -720 | 87 | 0 |
| 30 Jun 17 | 329 | 117 | 87 | 0 |
| 31 Mar 17 | 383 | 155 | 87 | 0 |
| 31 Dec 16 | 410 | 173 | 87 | 0 |
| 30 Sep 16 | 408 | 62 | 93 | 0 |
| 30 Jun 16 | 433 | -86 | 93 | 0 |
| 31 Mar 16 | 410 | -79 | 93 | 0 |
| 31 Dec 15 | 431 | -51 | 93 | 0 |
| 30 Sep 15 | 466 | 143 | 103 | 0 |
Quality Earnings: PRSO has a high level of non-cash earnings.
Growing Profit Margin: PRSO became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PRSO has become profitable over the past 5 years, growing earnings by 31.1% per year.
Accelerating Growth: PRSO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PRSO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (38.2%).
Return on Equity
High ROE: Whilst PRSO's Return on Equity (2987.79%) is outstanding, this metric is skewed due to their high level of debt.