Residential Secure Income Past Earnings Performance
Past criteria checks 0/6
Residential Secure Income's earnings have been declining at an average annual rate of -53.1%, while the Residential REITs industry saw earnings growing at 18.9% annually. Revenues have been declining at an average rate of 6% per year.
Key information
-53.1%
Earnings growth rate
-52.6%
EPS growth rate
| Residential REITs Industry Growth | 14.7% |
| Revenue growth rate | -6.0% |
| Return on equity | -2.3% |
| Net Margin | -11.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Residential Secure Income 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 | 32 | -4 | 1 | 0 |
| 31 Dec 23 | 33 | -13 | 1 | 0 |
| 30 Sep 23 | 34 | -23 | 1 | 0 |
| 30 Jun 23 | 32 | -24 | 2 | 0 |
| 31 Mar 23 | 31 | -24 | 2 | 0 |
| 31 Dec 22 | 31 | -6 | 2 | 0 |
| 30 Sep 22 | 32 | 13 | 1 | 0 |
| 30 Jun 22 | 36 | 14 | 1 | 0 |
| 31 Mar 22 | 40 | 15 | 1 | 0 |
| 31 Dec 21 | 40 | 13 | 1 | 0 |
| 30 Sep 21 | 40 | 11 | 1 | 0 |
| 30 Jun 21 | 37 | 8 | 1 | 0 |
| 31 Mar 21 | 33 | 5 | 1 | 0 |
| 31 Dec 20 | 33 | 4 | 1 | 0 |
| 30 Sep 20 | 32 | 2 | 1 | 0 |
| 30 Jun 20 | 30 | 5 | 1 | 0 |
| 31 Mar 20 | 28 | 7 | 1 | 0 |
| 31 Dec 19 | 25 | 10 | 1 | 0 |
| 30 Sep 19 | 22 | 13 | 1 | 0 |
| 30 Sep 18 | 8 | 13 | 1 | 0 |
Quality Earnings: RESIL is currently unprofitable.
Growing Profit Margin: RESIL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RESIL is unprofitable, and losses have increased over the past 5 years at a rate of 53.1% per year.
Accelerating Growth: Unable to compare RESIL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RESIL is unprofitable, making it difficult to compare its past year earnings growth to the Residential REITs industry (101.3%).
Return on Equity
High ROE: RESIL has a negative Return on Equity (-2.33%), as it is currently unprofitable.