Audax Renovables Past Earnings Performance
Past criteria checks 2/6
Audax Renovables's earnings have been declining at an average annual rate of -12.8%, while the Renewable Energy industry saw earnings growing at 29.5% annually. Revenues have been growing at an average rate of 26.3% per year. Audax Renovables's return on equity is 5.7%, and it has net margins of 0.1%.
Key information
-12.8%
Earnings growth rate
-30.0%
EPS growth rate
| Renewable Energy Industry Growth | 48.6% |
| Revenue growth rate | 26.3% |
| Return on equity | 5.7% |
| Net Margin | 0.1% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Audax Renovables 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 Dec 22 | 2,626 | 4 | 30 | 0 |
| 30 Sep 22 | 2,519 | 6 | 51 | 0 |
| 30 Jun 22 | 2,317 | 7 | 29 | 0 |
| 31 Mar 22 | 2,079 | 2 | 28 | 0 |
| 31 Dec 21 | 1,685 | 3 | 28 | 0 |
| 30 Sep 21 | 1,481 | 16 | 23 | 0 |
| 30 Jun 21 | 1,253 | 19 | 27 | 0 |
| 31 Mar 21 | 1,074 | 26 | 23 | 0 |
| 31 Dec 20 | 967 | 26 | 23 | 0 |
| 30 Sep 20 | 900 | 25 | 21 | 0 |
| 30 Jun 20 | 919 | 23 | 21 | 0 |
| 31 Mar 20 | 987 | 25 | 21 | 0 |
| 31 Dec 19 | 1,041 | 25 | 21 | 0 |
| 30 Sep 19 | 1,042 | 18 | 21 | 0 |
| 30 Jun 19 | 1,082 | 17 | 22 | 0 |
| 31 Mar 19 | 1,086 | 12 | 21 | 0 |
| 31 Dec 18 | 984 | 8 | 21 | 0 |
| 31 Dec 17 | 671 | 8 | 16 | 0 |
| 31 Dec 16 | 360 | 12 | 3 | 0 |
| 31 Dec 15 | 488 | 12 | 2 | 0 |
Quality Earnings: ADXE has a large one-off gain of €2.5M impacting its last 12 months of financial results to 31st December, 2022.
Growing Profit Margin: ADXE's current net profit margins (0.1%) are lower than last year (0.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ADXE's earnings have declined by 12.8% per year over the past 5 years.
Accelerating Growth: ADXE's earnings growth over the past year (24.7%) exceeds its 5-year average (-12.8% per year).
Earnings vs Industry: ADXE earnings growth over the past year (24.7%) exceeded the Renewable Energy industry 24.7%.
Return on Equity
High ROE: ADXE's Return on Equity (5.7%) is considered low.