Newport Marine Services Past Earnings Performance
Past criteria checks 2/6
Newport Marine Services's earnings have been declining at an average annual rate of -53.3%, while the Energy Services industry saw earnings growing at 22.8% annually. Revenues have been declining at an average rate of 30% per year. Newport Marine Services's return on equity is 0.4%, and it has net margins of 0.7%.
Key information
-53.3%
Earnings growth rate
-53.6%
EPS growth rate
| Energy Services Industry Growth | 4.0% |
| Revenue growth rate | -30.0% |
| Return on equity | 0.4% |
| Net Margin | 0.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How Newport Marine Services 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 23 | 10 | 0 | 1 | 0 |
| 31 Dec 22 | 14 | 0 | 1 | 0 |
| 31 Dec 21 | 9 | -1 | 1 | 0 |
Quality Earnings: BOAT has high quality earnings.
Growing Profit Margin: BOAT's current net profit margins (0.7%) are lower than last year (1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BOAT has become profitable over the past 5 years.
Accelerating Growth: BOAT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BOAT had negative earnings growth (-53.3%) over the past year, making it difficult to compare to the Energy Services industry average (27.1%).
Return on Equity
High ROE: BOAT's Return on Equity (0.4%) is considered low.