Michman Finance Past Earnings Performance
Past criteria checks 2/6
Michman Finance has been growing earnings at an average annual rate of 47.4%, while the Diversified Financial industry saw earnings growing at 22.8% annually. Revenues have been growing at an average rate of 42.2% per year. Michman Finance's return on equity is 23%, and it has net margins of 44.8%.
Key information
47.4%
Earnings growth rate
40.0%
EPS growth rate
| Diversified Financial Industry Growth | 32.9% |
| Revenue growth rate | 42.2% |
| Return on equity | 23.0% |
| Net Margin | 44.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Michman Finance 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 | 81 | 36 | 26 | 0 |
| 31 Mar 24 | 87 | 40 | 26 | 0 |
| 31 Dec 23 | 95 | 44 | 28 | 0 |
| 30 Sep 23 | 96 | 46 | 28 | 0 |
| 30 Jun 23 | 96 | 47 | 26 | 0 |
| 31 Mar 23 | 90 | 38 | 25 | 0 |
| 31 Dec 22 | 80 | 28 | 23 | 0 |
| 30 Sep 22 | 63 | 11 | 20 | 0 |
| 30 Jun 22 | 50 | 6 | 20 | 0 |
| 31 Mar 22 | 41 | 20 | 17 | 0 |
| 31 Dec 21 | 31 | 19 | 16 | 0 |
| 30 Sep 21 | 22 | 20 | 18 | 0 |
| 30 Jun 21 | 16 | 14 | 15 | 0 |
| 31 Mar 21 | 13 | -2 | 14 | 0 |
| 31 Dec 20 | 11 | -2 | 12 | 0 |
| 30 Sep 20 | 11 | 5 | 6 | 0 |
| 30 Jun 20 | 12 | 8 | 6 | 0 |
| 31 Mar 20 | 11 | 8 | 5 | 0 |
| 31 Dec 19 | 10 | 8 | 4 | 0 |
| 31 Dec 18 | 3 | 1 | 1 | 0 |
| 31 Dec 17 | 1 | 0 | 1 | 0 |
Quality Earnings: MCMN has high quality earnings.
Growing Profit Margin: MCMN's current net profit margins (44.8%) are lower than last year (48.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MCMN's earnings have grown significantly by 47.4% per year over the past 5 years.
Accelerating Growth: MCMN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MCMN had negative earnings growth (-22.4%) over the past year, making it difficult to compare to the Diversified Financial industry average (-5.2%).
Return on Equity
High ROE: Whilst MCMN's Return on Equity (22.96%) is high, this metric is skewed due to their high level of debt.