More Provident Funds Past Earnings Performance
Past criteria checks 5/6
More Provident Funds has been growing earnings at an average annual rate of 102.1%, while the Capital Markets industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 51.5% per year. More Provident Funds's return on equity is 19%, and it has net margins of 9.2%.
Key information
102.1%
Earnings growth rate
102.7%
EPS growth rate
| Capital Markets Industry Growth | 15.1% |
| Revenue growth rate | 51.5% |
| Return on equity | 19.0% |
| Net Margin | 9.2% |
| Next Earnings Update | 20 Nov 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How More Provident Funds 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 | 484 | 45 | 169 | 0 |
| 31 Mar 24 | 469 | 43 | 162 | 0 |
| 31 Dec 23 | 445 | 39 | 156 | 0 |
| 30 Sep 23 | 403 | 26 | 149 | 0 |
| 30 Jun 23 | 362 | 20 | 141 | 0 |
| 31 Mar 23 | 321 | 15 | 134 | 0 |
| 31 Dec 22 | 276 | 8 | 124 | 0 |
| 30 Sep 22 | 243 | 8 | 113 | 0 |
| 30 Jun 22 | 205 | 3 | 99 | 0 |
| 31 Mar 22 | 172 | 3 | 84 | 0 |
| 31 Dec 21 | 135 | -1 | 70 | 0 |
| 30 Sep 21 | 99 | -6 | 56 | 0 |
| 30 Jun 21 | 72 | -8 | 48 | 0 |
| 31 Mar 21 | 44 | -11 | 37 | 0 |
| 31 Dec 20 | 24 | -12 | 28 | 0 |
Quality Earnings: MPP has high quality earnings.
Growing Profit Margin: MPP's current net profit margins (9.2%) are higher than last year (5.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MPP's earnings have grown significantly by 102.1% per year over the past 5 years.
Accelerating Growth: MPP's earnings growth over the past year (120.8%) exceeds its 5-year average (102.1% per year).
Earnings vs Industry: MPP earnings growth over the past year (120.8%) exceeded the Capital Markets industry 21.4%.
Return on Equity
High ROE: MPP's Return on Equity (19%) is considered low.