Afloat Enterprises Past Earnings Performance
Past criteria checks 5/6
Afloat Enterprises has been growing earnings at an average annual rate of 56.2%, while the Trade Distributors industry saw earnings growing at 27.2% annually. Revenues have been declining at an average rate of 0.5% per year. Afloat Enterprises's return on equity is 3.6%, and it has net margins of 3.5%.
Key information
56.2%
Earnings growth rate
104.1%
EPS growth rate
| Trade Distributors Industry Growth | 27.3% |
| Revenue growth rate | -0.5% |
| Return on equity | 3.6% |
| Net Margin | 3.5% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Afloat Enterprises 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 Sep 23 | 55 | 2 | 2 | 0 |
| 30 Jun 23 | 46 | 1 | 2 | 0 |
| 31 Mar 23 | 37 | 1 | 2 | 0 |
| 31 Dec 22 | 46 | 1 | 3 | 0 |
| 30 Sep 22 | 55 | 1 | 3 | 0 |
| 30 Jun 22 | 57 | 1 | 3 | 0 |
| 31 Mar 22 | 60 | 0 | 3 | 0 |
| 31 Dec 21 | 70 | -1 | 3 | 0 |
| 30 Sep 21 | 80 | -1 | 2 | 0 |
| 30 Jun 21 | 96 | -1 | 2 | 0 |
| 31 Mar 21 | 113 | 0 | 2 | 0 |
| 31 Mar 20 | 109 | 0 | 0 | 0 |
| 31 Mar 19 | 0 | 0 | 0 | 0 |
Quality Earnings: 543377 has high quality earnings.
Growing Profit Margin: 543377's current net profit margins (3.5%) are higher than last year (1.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 543377's earnings have grown significantly by 56.2% per year over the past 5 years.
Accelerating Growth: 543377's earnings growth over the past year (99.7%) exceeds its 5-year average (56.2% per year).
Earnings vs Industry: 543377 earnings growth over the past year (99.7%) exceeded the Trade Distributors industry 23.4%.
Return on Equity
High ROE: 543377's Return on Equity (3.6%) is considered low.