Reetech International Cargo and Courier Past Earnings Performance
Past criteria checks 2/6
Reetech International Cargo and Courier has been growing earnings at an average annual rate of 36.2%, while the Trade Distributors industry saw earnings growing at 27.7% annually. Revenues have been declining at an average rate of 44.1% per year. Reetech International Cargo and Courier's return on equity is 17%, and it has net margins of 3.3%.
Key information
36.2%
Earnings growth rate
34.3%
EPS growth rate
| Trade Distributors Industry Growth | 27.3% |
| Revenue growth rate | -44.1% |
| Return on equity | 17.0% |
| Net Margin | 3.3% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Reetech International Cargo and Courier 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 | 789 | 26 | 7 | 0 |
| 30 Jun 23 | 1,221 | 17 | 8 | 0 |
| 31 Mar 23 | 1,653 | 9 | 8 | 0 |
| 31 Mar 22 | 1,167 | 44 | 3 | 0 |
| 31 Mar 21 | 184 | 4 | 0 | 0 |
| 31 Mar 20 | 0 | 1 | 0 | 0 |
| 31 Mar 19 | 0 | 0 | 0 | 0 |
| 31 Mar 18 | 0 | 0 | 0 | 0 |
| 31 Mar 17 | 0 | 0 | 0 | 0 |
Quality Earnings: 543617 has a high level of non-cash earnings.
Growing Profit Margin: 543617's current net profit margins (3.3%) are higher than last year (1.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 543617 has become profitable over the past 5 years, growing earnings by 36.2% per year.
Accelerating Growth: 543617's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 543617 had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the Trade Distributors industry average (28.2%).
Return on Equity
High ROE: 543617's Return on Equity (17%) is considered low.