Forbes Past Earnings Performance
Past criteria checks 2/6
Forbes has been growing earnings at an average annual rate of 50.1%, while the Consumer Durables industry saw earnings growing at 20.3% annually. Revenues have been declining at an average rate of 47.3% per year. Forbes's return on equity is 9.6%, and it has net margins of 10.5%.
Key information
50.1%
Earnings growth rate
50.1%
EPS growth rate
| Consumer Durables Industry Growth | 18.9% |
| Revenue growth rate | -47.3% |
| Return on equity | 9.6% |
| Net Margin | 10.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Forbes 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 24 | 1,694 | 177 | 142 | 0 |
| 30 Jun 24 | 1,503 | 129 | 150 | 0 |
| 31 Mar 24 | 1,259 | 189 | 152 | 0 |
| 31 Dec 23 | 4,520 | 311 | 1,560 | 0 |
| 30 Sep 23 | 4,406 | 162 | 1,558 | 0 |
| 30 Jun 23 | 4,269 | 620 | 1,510 | 0 |
| 31 Mar 23 | 467 | 1,793 | 224 | 0 |
| 31 Dec 22 | 4,565 | -701 | 1,591 | 0 |
| 30 Sep 22 | -6,632 | -696 | -692 | 0 |
| 30 Jun 22 | 5,065 | -1,683 | 1,687 | 0 |
| 31 Mar 22 | 5,147 | -3,226 | 1,759 | 0 |
| 31 Dec 21 | 30,751 | -797 | 5,989 | 0 |
| 30 Sep 21 | 30,794 | -727 | 5,998 | 0 |
| 30 Jun 21 | 29,842 | -277 | 5,998 | 0 |
| 31 Mar 21 | 9,324 | -512 | 2,193 | 0 |
| 31 Dec 20 | 24,117 | -2,037 | 6,435 | 0 |
| 30 Sep 20 | 24,122 | -2,139 | 6,653 | 0 |
| 30 Jun 20 | 24,657 | -3,740 | 6,908 | 0 |
| 31 Mar 20 | 27,308 | -3,214 | 7,110 | 0 |
| 31 Dec 19 | 28,514 | -1,659 | 7,090 | 0 |
| 30 Sep 19 | 28,671 | -1,164 | 7,669 | 0 |
| 30 Jun 19 | 28,868 | 238 | 7,708 | 0 |
| 31 Mar 19 | 28,533 | 70 | 7,165 | 0 |
| 31 Mar 18 | 28,225 | -194 | 7,773 | 0 |
| 31 Mar 17 | 29,986 | 845 | 7,776 | 0 |
| 31 Mar 16 | 31,999 | -586 | 7,828 | 0 |
| 31 Mar 15 | 35,461 | 314 | 11,443 | 0 |
| 31 Mar 14 | 30,672 | 383 | 11,445 | 0 |
Quality Earnings: 502865 has a high level of non-cash earnings.
Growing Profit Margin: 502865's current net profit margins (10.5%) are higher than last year (3.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 502865 has become profitable over the past 5 years, growing earnings by 50.1% per year.
Accelerating Growth: 502865's earnings growth over the past year (9.7%) is below its 5-year average (50.1% per year).
Earnings vs Industry: 502865 earnings growth over the past year (9.7%) did not outperform the Consumer Durables industry 16.6%.
Return on Equity
High ROE: 502865's Return on Equity (9.6%) is considered low.