Acknit Industries Past Earnings Performance
Past criteria checks 3/6
Acknit Industries has been growing earnings at an average annual rate of 14.9%, while the Luxury industry saw earnings growing at 20.4% annually. Revenues have been growing at an average rate of 7.3% per year. Acknit Industries's return on equity is 11.1%, and it has net margins of 3.9%.
Key information
14.9%
Earnings growth rate
14.9%
EPS growth rate
| Luxury Industry Growth | 17.6% |
| Revenue growth rate | 7.3% |
| Return on equity | 11.1% |
| Net Margin | 3.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Acknit Industries 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 | 2,344 | 91 | 96 | 0 |
| 30 Jun 24 | 2,280 | 90 | 77 | 0 |
| 31 Mar 24 | 2,207 | 86 | 93 | 0 |
| 31 Dec 23 | 2,052 | 77 | 82 | 0 |
| 30 Sep 23 | 2,068 | 80 | 80 | 0 |
| 30 Jun 23 | 2,140 | 82 | 79 | 0 |
| 31 Mar 23 | 2,385 | 90 | 78 | 0 |
| 31 Dec 22 | 2,504 | 91 | 74 | 0 |
| 30 Sep 22 | 2,605 | 94 | 73 | 0 |
| 30 Jun 22 | 2,535 | 92 | 66 | 0 |
| 31 Mar 22 | 2,157 | 79 | 68 | 0 |
| 31 Dec 21 | 2,013 | 72 | 63 | 0 |
| 30 Sep 21 | 1,893 | 68 | 62 | 0 |
| 30 Jun 21 | 1,833 | 66 | 58 | 0 |
| 31 Mar 21 | 1,734 | 58 | 57 | 0 |
| 31 Dec 20 | 1,626 | 52 | 63 | 0 |
| 30 Sep 20 | 1,585 | 42 | 62 | 0 |
| 30 Jun 20 | 1,610 | 41 | 63 | 0 |
| 31 Mar 20 | 1,715 | 44 | 65 | 0 |
| 31 Dec 19 | 1,804 | 50 | 68 | 0 |
| 30 Sep 19 | 1,824 | 48 | 68 | 0 |
| 30 Jun 19 | 1,731 | 41 | 61 | 0 |
| 31 Mar 19 | 1,738 | 47 | 66 | 0 |
| 31 Dec 18 | 1,665 | 43 | 64 | 0 |
| 30 Sep 18 | 1,609 | 41 | 61 | 0 |
| 30 Jun 18 | 1,584 | 37 | 59 | 0 |
| 31 Mar 18 | 1,621 | 30 | 57 | 0 |
| 31 Dec 17 | 1,603 | 25 | 56 | 0 |
| 30 Sep 17 | 1,620 | 30 | 55 | 0 |
| 30 Jun 17 | 1,632 | 33 | 54 | 0 |
| 31 Mar 17 | 1,606 | 32 | 53 | 0 |
| 31 Dec 16 | 1,579 | 31 | 62 | 0 |
| 30 Sep 16 | 1,607 | 30 | 63 | 0 |
| 30 Jun 16 | 1,634 | 31 | 46 | 0 |
| 31 Mar 16 | 1,603 | 30 | 58 | 0 |
| 31 Dec 15 | 1,583 | 32 | 90 | 0 |
| 30 Sep 15 | 1,485 | 29 | 85 | 0 |
| 30 Jun 15 | 1,440 | 26 | 84 | 0 |
| 31 Mar 15 | 1,487 | 30 | 30 | 0 |
| 31 Dec 14 | 1,480 | 27 | 75 | 0 |
| 30 Sep 14 | 1,495 | 27 | 73 | 0 |
| 30 Jun 14 | 1,454 | 27 | 24 | 0 |
| 31 Mar 14 | 1,342 | 25 | 70 | 0 |
| 31 Dec 13 | 1,221 | 25 | 61 | 0 |
Quality Earnings: 530043 has high quality earnings.
Growing Profit Margin: 530043's current net profit margins (3.9%) are higher than last year (3.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 530043's earnings have grown by 14.9% per year over the past 5 years.
Accelerating Growth: 530043's earnings growth over the past year (13.7%) is below its 5-year average (14.9% per year).
Earnings vs Industry: 530043 earnings growth over the past year (13.7%) did not outperform the Luxury industry 15.2%.
Return on Equity
High ROE: 530043's Return on Equity (11.1%) is considered low.