Ras Resorts and Apart Hotels Past Earnings Performance
Past criteria checks 2/6
Ras Resorts and Apart Hotels's earnings have been declining at an average annual rate of -15.8%, while the Hospitality industry saw earnings growing at 32.9% annually. Revenues have been growing at an average rate of 9.8% per year. Ras Resorts and Apart Hotels's return on equity is 0.01%, and it has net margins of 0.02%.
Key information
-15.8%
Earnings growth rate
-15.6%
EPS growth rate
| Hospitality Industry Growth | 30.2% |
| Revenue growth rate | 9.8% |
| Return on equity | 0.01% |
| Net Margin | 0.02% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ras Resorts and Apart Hotels 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 |
|---|---|---|---|---|
| 31 Dec 23 | 129 | 0 | -3 | 0 |
| 30 Sep 23 | 130 | 8 | -3 | 0 |
| 30 Jun 23 | 127 | 2 | -3 | 0 |
| 31 Mar 23 | 129 | 0 | 2 | 0 |
| 31 Dec 22 | 116 | -2 | 64 | 0 |
| 30 Sep 22 | 108 | -6 | 43 | 0 |
| 30 Jun 22 | 99 | 0 | 25 | 0 |
| 31 Mar 22 | 78 | 2 | 2 | 0 |
| 31 Dec 21 | 69 | 1 | 2 | 0 |
| 30 Sep 21 | 59 | 0 | 2 | 0 |
| 30 Jun 21 | 53 | -1 | 2 | 0 |
| 31 Mar 21 | 45 | -4 | 1 | 0 |
| 31 Dec 20 | 50 | -4 | 3 | 0 |
| 30 Sep 20 | 59 | -3 | 3 | 0 |
| 30 Jun 20 | 66 | -5 | 0 | 0 |
| 31 Mar 20 | 89 | 1 | 3 | 0 |
| 31 Dec 19 | 96 | 3 | 3 | 0 |
| 30 Sep 19 | 94 | 2 | 3 | 0 |
| 30 Jun 19 | 96 | 5 | 3 | 0 |
| 31 Mar 19 | 92 | 4 | 3 | 0 |
| 31 Dec 18 | 88 | 7 | 3 | 0 |
| 30 Sep 18 | 85 | 7 | 3 | 0 |
| 30 Jun 18 | 77 | 3 | 3 | 0 |
| 31 Mar 18 | 76 | 3 | 3 | 0 |
| 31 Dec 17 | 75 | 1 | 3 | 0 |
| 30 Sep 17 | 78 | 2 | 3 | 0 |
| 30 Jun 17 | 85 | 6 | 0 | 0 |
| 31 Mar 17 | 86 | 6 | 3 | 0 |
| 31 Dec 16 | 88 | 5 | 3 | 0 |
| 30 Sep 16 | 89 | 6 | 3 | 0 |
| 30 Jun 16 | 87 | 5 | 0 | 0 |
| 31 Mar 16 | 86 | 5 | 3 | 0 |
| 31 Dec 15 | 85 | 9 | 16 | 0 |
| 30 Sep 15 | 84 | 9 | 16 | 0 |
| 30 Jun 15 | 81 | 6 | 0 | 0 |
| 31 Mar 15 | 76 | 2 | 3 | 0 |
| 31 Dec 14 | 72 | -5 | 18 | 0 |
| 30 Sep 14 | 70 | -3 | 18 | 0 |
| 30 Jun 14 | 70 | -4 | 0 | 0 |
| 31 Mar 14 | 70 | -2 | 18 | 0 |
| 31 Dec 13 | 74 | -2 | 19 | 0 |
| 30 Sep 13 | 74 | -1 | 19 | 0 |
| 30 Jun 13 | 76 | 2 | 19 | 0 |
Quality Earnings: 507966 has high quality earnings.
Growing Profit Margin: 507966 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 507966's earnings have declined by 15.8% per year over the past 5 years.
Accelerating Growth: 507966 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 507966 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (28.9%).
Return on Equity
High ROE: 507966's Return on Equity (0.01%) is considered low.