Avasara Finance Past Earnings Performance
Past criteria checks 3/6
Avasara Finance's earnings have been declining at an average annual rate of -20%, while the Diversified Financial industry saw earnings growing at 19.3% annually. Revenues have been declining at an average rate of 27.1% per year. Avasara Finance's return on equity is 2.9%, and it has net margins of 17.6%.
Key information
-20.0%
Earnings growth rate
-19.3%
EPS growth rate
| Diversified Financial Industry Growth | 18.9% |
| Revenue growth rate | -27.1% |
| Return on equity | 2.9% |
| Net Margin | 17.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Avasara Finance 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 | 4 | 1 | 2 | 0 |
| 30 Sep 23 | 3 | 0 | 2 | 0 |
| 30 Jun 23 | 3 | 0 | 2 | 0 |
| 31 Mar 23 | 3 | 0 | 2 | 0 |
| 31 Dec 22 | 2 | -2 | 0 | 0 |
| 30 Sep 22 | 2 | -2 | 1 | 0 |
| 30 Jun 22 | 2 | -4 | 2 | 0 |
| 31 Mar 22 | 2 | -4 | 2 | 0 |
| 31 Dec 21 | 2 | -3 | 1 | 0 |
| 30 Sep 21 | 2 | -3 | 2 | 0 |
| 30 Jun 21 | 3 | 0 | 2 | 0 |
| 31 Mar 21 | 6 | 3 | 2 | 0 |
| 31 Dec 20 | 9 | 4 | 3 | 0 |
| 30 Sep 20 | 11 | 5 | 4 | 0 |
| 30 Jun 20 | 11 | 5 | 5 | 0 |
| 31 Mar 20 | 10 | 2 | 7 | 0 |
| 31 Dec 19 | 13 | 3 | 9 | 0 |
| 30 Sep 19 | 11 | 0 | 9 | 0 |
| 30 Jun 19 | 9 | 0 | 7 | 0 |
| 31 Mar 19 | 6 | -1 | 5 | 0 |
| 31 Dec 18 | 0 | -3 | 3 | 0 |
| 30 Sep 18 | 1 | -1 | 1 | 0 |
| 30 Jun 18 | 1 | -1 | 1 | 0 |
| 31 Mar 18 | 0 | -2 | 0 | 0 |
| 31 Dec 17 | 1 | -1 | 1 | 0 |
| 30 Sep 17 | 1 | -1 | 1 | 0 |
| 30 Jun 17 | 1 | -1 | 0 | 0 |
| 31 Mar 17 | 1 | 0 | 1 | 0 |
| 31 Dec 16 | 1 | 0 | 0 | 0 |
| 30 Sep 16 | 1 | 0 | 0 | 0 |
| 30 Jun 16 | 1 | 0 | 0 | 0 |
| 31 Mar 16 | 1 | 0 | 1 | 0 |
| 31 Dec 15 | 3 | 2 | 0 | 0 |
| 30 Sep 15 | 3 | 2 | 0 | 0 |
| 30 Jun 15 | 1 | 2 | 0 | 0 |
| 31 Mar 15 | 3 | 2 | 0 | 0 |
| 31 Dec 14 | 0 | 0 | 0 | 0 |
| 30 Sep 14 | 0 | 0 | 0 | 0 |
| 30 Jun 14 | 0 | 0 | 0 | 0 |
| 31 Mar 14 | 0 | 0 | 0 | 0 |
| 31 Dec 13 | 2 | 0 | 1 | 0 |
| 30 Sep 13 | 0 | 0 | 0 | 0 |
Quality Earnings: 511730 has high quality earnings.
Growing Profit Margin: 511730 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 511730 has become profitable over the past 5 years, growing earnings by -20% per year.
Accelerating Growth: 511730 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 511730 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (15%).
Return on Equity
High ROE: 511730's Return on Equity (2.9%) is considered low.