Max Financial Services Past Earnings Performance
Past criteria checks 2/6
Max Financial Services has been growing earnings at an average annual rate of 12.6%, while the Insurance industry saw earnings growing at 10.8% annually. Revenues have been growing at an average rate of 15.1% per year. Max Financial Services's return on equity is 11.7%, and it has net margins of 1%.
Key information
12.6%
Earnings growth rate
4.8%
EPS growth rate
| Insurance Industry Growth | 8.5% |
| Revenue growth rate | 15.1% |
| Return on equity | 11.7% |
| Net Margin | 1.0% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Max Financial Services 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 | 416,469 | 4,300 | 39,148 | 0 |
| 30 Sep 23 | 381,860 | 5,064 | 37,510 | 0 |
| 30 Jun 23 | 373,195 | 4,098 | 36,185 | 0 |
| 31 Mar 23 | 314,239 | 3,785 | 34,496 | 0 |
| 31 Dec 22 | 304,576 | 4,503 | 30,263 | 0 |
| 30 Sep 22 | 285,140 | 3,002 | 30,103 | 0 |
| 30 Jun 22 | 285,188 | 2,885 | 29,808 | 0 |
| 31 Mar 22 | 311,860 | 2,534 | 29,341 | 0 |
| 31 Dec 21 | 320,118 | 1,980 | 30,217 | 0 |
| 30 Sep 21 | 340,473 | 2,990 | 29,070 | 0 |
| 30 Jun 21 | 317,138 | 3,157 | 30,224 | 0 |
| 31 Mar 21 | 313,142 | 4,254 | 28,226 | 0 |
| 31 Dec 20 | 257,376 | 3,270 | 23,671 | 0 |
| 30 Sep 20 | 221,130 | 2,564 | 22,708 | 0 |
| 30 Jun 20 | 198,103 | 2,421 | 23,363 | 0 |
| 31 Mar 20 | 182,103 | 1,450 | 22,243 | 0 |
| 31 Dec 19 | 211,247 | 3,121 | 22,644 | 0 |
| 30 Sep 19 | 202,620 | 2,461 | 21,680 | 0 |
| 30 Jun 19 | 198,932 | 2,866 | 21,576 | 0 |
| 31 Mar 19 | 195,126 | 2,626 | 18,904 | 0 |
| 31 Mar 18 | 163,378 | 2,864 | 16,121 | 0 |
| 31 Mar 17 | 152,373 | 3,954 | 11,879 | 0 |
| 31 Mar 16 | 106,832 | 2,527 | 8,719 | 0 |
| 31 Mar 15 | 148,338 | 2,796 | 12,939 | 0 |
| 31 Mar 14 | 116,696 | 1,384 | 18,165 | 0 |
Quality Earnings: 500271 has high quality earnings.
Growing Profit Margin: 500271's current net profit margins (1%) are lower than last year (1.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 500271's earnings have grown by 12.6% per year over the past 5 years.
Accelerating Growth: 500271's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 500271 had negative earnings growth (-4.5%) over the past year, making it difficult to compare to the Insurance industry average (11%).
Return on Equity
High ROE: 500271's Return on Equity (11.7%) is considered low.