Mindspace Business Parks REIT Past Earnings Performance
Past criteria checks 5/6
Mindspace Business Parks REIT has been growing earnings at an average annual rate of 25.9%, while the Office REITs industry saw earnings growing at 2.7% annually. Revenues have been growing at an average rate of 15.9% per year. Mindspace Business Parks REIT's return on equity is 3.8%, and it has net margins of 21%.
Key information
25.9%
Earnings growth rate
1.7%
EPS growth rate
| Office REITs Industry Growth | 4.8% |
| Revenue growth rate | 15.9% |
| Return on equity | 3.8% |
| Net Margin | 21.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Mindspace Business Parks REIT 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 Jun 24 | 25,074 | 5,257 | 819 | 0 |
| 31 Mar 24 | 24,624 | 5,250 | 781 | 0 |
| 31 Dec 23 | 24,132 | 3,775 | 717 | 0 |
| 30 Sep 23 | 23,640 | 3,556 | 691 | 0 |
| 30 Jun 23 | 24,111 | 2,929 | 706 | 0 |
| 31 Mar 23 | 23,016 | 2,836 | 664 | 0 |
| 31 Dec 22 | 22,053 | 4,387 | 618 | 0 |
| 30 Sep 22 | 20,871 | 4,590 | 568 | 0 |
| 30 Jun 22 | 18,261 | 5,007 | 495 | 0 |
| 31 Mar 22 | 17,620 | 4,238 | 490 | 0 |
| 31 Dec 21 | 17,299 | 4,124 | 496 | 0 |
| 30 Sep 21 | 17,200 | 4,068 | 469 | 0 |
| 30 Jun 21 | 15,731 | 3,492 | 466 | 0 |
| 31 Mar 21 | 11,522 | 3,074 | 353 | 0 |
| 30 Jun 20 | -4,413 | -992 | 47 | 0 |
| 31 Mar 20 | 0 | -147 | 75 | 0 |
| 31 Mar 19 | 16,778 | 4,789 | 84 | 0 |
| 31 Mar 18 | 14,992 | 1,483 | 74 | 0 |
| 31 Mar 17 | 14,149 | 2,075 | 111 | 0 |
Quality Earnings: 543217 has high quality earnings.
Growing Profit Margin: 543217's current net profit margins (21%) are higher than last year (12.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 543217's earnings have grown significantly by 25.9% per year over the past 5 years.
Accelerating Growth: 543217's earnings growth over the past year (79.5%) exceeds its 5-year average (25.9% per year).
Earnings vs Industry: 543217 earnings growth over the past year (79.5%) exceeded the Office REITs industry -5.2%.
Return on Equity
High ROE: 543217's Return on Equity (3.8%) is considered low.