Gretex Industries Past Earnings Performance
Past criteria checks 5/6
Gretex Industries has been growing earnings at an average annual rate of 72.3%, while the Retail Distributors industry saw earnings growing at 22.5% annually. Revenues have been growing at an average rate of 23.8% per year. Gretex Industries's return on equity is 40.1%, and it has net margins of 28.6%.
Key information
72.3%
Earnings growth rate
72.3%
EPS growth rate
| Retail Distributors Industry Growth | 21.6% |
| Revenue growth rate | 23.8% |
| Return on equity | 40.1% |
| Net Margin | 28.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Gretex 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 |
|---|---|---|---|---|
| 31 Mar 24 | 347 | 99 | 16 | 0 |
| 31 Dec 23 | 317 | 53 | 17 | 0 |
| 30 Sep 23 | 275 | 9 | 17 | 0 |
| 30 Jun 23 | 251 | 8 | 16 | 0 |
| 31 Mar 23 | 227 | 6 | 16 | 0 |
| 31 Dec 22 | 212 | 8 | 14 | 0 |
| 30 Sep 22 | 196 | 9 | 12 | 0 |
| 30 Jun 22 | 163 | 7 | 10 | 0 |
| 31 Mar 22 | 131 | 5 | 9 | 0 |
| 30 Sep 21 | 119 | 11 | 7 | 0 |
| 30 Jun 21 | 108 | 7 | 6 | 0 |
| 31 Mar 21 | 96 | 2 | 6 | 0 |
| 30 Sep 20 | 79 | -8 | 7 | 0 |
| 30 Jun 20 | 95 | -5 | 8 | 0 |
| 31 Mar 20 | 111 | -1 | 9 | 0 |
| 30 Sep 19 | 124 | -2 | 9 | 0 |
| 30 Jun 19 | 133 | -1 | 9 | 0 |
| 31 Mar 19 | 142 | 0 | 8 | 0 |
| 31 Mar 18 | 80 | 1 | 4 | 0 |
| 31 Mar 17 | 24 | -16 | 2 | 0 |
| 31 Mar 16 | 37 | 2 | 3 | 0 |
| 31 Mar 15 | 39 | 3 | 3 | 0 |
| 31 Mar 14 | 2 | 0 | 0 | 0 |
Quality Earnings: GRETEX has a high level of non-cash earnings.
Growing Profit Margin: GRETEX's current net profit margins (28.6%) are higher than last year (2.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GRETEX's earnings have grown significantly by 72.3% per year over the past 5 years.
Accelerating Growth: GRETEX's earnings growth over the past year (1445.1%) exceeds its 5-year average (72.3% per year).
Earnings vs Industry: GRETEX earnings growth over the past year (1445.1%) exceeded the Retail Distributors industry 28.1%.
Return on Equity
High ROE: GRETEX's Return on Equity (40.1%) is considered outstanding.