ABS Marine Services Past Earnings Performance
Past criteria checks 6/6
ABS Marine Services has been growing earnings at an average annual rate of 61.3%, while the Infrastructure industry saw earnings growing at 34.4% annually. Revenues have been growing at an average rate of 7.8% per year. ABS Marine Services's return on equity is 20%, and it has net margins of 17.4%.
Key information
61.3%
Earnings growth rate
61.3%
EPS growth rate
| Infrastructure Industry Growth | 22.1% |
| Revenue growth rate | 7.8% |
| Return on equity | 20.0% |
| Net Margin | 17.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How ABS Marine 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 Mar 24 | 1,352 | 236 | 92 | 0 |
| 31 Mar 23 | 1,116 | 95 | 32 | 0 |
| 31 Mar 22 | 716 | 81 | 35 | 0 |
| 31 Mar 21 | 885 | 21 | 30 | 0 |
| 31 Mar 20 | 912 | -3 | 142 | 0 |
| 31 Mar 19 | 902 | -20 | 203 | 0 |
| 31 Mar 18 | 879 | -24 | 115 | 0 |
Quality Earnings: ABSMARINE has high quality earnings.
Growing Profit Margin: ABSMARINE's current net profit margins (17.4%) are higher than last year (8.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ABSMARINE has become profitable over the past 5 years, growing earnings by 61.3% per year.
Accelerating Growth: ABSMARINE's earnings growth over the past year (147.2%) exceeds its 5-year average (61.3% per year).
Earnings vs Industry: ABSMARINE earnings growth over the past year (147.2%) exceeded the Infrastructure industry 29.5%.
Return on Equity
High ROE: ABSMARINE's Return on Equity (20%) is considered high.