Mare Engineering Group Past Earnings Performance
Past criteria checks 2/6
Mare Engineering Group has been growing earnings at an average annual rate of 10.7%, while the Professional Services industry saw earnings growing at 14.6% annually. Revenues have been declining at an average rate of 4.9% per year. Mare Engineering Group's return on equity is 11.8%, and it has net margins of 10.3%.
Key information
10.7%
Earnings growth rate
-86.7%
EPS growth rate
| Professional Services Industry Growth | 30.0% |
| Revenue growth rate | -4.9% |
| Return on equity | 11.8% |
| Net Margin | 10.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Mare Engineering Group 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 | 28 | 3 | 2 | 0 |
| 31 Mar 24 | 28 | 3 | 2 | 0 |
| 31 Dec 23 | 28 | 2 | 2 | 0 |
| 30 Sep 23 | 29 | 3 | 2 | 0 |
| 30 Jun 23 | 30 | 4 | 3 | 0 |
| 31 Mar 23 | 29 | 4 | 3 | 0 |
| 31 Dec 22 | 28 | 4 | 3 | 0 |
| 31 Dec 21 | 19 | 2 | 1 | 0 |
| 31 Dec 20 | 17 | 2 | 0 | 0 |
Quality Earnings: MARE has high quality earnings.
Growing Profit Margin: MARE's current net profit margins (10.3%) are lower than last year (13.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MARE's earnings have grown by 10.7% per year over the past 5 years.
Accelerating Growth: MARE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MARE had negative earnings growth (-25.2%) over the past year, making it difficult to compare to the Professional Services industry average (-3.5%).
Return on Equity
High ROE: MARE's Return on Equity (11.8%) is considered low.