Mare Engineering Group Past Earnings Performance
Past criteria checks 1/6
Mare Engineering Group has been growing earnings at an average annual rate of 17.5%, while the Professional Services industry saw earnings growing at 24.6% annually. Revenues have been growing at an average rate of 18.6% per year. Mare Engineering Group's return on equity is 12.7%, and it has net margins of 8.5%.
Key information
17.5%
Earnings growth rate
-36.6%
EPS growth rate
| Professional Services Industry Growth | 30.0% |
| Revenue growth rate | 18.6% |
| Return on equity | 12.7% |
| Net Margin | 8.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No 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 |
|---|---|---|---|---|
| 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 (8.5%) are lower than last year (13.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MARE's year-on-year earnings growth rate was positive 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 (-36.6%) over the past year, making it difficult to compare to the Professional Services industry average (-30.3%).
Return on Equity
High ROE: MARE's Return on Equity (12.7%) is considered low.