Racing Force Past Earnings Performance
Past criteria checks 0/6
Racing Force has been growing earnings at an average annual rate of 23.1%, while the Leisure industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 19.5% per year. Racing Force's return on equity is 9.9%, and it has net margins of 7.7%.
Key information
23.1%
Earnings growth rate
n/a
EPS growth rate
| Leisure Industry Growth | 17.1% |
| Revenue growth rate | 19.5% |
| Return on equity | 9.9% |
| Net Margin | 7.7% |
| Next Earnings Update | 24 Sep 2024 |
Recent past performance updates
Racing Force's (BIT:RFG) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 26
We Think That There Are Issues Underlying Racing Force's (BIT:RFG) Earnings
Apr 26Recent updates
Racing Force's (BIT:RFG) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 26The Returns On Capital At Racing Force (BIT:RFG) Don't Inspire Confidence
Mar 15We Think That There Are Issues Underlying Racing Force's (BIT:RFG) Earnings
Apr 26Racing Force S.P.A. (BIT:RFG) Annual Results: Here's What Analysts Are Forecasting For This Year
Apr 23Revenue & Expenses BreakdownBeta
How Racing Force 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 | 63 | 5 | 30 | 0 |
| 30 Sep 23 | 63 | 5 | 29 | 0 |
| 30 Jun 23 | 62 | 5 | 29 | 0 |
| 31 Mar 23 | 61 | 7 | 27 | 0 |
| 31 Dec 22 | 59 | 8 | 26 | 0 |
| 30 Sep 22 | 57 | 8 | 25 | 0 |
| 30 Jun 22 | 55 | 8 | 23 | 0 |
| 31 Mar 22 | 51 | 6 | 22 | 0 |
| 31 Dec 21 | 47 | 4 | 20 | 0 |
| 30 Sep 21 | 44 | 4 | 19 | 0 |
| 30 Jun 21 | 42 | 4 | 17 | 0 |
| 31 Mar 21 | 38 | 3 | 16 | 0 |
| 31 Dec 20 | 34 | 1 | 16 | 0 |
Quality Earnings: RFG has a high level of non-cash earnings.
Growing Profit Margin: RFG's current net profit margins (7.7%) are lower than last year (12.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if RFG's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: RFG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RFG had negative earnings growth (-36.5%) over the past year, making it difficult to compare to the Leisure industry average (-2.1%).
Return on Equity
High ROE: RFG's Return on Equity (9.9%) is considered low.