Racing Force Past Earnings Performance

Past criteria checks 2/6

Racing Force has been growing earnings at an average annual rate of 15.2%, while the Leisure industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 13.2% per year. Racing Force's return on equity is 8.9%, and it has net margins of 8.4%.

Key information

15.2%

Earnings growth rate

-9.2%

EPS growth rate

Leisure Industry Growth17.1%
Revenue growth rate13.2%
Return on equity8.9%
Net Margin8.4%
Last Earnings Update30 Jun 2024

Recent past performance updates

Racing Force's (BIT:RFG) Weak Earnings May Only Reveal A Part Of The Whole Picture

Apr 26
Racing Force's (BIT:RFG) Weak Earnings May Only Reveal A Part Of The Whole Picture

We Think That There Are Issues Underlying Racing Force's (BIT:RFG) Earnings

Apr 26
We Think That There Are Issues Underlying Racing Force's (BIT:RFG) Earnings

Recent updates

Racing Force's (BIT:RFG) Weak Earnings May Only Reveal A Part Of The Whole Picture

Apr 26
Racing Force's (BIT:RFG) Weak Earnings May Only Reveal A Part Of The Whole Picture

The Returns On Capital At Racing Force (BIT:RFG) Don't Inspire Confidence

Mar 15
The Returns On Capital At Racing Force (BIT:RFG) Don't Inspire Confidence

We Think That There Are Issues Underlying Racing Force's (BIT:RFG) Earnings

Apr 26
We Think That There Are Issues Underlying Racing Force's (BIT:RFG) Earnings

Racing Force S.P.A. (BIT:RFG) Annual Results: Here's What Analysts Are Forecasting For This Year

Apr 23
Racing Force S.P.A. (BIT:RFG) Annual Results: Here's What Analysts Are Forecasting For This Year

Revenue & Expenses Breakdown

How Racing Force makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BIT:RFG Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 24635300
31 Mar 24635300
31 Dec 23635300
30 Sep 23635290
30 Jun 23625290
31 Mar 23617270
31 Dec 22598260
30 Sep 22578250
30 Jun 22558230
31 Mar 22516220
31 Dec 21474200
30 Sep 21444190
30 Jun 21424170
31 Mar 21383160
31 Dec 20341160

Quality Earnings: RFG has high quality earnings.

Growing Profit Margin: RFG's current net profit margins (8.4%) are lower than last year (8.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: RFG's earnings have grown by 15.2% per year 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 (-3.2%) over the past year, making it difficult to compare to the Leisure industry average (11.3%).


Return on Equity

High ROE: RFG's Return on Equity (8.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 18:18
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Racing Force S.P.A. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Luigi De BellisEquita SIM S.p.A.
Domenico GhilottiEquita SIM S.p.A.
Corentin MartyTPICAP Midcap