Jamaican Teas Past Earnings Performance
Past criteria checks 3/6
Jamaican Teas's earnings have been declining at an average annual rate of -6.3%, while the Food industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 13.5% per year. Jamaican Teas's return on equity is 6.2%, and it has net margins of 8.6%.
Key information
-6.3%
Earnings growth rate
-7.2%
EPS growth rate
| Food Industry Growth | 15.6% |
| Revenue growth rate | 13.5% |
| Return on equity | 6.2% |
| Net Margin | 8.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Jamaican Teas 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 | 2,872 | 247 | 441 | 0 |
| 30 Sep 23 | 2,697 | 228 | 411 | 0 |
| 30 Jun 23 | 2,696 | 199 | 415 | 0 |
| 31 Mar 23 | 2,629 | 109 | 382 | 0 |
| 31 Dec 22 | 2,538 | 113 | 368 | 0 |
| 30 Sep 22 | 2,469 | 194 | 373 | 0 |
| 30 Jun 22 | 2,340 | 266 | 318 | 0 |
| 31 Mar 22 | 2,222 | 357 | 299 | 0 |
| 31 Dec 21 | 2,256 | 385 | 296 | 0 |
| 30 Sep 21 | 2,270 | 393 | 267 | 0 |
| 30 Jun 21 | 2,533 | 450 | 282 | 0 |
| 31 Mar 21 | 2,508 | 443 | 284 | 0 |
| 31 Dec 20 | 2,372 | 311 | 277 | 0 |
| 30 Sep 20 | 2,195 | 222 | 276 | 0 |
| 30 Jun 20 | 1,694 | 261 | 284 | 0 |
| 31 Mar 20 | 1,505 | 271 | 285 | 0 |
| 31 Dec 19 | 1,346 | 374 | 276 | 0 |
| 30 Sep 19 | 1,291 | 396 | 257 | 0 |
| 30 Jun 19 | 1,431 | 286 | 227 | 0 |
| 31 Mar 19 | 1,553 | 207 | 227 | 0 |
| 31 Dec 18 | 1,689 | 196 | 214 | 0 |
| 30 Sep 18 | 1,767 | 199 | 215 | 0 |
| 30 Jun 18 | 1,717 | 176 | 246 | 0 |
| 31 Mar 18 | 1,700 | 198 | 226 | 0 |
| 31 Dec 17 | 1,636 | 200 | 218 | 0 |
| 30 Sep 17 | 1,554 | 195 | 206 | 0 |
| 30 Jun 17 | 1,529 | 201 | 185 | 0 |
| 31 Mar 17 | 1,421 | 166 | 179 | 0 |
| 31 Dec 16 | 1,316 | 156 | 175 | 0 |
| 30 Sep 16 | 1,287 | 147 | 168 | 0 |
| 30 Jun 16 | 1,339 | 99 | 164 | 0 |
| 31 Mar 16 | 1,351 | 99 | 161 | 0 |
| 31 Dec 15 | 1,362 | 87 | 159 | 0 |
| 30 Sep 15 | 1,336 | 72 | 159 | 0 |
| 30 Jun 15 | 1,244 | 61 | 152 | 0 |
| 31 Mar 15 | 1,220 | 59 | 150 | 0 |
| 31 Dec 14 | 1,187 | 55 | 143 | 0 |
| 30 Sep 14 | 1,143 | 53 | 141 | 0 |
| 30 Jun 14 | 1,271 | 80 | 125 | 0 |
| 31 Mar 14 | 1,228 | 79 | 120 | 0 |
| 31 Dec 13 | 1,228 | 89 | 117 | 0 |
| 30 Sep 13 | 1,226 | 93 | 116 | 0 |
| 30 Jun 13 | 1,032 | 85 | 115 | 0 |
Quality Earnings: JAMT has a large one-off gain of JMD120.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: JAMT's current net profit margins (8.6%) are higher than last year (4.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: JAMT's earnings have declined by 6.3% per year over the past 5 years.
Accelerating Growth: JAMT's earnings growth over the past year (119.2%) exceeds its 5-year average (-6.3% per year).
Earnings vs Industry: JAMT earnings growth over the past year (119.2%) exceeded the Food industry 27.9%.
Return on Equity
High ROE: JAMT's Return on Equity (6.2%) is considered low.