Future Energy Source Past Earnings Performance
Past criteria checks 3/6
Future Energy Source has been growing earnings at an average annual rate of 46.9%, while the Specialty Retail industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 40.7% per year. Future Energy Source's return on equity is 34.1%, and it has net margins of 2.2%.
Key information
46.9%
Earnings growth rate
45.4%
EPS growth rate
| Specialty Retail Industry Growth | 14.2% |
| Revenue growth rate | 40.7% |
| Return on equity | 34.1% |
| Net Margin | 2.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Future Energy Source 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 | 27,495 | 603 | 407 | 0 |
| 30 Sep 23 | 26,620 | 607 | 347 | 0 |
| 30 Jun 23 | 26,388 | 577 | 282 | 0 |
| 31 Mar 23 | 26,282 | 571 | 245 | 0 |
| 31 Dec 22 | 24,804 | 517 | 167 | 0 |
| 30 Sep 22 | 21,766 | 438 | 152 | 0 |
| 30 Jun 22 | 17,218 | 365 | 130 | 0 |
| 31 Mar 22 | 12,671 | 254 | 110 | 0 |
| 31 Dec 21 | 9,518 | 208 | 45 | 0 |
| 30 Sep 21 | 7,378 | 155 | 57 | 0 |
| 30 Jun 21 | 6,556 | 124 | 54 | 0 |
| 31 Mar 21 | 5,857 | 108 | 45 | 0 |
| 31 Dec 20 | 5,706 | 102 | 55 | 0 |
| 31 Mar 20 | 5,936 | 105 | 44 | 0 |
| 31 Mar 19 | 5,434 | 40 | 30 | 0 |
Quality Earnings: FESCO has a high level of non-cash earnings.
Growing Profit Margin: FESCO's current net profit margins (2.2%) are higher than last year (2.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FESCO's earnings have grown significantly by 46.9% per year over the past 5 years.
Accelerating Growth: FESCO's earnings growth over the past year (16.5%) is below its 5-year average (46.9% per year).
Earnings vs Industry: FESCO earnings growth over the past year (16.5%) exceeded the Specialty Retail industry 0.9%.
Return on Equity
High ROE: Whilst FESCO's Return on Equity (34.1%) is high, this metric is skewed due to their high level of debt.