Tropical Battery Past Earnings Performance
Past criteria checks 2/6
Tropical Battery has been growing earnings at an average annual rate of 36.6%, while the Retail Distributors industry saw earnings growing at 16.9% annually. Revenues have been growing at an average rate of 16.6% per year. Tropical Battery's return on equity is 14.4%, and it has net margins of 5.2%.
Key information
36.6%
Earnings growth rate
30.2%
EPS growth rate
| Retail Distributors Industry Growth | 14.9% |
| Revenue growth rate | 16.6% |
| Return on equity | 14.4% |
| Net Margin | 5.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Tropical Battery 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 | 2,961 | 155 | 612 | 0 |
| 30 Sep 23 | 2,802 | 135 | 609 | 0 |
| 30 Jun 23 | 2,799 | 177 | 581 | 0 |
| 31 Mar 23 | 2,678 | 204 | 543 | 0 |
| 31 Dec 22 | 2,613 | 185 | 523 | 0 |
| 30 Sep 22 | 2,625 | 197 | 493 | 0 |
| 30 Jun 22 | 2,508 | 173 | 489 | 0 |
| 31 Mar 22 | 2,367 | 144 | 472 | 0 |
| 31 Dec 21 | 2,208 | 126 | 441 | 0 |
| 30 Sep 21 | 1,997 | 88 | 431 | 0 |
| 30 Jun 21 | 1,954 | 65 | 416 | 0 |
| 31 Mar 21 | 1,853 | 45 | 406 | 0 |
| 31 Dec 20 | 1,820 | 33 | 420 | 0 |
| 30 Sep 20 | 1,867 | 29 | 427 | 0 |
| 30 Jun 20 | 1,854 | 37 | 415 | 0 |
| 30 Sep 19 | 1,743 | 63 | 379 | 0 |
| 30 Sep 18 | 1,469 | 31 | 375 | 0 |
| 30 Sep 17 | 1,283 | 58 | 325 | 0 |
| 30 Sep 16 | 1,195 | 20 | 305 | 0 |
| 30 Sep 15 | 1,006 | -66 | 248 | 0 |
Quality Earnings: TROPICAL has high quality earnings.
Growing Profit Margin: TROPICAL's current net profit margins (5.2%) are lower than last year (7.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TROPICAL's earnings have grown significantly by 36.6% per year over the past 5 years.
Accelerating Growth: TROPICAL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TROPICAL had negative earnings growth (-15.9%) over the past year, making it difficult to compare to the Retail Distributors industry average (3.7%).
Return on Equity
High ROE: TROPICAL's Return on Equity (14.4%) is considered low.