MPC Caribbean Clean Energy Past Earnings Performance
Past criteria checks 3/6
MPC Caribbean Clean Energy's earnings have been declining at an average annual rate of -14.8%, while the Renewable Energy industry saw earnings growing at 7.1% annually. Revenues have been declining at an average rate of 18.5% per year. MPC Caribbean Clean Energy's return on equity is 7.9%, and it has net margins of 87.3%.
Key information
-14.8%
Earnings growth rate
-10.8%
EPS growth rate
| Renewable Energy Industry Growth | 12.6% |
| Revenue growth rate | -18.5% |
| Return on equity | 7.9% |
| Net Margin | 87.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How MPC Caribbean Clean Energy 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 | 2 | 0 | 0 |
| 30 Sep 23 | -2 | -2 | 0 | 0 |
| 30 Jun 23 | -2 | -2 | 0 | 0 |
| 31 Mar 23 | -2 | -2 | 0 | 0 |
| 31 Dec 22 | -2 | -2 | 0 | 0 |
| 30 Sep 22 | 1 | 1 | 0 | 0 |
| 30 Jun 22 | 1 | 1 | 0 | 0 |
| 31 Mar 22 | 1 | 1 | 0 | 0 |
| 31 Dec 21 | 1 | 1 | 0 | 0 |
| 30 Sep 21 | 0 | 0 | 0 | 0 |
| 30 Jun 21 | 0 | 0 | 0 | 0 |
| 31 Mar 21 | 0 | 0 | 0 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
| 30 Sep 20 | 0 | 0 | 0 | 0 |
| 30 Jun 20 | 0 | 0 | 0 | 0 |
| 31 Mar 20 | 0 | 0 | 0 | 0 |
| 31 Dec 19 | 0 | 0 | 0 | 0 |
| 30 Sep 19 | 0 | 0 | 0 | 0 |
| 30 Jun 19 | 0 | 0 | 0 | 0 |
| 31 Mar 19 | 0 | 0 | 0 | 0 |
| 31 Dec 18 | 0 | 0 | 0 | 0 |
Quality Earnings: MPCCEL has high quality earnings.
Growing Profit Margin: MPCCEL became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MPCCEL has become profitable over the past 5 years, growing earnings by -14.8% per year.
Accelerating Growth: MPCCEL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MPCCEL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-15%).
Return on Equity
High ROE: MPCCEL's Return on Equity (7.9%) is considered low.