Al Manara Islamic Insurance Past Earnings Performance
Past criteria checks 0/6
Al Manara Islamic Insurance's earnings have been declining at an average annual rate of -5.8%, while the Insurance industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 15.2% per year.
Key information
-5.8%
Earnings growth rate
-4.7%
EPS growth rate
| Insurance Industry Growth | 8.2% |
| Revenue growth rate | 15.2% |
| Return on equity | -13.4% |
| Net Margin | -5.8% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Al Manara Islamic Insurance 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 |
|---|---|---|---|---|
| 30 Sep 23 | 11 | -1 | 3 | 0 |
| 30 Jun 23 | 14 | 0 | 2 | 0 |
| 31 Mar 23 | 15 | 0 | 2 | 0 |
| 31 Dec 22 | 15 | 0 | 3 | 0 |
| 30 Sep 22 | 16 | 0 | 2 | 0 |
| 30 Jun 22 | 16 | -1 | 2 | 0 |
| 31 Mar 22 | 15 | -1 | 2 | 0 |
| 31 Dec 21 | 15 | -1 | 2 | 0 |
| 30 Sep 21 | 14 | 1 | 2 | 0 |
| 30 Jun 21 | 12 | 1 | 2 | 0 |
| 31 Mar 21 | 11 | 2 | 2 | 0 |
| 31 Dec 20 | 9 | 2 | 1 | 0 |
| 30 Sep 20 | 8 | 1 | 2 | 0 |
| 30 Jun 20 | 8 | 1 | 2 | 0 |
| 31 Mar 20 | 8 | 1 | 2 | 0 |
| 31 Dec 19 | 8 | 0 | 2 | 0 |
| 30 Sep 19 | 8 | 0 | 2 | 0 |
| 30 Jun 19 | 8 | 0 | 2 | 0 |
| 31 Mar 19 | 8 | 0 | 2 | 0 |
| 31 Dec 18 | 9 | -1 | 2 | 0 |
| 30 Sep 18 | 9 | -2 | 2 | 0 |
| 30 Jun 18 | 9 | -2 | 2 | 0 |
| 31 Mar 18 | 8 | -1 | 2 | 0 |
| 31 Dec 17 | 8 | -1 | 2 | 0 |
| 30 Sep 17 | 8 | -1 | 2 | 0 |
| 30 Jun 17 | 7 | -1 | 2 | 0 |
| 31 Mar 17 | 7 | 0 | 2 | 0 |
| 31 Dec 16 | 7 | 0 | 2 | 0 |
| 30 Sep 16 | 7 | 0 | 2 | 0 |
| 30 Jun 16 | 7 | 0 | 2 | 0 |
| 31 Mar 16 | 8 | 0 | 2 | 0 |
| 31 Dec 15 | 9 | 0 | 2 | 0 |
| 30 Sep 15 | 9 | -1 | 2 | 0 |
| 30 Jun 15 | 9 | -1 | 2 | 0 |
| 31 Mar 15 | 10 | -1 | 1 | 0 |
| 31 Dec 14 | 9 | -1 | 1 | 0 |
| 30 Sep 14 | 9 | 0 | 1 | 0 |
| 30 Jun 14 | 9 | 1 | 1 | 0 |
| 31 Mar 14 | 10 | 1 | 1 | 0 |
| 31 Dec 13 | 10 | 0 | 1 | 0 |
| 30 Sep 13 | 10 | -1 | 1 | 0 |
| 30 Jun 13 | 9 | -3 | 1 | 0 |
Quality Earnings: MIIC is currently unprofitable.
Growing Profit Margin: MIIC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIIC is unprofitable, and losses have increased over the past 5 years at a rate of 5.8% per year.
Accelerating Growth: Unable to compare MIIC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MIIC is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (20.7%).
Return on Equity
High ROE: MIIC has a negative Return on Equity (-13.42%), as it is currently unprofitable.