MICREEDLtd Past Earnings Performance
Past criteria checks 5/6
MICREEDLtd has been growing earnings at an average annual rate of 40.9%, while the Consumer Retailing industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 12.7% per year. MICREEDLtd's return on equity is 18.8%, and it has net margins of 3.7%.
Key information
40.9%
Earnings growth rate
38.9%
EPS growth rate
| Consumer Retailing Industry Growth | 7.8% |
| Revenue growth rate | 12.7% |
| Return on equity | 18.8% |
| Net Margin | 3.7% |
| Next Earnings Update | 31 Jul 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How MICREEDLtd 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 Mar 24 | 5,936 | 222 | 1,720 | 0 |
| 31 Dec 23 | 5,738 | 231 | 1,565 | 0 |
| 30 Sep 23 | 5,443 | 196 | 1,509 | 0 |
| 30 Jun 23 | 5,032 | 159 | 1,413 | 0 |
| 31 Mar 23 | 4,668 | 134 | 1,319 | 0 |
| 31 Dec 22 | 4,162 | 87 | 1,208 | 0 |
| 30 Sep 22 | 3,918 | 63 | 1,158 | 0 |
| 30 Jun 22 | 3,462 | 17 | 1,082 | 0 |
| 31 Mar 22 | 3,029 | -37 | 1,012 | 0 |
| 31 Dec 21 | 2,895 | -63 | 1,001 | 0 |
| 30 Sep 21 | 2,722 | -88 | 981 | 0 |
| 30 Jun 21 | 2,897 | -65 | 1,014 | 0 |
| 31 Mar 21 | 2,782 | -85 | 1,005 | 0 |
| 31 Dec 20 | 3,069 | -49 | 1,068 | 0 |
| 31 Mar 20 | 4,073 | 105 | 1,160 | 0 |
| 31 Mar 19 | 4,061 | 110 | 1,224 | 0 |
| 31 Mar 18 | 4,038 | 34 | 1,132 | 0 |
Quality Earnings: 7687 has high quality earnings.
Growing Profit Margin: 7687's current net profit margins (3.7%) are higher than last year (2.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 7687's earnings have grown significantly by 40.9% per year over the past 5 years.
Accelerating Growth: 7687's earnings growth over the past year (65.7%) exceeds its 5-year average (40.9% per year).
Earnings vs Industry: 7687 earnings growth over the past year (65.7%) exceeded the Consumer Retailing industry 26.5%.
Return on Equity
High ROE: 7687's Return on Equity (18.8%) is considered low.