LANDNET Past Earnings Performance
Past criteria checks 4/6
LANDNET has been growing earnings at an average annual rate of 14.5%, while the Real Estate industry saw earnings growing at 8.7% annually. Revenues have been growing at an average rate of 17.1% per year. LANDNET's return on equity is 20.7%, and it has net margins of 2.4%.
Key information
14.5%
Earnings growth rate
8.6%
EPS growth rate
| Real Estate Industry Growth | 5.9% |
| Revenue growth rate | 17.1% |
| Return on equity | 20.7% |
| Net Margin | 2.4% |
| Next Earnings Update | 09 Dec 2024 |
Recent past performance updates
Recent updates
Market Might Still Lack Some Conviction On LANDNET Inc. (TSE:2991) Even After 31% Share Price Boost
Nov 08
Is LANDNET (TSE:2991) Using Too Much Debt?
Oct 18Additional Considerations Required While Assessing LANDNET's (TSE:2991) Strong Earnings
Sep 16LANDNET Inc. (TSE:2991) Stock Catapults 29% Though Its Price And Business Still Lag The Market
Sep 04There Might Be More To LANDNET's (TSE:2991) Story Than Just Weak Earnings
Mar 15Revenue & Expenses Breakdown
How LANDNET 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 Jul 24 | 77,790 | 1,840 | 9,087 | 0 |
| 30 Apr 24 | 72,506 | 1,173 | 8,536 | 0 |
| 31 Jan 24 | 69,233 | 1,000 | 8,107 | 0 |
| 31 Oct 23 | 67,067 | 972 | 7,811 | 0 |
| 31 Jul 23 | 63,647 | 988 | 7,431 | 0 |
| 30 Apr 23 | 60,770 | 970 | 7,097 | 0 |
| 31 Jan 23 | 59,131 | 1,163 | 6,730 | 0 |
| 31 Oct 22 | 54,468 | 958 | 6,400 | 0 |
| 31 Jul 22 | 51,870 | 955 | 5,934 | 0 |
| 30 Apr 22 | 47,924 | 826 | 5,612 | 0 |
| 31 Jul 21 | 41,163 | 746 | 4,671 | 0 |
| 31 Jul 20 | 35,773 | 594 | 3,968 | 0 |
| 31 Jul 19 | 30,152 | 773 | 3,411 | 0 |
Quality Earnings: 2991 has a high level of non-cash earnings.
Growing Profit Margin: 2991's current net profit margins (2.4%) are higher than last year (1.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2991's earnings have grown by 14.5% per year over the past 5 years.
Accelerating Growth: 2991's earnings growth over the past year (86.2%) exceeds its 5-year average (14.5% per year).
Earnings vs Industry: 2991 earnings growth over the past year (86.2%) exceeded the Real Estate industry 15.9%.
Return on Equity
High ROE: Whilst 2991's Return on Equity (20.73%) is high, this metric is skewed due to their high level of debt.