Starts Proceed Investment Past Earnings Performance
Past criteria checks 3/6
Starts Proceed Investment has been growing earnings at an average annual rate of 1.7%, while the Residential REITs industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 1.8% per year. Starts Proceed Investment's return on equity is 5.4%, and it has net margins of 37.2%.
Key information
1.7%
Earnings growth rate
0.5%
EPS growth rate
| Residential REITs Industry Growth | 3.3% |
| Revenue growth rate | 1.8% |
| Return on equity | 5.4% |
| Net Margin | 37.2% |
| Last Earnings Update | 31 Oct 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Starts Proceed Investment 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 Oct 23 | 7,087 | 2,634 | 51 | 0 |
| 31 Jul 23 | 6,898 | 2,675 | 51 | 0 |
| 30 Apr 23 | 6,709 | 2,716 | 50 | 0 |
| 31 Jan 23 | 6,509 | 2,607 | 49 | 0 |
| 31 Oct 22 | 6,504 | 2,498 | 55 | 0 |
| 31 Jul 22 | 6,290 | 2,427 | 49 | 0 |
| 30 Apr 22 | 6,271 | 2,355 | 51 | 0 |
| 31 Oct 21 | 6,354 | 2,314 | 68 | 0 |
| 31 Jul 21 | 6,271 | 2,458 | 63 | 0 |
| 30 Apr 21 | 6,267 | 2,576 | 63 | 0 |
| 31 Oct 20 | 6,704 | 2,784 | 70 | 0 |
| 31 Jul 20 | 6,214 | 2,957 | 56 | 0 |
| 30 Apr 20 | 6,754 | 2,836 | 63 | 0 |
| 31 Jan 20 | 6,207 | 2,583 | 57 | 0 |
| 31 Oct 19 | 6,188 | 2,304 | 72 | 0 |
| 31 Jul 19 | 6,203 | 2,319 | 59 | 0 |
| 30 Apr 19 | 6,224 | 2,309 | 66 | 0 |
| 31 Jan 19 | 6,166 | 2,317 | 59 | 0 |
| 31 Oct 18 | 6,158 | 2,264 | 74 | 0 |
| 31 Jul 18 | 6,070 | 2,402 | 58 | 0 |
| 30 Apr 18 | 6,081 | 2,478 | 65 | 0 |
| 31 Jan 18 | 5,962 | 2,447 | 57 | 0 |
| 31 Oct 17 | 6,346 | 2,572 | 70 | 0 |
| 31 Jul 17 | 5,564 | 2,137 | 54 | 0 |
| 30 Apr 17 | 5,226 | 1,859 | 60 | 0 |
| 31 Jan 17 | 4,848 | 1,652 | 50 | 0 |
| 31 Oct 16 | 4,490 | 1,460 | 60 | 0 |
| 31 Jul 16 | 4,472 | 1,429 | 48 | 0 |
| 30 Apr 16 | 4,460 | 1,414 | 54 | 0 |
| 31 Jan 16 | 4,460 | 1,421 | 49 | 0 |
| 31 Oct 15 | 4,440 | 1,402 | 60 | 0 |
| 31 Jul 15 | 4,308 | 1,369 | 50 | 0 |
| 30 Apr 15 | 4,155 | 1,310 | 55 | 0 |
| 31 Oct 14 | 3,832 | 1,168 | 58 | 0 |
| 30 Apr 14 | 3,852 | 1,216 | 60 | 0 |
| 31 Oct 13 | 3,806 | 1,262 | 58 | 0 |
| 30 Apr 13 | 3,038 | 878 | 56 | 0 |
Quality Earnings: 8979 has high quality earnings.
Growing Profit Margin: 8979's current net profit margins (37.2%) are lower than last year (38.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8979's earnings have grown by 1.7% per year over the past 5 years.
Accelerating Growth: 8979's earnings growth over the past year (5.4%) exceeds its 5-year average (1.7% per year).
Earnings vs Industry: 8979 earnings growth over the past year (5.4%) did not outperform the Residential REITs industry 6.2%.
Return on Equity
High ROE: 8979's Return on Equity (5.4%) is considered low.