Wedge Past Earnings Performance
Past criteria checks 2/6
Wedge's earnings have been declining at an average annual rate of -1.7%, while the Electronic industry saw earnings growing at 16.3% annually. Revenues have been declining at an average rate of 3.7% per year. Wedge's return on equity is 11.3%, and it has net margins of 2.6%.
Key information
-1.7%
Earnings growth rate
0.4%
EPS growth rate
| Electronic Industry Growth | 13.8% |
| Revenue growth rate | -3.7% |
| Return on equity | 11.3% |
| Net Margin | 2.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How Wedge 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 | 2,203 | 58 | 888 | 0 |
| 31 Dec 22 | 2,288 | 59 | 929 | 0 |
Quality Earnings: 252A has high quality earnings.
Growing Profit Margin: 252A's current net profit margins (2.6%) are higher than last year (2.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if 252A's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare 252A's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: 252A had negative earnings growth (-1.7%) over the past year, making it difficult to compare to the Electronic industry average (-3%).
Return on Equity
High ROE: 252A's Return on Equity (11.3%) is considered low.