Solus Advanced Materials Past Earnings Performance
Past criteria checks 2/6
Solus Advanced Materials has been growing earnings at an average annual rate of 78.5%, while the Electronic industry saw earnings growing at 17.8% annually. Revenues have been growing at an average rate of 9.3% per year. Solus Advanced Materials's return on equity is 12.9%, and it has net margins of 44.3%.
Key information
78.5%
Earnings growth rate
77.2%
EPS growth rate
| Electronic Industry Growth | 21.6% |
| Revenue growth rate | 9.3% |
| Return on equity | 12.9% |
| Net Margin | 44.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Solus Advanced Materials 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 | 437,955 | 193,837 | 68,773 | 7,516 |
| 31 Dec 23 | 429,422 | 178,811 | 68,783 | 7,531 |
| 30 Sep 23 | 422,178 | 144,237 | 70,039 | 6,992 |
| 30 Jun 23 | 410,146 | -38,239 | 70,050 | 8,467 |
| 31 Mar 23 | 418,858 | -23,203 | 69,296 | 9,168 |
| 31 Dec 22 | 418,286 | -11,423 | 61,719 | 9,039 |
| 30 Sep 22 | 416,120 | 2,108 | 58,526 | 8,327 |
| 30 Jun 22 | 421,440 | 11,729 | 55,935 | 6,481 |
| 31 Mar 22 | 403,772 | 12,749 | 53,775 | 6,230 |
| 31 Dec 21 | 380,331 | 13,920 | 56,356 | 6,164 |
| 30 Sep 21 | 355,605 | -9,631 | 55,013 | 6,269 |
| 30 Jun 21 | 325,077 | -14,574 | 51,307 | 7,583 |
| 31 Mar 21 | 307,998 | -13,953 | 49,720 | 8,345 |
| 31 Dec 20 | 290,163 | -10,579 | 48,052 | 7,857 |
| 31 Dec 19 | 279,979 | 17,227 | 45,831 | 2,268 |
Quality Earnings: A33637L has a high level of non-cash earnings.
Growing Profit Margin: A33637L became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: A33637L's earnings have grown significantly by 78.5% per year over the past 5 years.
Accelerating Growth: A33637L has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: A33637L has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-6.2%).
Return on Equity
High ROE: A33637L's Return on Equity (12.9%) is considered low.