National Cleaning Company K.P.S.C Past Earnings Performance
Past criteria checks 1/6
National Cleaning Company K.P.S.C's earnings have been declining at an average annual rate of -42.6%, while the Commercial Services industry saw earnings growing at 10.6% annually. Revenues have been declining at an average rate of 3.4% per year. National Cleaning Company K.P.S.C's return on equity is 1.4%, and it has net margins of 1.3%.
Key information
-42.6%
Earnings growth rate
-42.5%
EPS growth rate
| Commercial Services Industry Growth | 12.2% |
| Revenue growth rate | -3.4% |
| Return on equity | 1.4% |
| Net Margin | 1.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How National Cleaning Company K.P.S.C 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 | 35 | 0 | 4 | 0 |
| 30 Sep 23 | 34 | -1 | 3 | 0 |
| 30 Jun 23 | 35 | -1 | 4 | 0 |
| 31 Mar 23 | 36 | -2 | 4 | 0 |
| 31 Dec 22 | 35 | -3 | 4 | 0 |
| 30 Sep 22 | 35 | -4 | 4 | 0 |
| 30 Jun 22 | 34 | -4 | 3 | 0 |
| 31 Mar 22 | 34 | -3 | 3 | 0 |
| 31 Dec 21 | 35 | -2 | 3 | 0 |
| 30 Sep 21 | 35 | -2 | 3 | 0 |
| 30 Jun 21 | 35 | -2 | 4 | 0 |
| 31 Mar 21 | 35 | -3 | 4 | 0 |
| 31 Dec 20 | 36 | -2 | 4 | 0 |
| 30 Sep 20 | 40 | -1 | 4 | 0 |
| 30 Jun 20 | 40 | 0 | 4 | 0 |
| 31 Mar 20 | 41 | 1 | 4 | 0 |
| 31 Dec 19 | 39 | 2 | 4 | 0 |
| 30 Sep 19 | 39 | 2 | 3 | 0 |
| 30 Jun 19 | 39 | 2 | 3 | 0 |
| 31 Mar 19 | 39 | 2 | 3 | 0 |
| 31 Dec 18 | 39 | 1 | 3 | 0 |
| 30 Sep 18 | 39 | 1 | 3 | 0 |
| 30 Jun 18 | 40 | 2 | 3 | 0 |
| 31 Mar 18 | 43 | 1 | 3 | 0 |
| 31 Dec 17 | 44 | 1 | 3 | 0 |
| 30 Sep 17 | 43 | 1 | 3 | 0 |
| 30 Jun 17 | 42 | 1 | 2 | 0 |
| 31 Mar 17 | 42 | 0 | 3 | 0 |
| 31 Dec 16 | 41 | 0 | 2 | 0 |
| 30 Sep 16 | 41 | 1 | 3 | 0 |
| 30 Jun 16 | 42 | 0 | 3 | 0 |
| 31 Mar 16 | 41 | 0 | 3 | 0 |
| 31 Dec 15 | 40 | 0 | 3 | 0 |
| 30 Sep 15 | 39 | 0 | 2 | 0 |
| 30 Jun 15 | 39 | 0 | 3 | 0 |
| 31 Mar 15 | 40 | 0 | 3 | 0 |
| 31 Dec 14 | 40 | 1 | 3 | 0 |
| 30 Sep 14 | 38 | 0 | 2 | 0 |
| 30 Jun 14 | 37 | 1 | 2 | 0 |
| 31 Mar 14 | 36 | 1 | 3 | 0 |
| 31 Dec 13 | 36 | 2 | 3 | 0 |
| 30 Sep 13 | 37 | 3 | 3 | 0 |
| 30 Jun 13 | 38 | 4 | 3 | 0 |
Quality Earnings: CLEANING has a large one-off gain of KWD1.4M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CLEANING became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CLEANING's earnings have declined by 42.6% per year over the past 5 years.
Accelerating Growth: CLEANING has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CLEANING has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (7.2%).
Return on Equity
High ROE: CLEANING's Return on Equity (1.4%) is considered low.