National Cleaning Company K.P.S.C Past Earnings Performance
Past criteria checks 2/6
National Cleaning Company K.P.S.C's earnings have been declining at an average annual rate of -2.8%, while the Commercial Services industry saw earnings growing at 10.4% annually. Revenues have been declining at an average rate of 2.5% per year. National Cleaning Company K.P.S.C's return on equity is 6.3%, and it has net margins of 5.1%.
Key information
-2.8%
Earnings growth rate
-2.7%
EPS growth rate
| Commercial Services Industry Growth | 12.2% |
| Revenue growth rate | -2.5% |
| Return on equity | 6.3% |
| Net Margin | 5.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 37 | 2 | 5 | 0 |
| 30 Jun 24 | 35 | 1 | 4 | 0 |
| 31 Mar 24 | 35 | 1 | 4 | 0 |
| 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 |
Quality Earnings: CLEANING has a large one-off gain of KWD2.5M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: CLEANING became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CLEANING has become profitable over the past 5 years, growing earnings by -2.8% per year.
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 (6.4%).
Return on Equity
High ROE: CLEANING's Return on Equity (6.3%) is considered low.