LVL Energy Fund Past Earnings Performance

Past criteria checks 2/6

LVL Energy Fund's earnings have been declining at an average annual rate of -16.6%, while the Renewable Energy industry saw earnings declining at 2% annually. Revenues have been growing at an average rate of 3% per year. LVL Energy Fund's return on equity is 12.2%, and it has net margins of 116.8%.

Key information

-16.6%

Earnings growth rate

-17.2%

EPS growth rate

Renewable Energy Industry Growth	-1.2%
Revenue growth rate	3.0%
Return on equity	12.2%
Net Margin	116.8%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How LVL Energy Fund makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

COSE:LVEF.N0000 Revenue, expenses and earnings (LKR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	554	647	0
31 Mar 24	486	-97	0
31 Dec 23	385	-455	0
30 Sep 23	319	1,341	0
30 Jun 23	318	-62	-1
31 Mar 23	301	-263	1
31 Dec 22	268	327	3
30 Sep 22	332	-1,302	5
30 Jun 22	401	182	9
31 Mar 22	438	658	9
31 Dec 21	467	544	9
30 Sep 21	429	597	8
30 Jun 21	399	631	8
31 Mar 21	350	633	8
31 Dec 20	317	633	8
30 Sep 20	362	551	9
30 Jun 20	355	466	9
31 Mar 20	345	375	9
31 Dec 19	386	337	9
30 Sep 19	346	365	9
30 Jun 19	366	419	8
31 Mar 19	430	516	8
31 Dec 18	397	484	7
30 Sep 18	409	517	7
30 Jun 18	397	473	7
31 Mar 18	349	399	7
31 Dec 17	334	392	7
30 Sep 17	247	328	7
30 Jun 17	228	315	7
31 Mar 17	237	431	7
31 Mar 16	279	296	1
31 Mar 15	282	261	0

Quality Earnings: LVEF.N0000 has high quality earnings.

Growing Profit Margin: LVEF.N0000 became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: LVEF.N0000's earnings have declined by 16.6% per year over the past 5 years.

Accelerating Growth: LVEF.N0000 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: LVEF.N0000 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (67.8%).

LVL Energy Fund Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

First quarter 2025 earnings released: EPS: LK₨0.50 (vs LK₨0.13 loss in 1Q 2024)

Full year 2024 earnings released: EPS: LK₨0.45 (vs LK₨0.45 loss in FY 2023)

Third quarter 2024 earnings released: LK₨0.20 loss per share (vs LK₨2.89 profit in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨0.24 (vs LK₨2.17 loss in 2Q 2023)

First quarter 2024 earnings released: LK₨0.13 loss per share (vs LK₨0.47 loss in 1Q 2023)

Full year 2023 earnings released: LK₨0.07 loss per share (vs LK₨1.13 profit in FY 2022)

Recent updates

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 16%

First quarter 2025 earnings released: EPS: LK₨0.50 (vs LK₨0.13 loss in 1Q 2024)

Full year 2024 earnings released: EPS: LK₨0.45 (vs LK₨0.45 loss in FY 2023)

Third quarter 2024 earnings released: LK₨0.20 loss per share (vs LK₨2.89 profit in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨0.24 (vs LK₨2.17 loss in 2Q 2023)

New major risk - Market cap size

LVL Energy Fund PLC, Annual General Meeting, Sep 26, 2023

First quarter 2024 earnings released: LK₨0.13 loss per share (vs LK₨0.47 loss in 1Q 2023)

New major risk - Share price stability

Full year 2023 earnings released: LK₨0.07 loss per share (vs LK₨1.13 profit in FY 2022)

Investor sentiment improves as stock rises 19%

Third quarter 2023 earnings released: EPS: LK₨2.89 (vs LK₨0.09 in 3Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: LK₨2.17 loss per share (vs LK₨0.38 profit in 2Q 2022)

Price target decreased to LK₨12.00

Lvl Energy Fund plc Announces Retirement of Ananda Ranjith Munasinghe as Independent Non-Executive Director

High number of new directors

Investor sentiment improved over the past week

LVL Energy Fund PLC Announces Retirement of Daya Sumith Arangala as Chief Executive Officer

First quarter 2023 earnings released: LK₨0.47 loss per share (vs LK₨0.35 profit in 1Q 2022)

Full year 2022 earnings released: EPS: LK₨1.04 (vs LK₨1.09 in FY 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Independent Non-Executive Director recently sold LK₨438k worth of stock

Second quarter 2022 earnings released: EPS LK₨0.38 (vs LK₨0.44 in 2Q 2021)

Independent Non-Executive Director recently sold LK₨272k worth of stock

Independent Non-Executive Director recently sold LK₨112k worth of stock

Upcoming dividend of LK₨0.35 per share

Independent Non-Executive Director recently sold LK₨221k worth of stock

Independent Non-Executive Director recently sold LK₨110k worth of stock

Independent Non-Executive Director recently sold LK₨79m worth of stock

New 90-day low: LK₨9.50

Third quarter 2021 earnings released: EPS LK₨0.18 (vs LK₨0.04 in 3Q 2020)

Independent Non-Executive Director recently sold LK₨1.0m worth of stock

New 90-day high: LK₨10.30

Independent Non-Executive Director recently sold LK₨888k worth of stock

New 90-day high: LK₨10.00

Market bids up stock over the past week

Ananda Ranjith Munasinghe, Independent Non-Executive Director of LVL Energy Fund PLC Ceases

New 90-day high - LK₨8.10

New 90-day high - LK₨7.70

First quarter earnings released

LVL Energy Fund PLC has completed an IPO in the amount of LKR 1.2 billion.

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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