Afric Industries Past Earnings Performance
Past criteria checks 1/6
Afric Industries's earnings have been declining at an average annual rate of -10.3%, while the Building industry saw earnings growing at 26.4% annually. Revenues have been declining at an average rate of 0.2% per year. Afric Industries's return on equity is 10.1%, and it has net margins of 10.3%.
Key information
-10.3%
Earnings growth rate
-10.5%
EPS growth rate
| Building Industry Growth | 15.1% |
| Revenue growth rate | -0.2% |
| Return on equity | 10.1% |
| Net Margin | 10.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Afric Industries 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 | 43 | 4 | 11 | 0 |
| 30 Sep 23 | 40 | 4 | 11 | 0 |
| 30 Jun 23 | 37 | 3 | 10 | 0 |
| 31 Mar 23 | 38 | 5 | 10 | 0 |
| 31 Dec 22 | 40 | 6 | 10 | 0 |
| 30 Sep 22 | 41 | 5 | 10 | 0 |
| 30 Jun 22 | 42 | 4 | 11 | 0 |
| 31 Mar 22 | 44 | 5 | 11 | 0 |
| 31 Dec 21 | 47 | 5 | 11 | 0 |
| 30 Sep 21 | 49 | 8 | 10 | 0 |
| 30 Jun 21 | 51 | 11 | 9 | 0 |
| 31 Mar 21 | 46 | 9 | 9 | 0 |
| 31 Dec 20 | 42 | 8 | 9 | 0 |
| 30 Sep 20 | 40 | 7 | 10 | 0 |
| 30 Jun 20 | 38 | 6 | 10 | 0 |
| 31 Mar 20 | 40 | 7 | 10 | 0 |
| 31 Dec 19 | 43 | 7 | 11 | 0 |
| 30 Sep 19 | 43 | 7 | 11 | 0 |
| 30 Jun 19 | 43 | 7 | 12 | 0 |
| 31 Mar 19 | 41 | 7 | 12 | 0 |
| 31 Dec 18 | 39 | 6 | 12 | 0 |
| 30 Sep 18 | 40 | 6 | 12 | 0 |
| 30 Jun 18 | 41 | 7 | 12 | 0 |
| 31 Mar 18 | 42 | 7 | 12 | 0 |
| 31 Dec 17 | 42 | 7 | 11 | 0 |
| 30 Sep 17 | 42 | 6 | 12 | 0 |
| 30 Jun 17 | 41 | 5 | 12 | 0 |
| 31 Mar 17 | 41 | 5 | 12 | 0 |
| 31 Dec 16 | 42 | 5 | 13 | 0 |
| 30 Sep 16 | 44 | 6 | 13 | 0 |
| 30 Jun 16 | 46 | 7 | 13 | 0 |
| 31 Mar 16 | 46 | 7 | 12 | 0 |
| 31 Dec 15 | 45 | 7 | 12 | 0 |
| 30 Sep 15 | 43 | 7 | 12 | 0 |
| 30 Jun 15 | 41 | 6 | 12 | 0 |
| 31 Mar 15 | 42 | 7 | 12 | 0 |
| 31 Dec 14 | 44 | 7 | 12 | 0 |
| 30 Sep 14 | 43 | 7 | 12 | 0 |
| 30 Jun 14 | 42 | 6 | 12 | 0 |
| 31 Mar 14 | 41 | 7 | 12 | 0 |
| 31 Dec 13 | 41 | 7 | 12 | 0 |
| 30 Sep 13 | 40 | 7 | 12 | 0 |
| 30 Jun 13 | 40 | 7 | 12 | 0 |
Quality Earnings: AFI has high quality earnings.
Growing Profit Margin: AFI's current net profit margins (10.3%) are lower than last year (15.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AFI's earnings have declined by 10.3% per year over the past 5 years.
Accelerating Growth: AFI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AFI had negative earnings growth (-28%) over the past year, making it difficult to compare to the Building industry average (48.2%).
Return on Equity
High ROE: AFI's Return on Equity (10.1%) is considered low.