AX Real Estate Past Earnings Performance
Past criteria checks 1/6
AX Real Estate has been growing earnings at an average annual rate of 17.1%, while the Real Estate industry saw earnings growing at 10.8% annually. Revenues have been growing at an average rate of 86.3% per year. AX Real Estate's return on equity is 0.3%, and it has net margins of 3.5%.
Key information
17.1%
Earnings growth rate
-89.6%
EPS growth rate
| Real Estate Industry Growth | 5.1% |
| Revenue growth rate | 86.3% |
| Return on equity | 0.3% |
| Net Margin | 3.5% |
| Last Earnings Update | 31 Oct 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How AX Real Estate 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 Oct 23 | 12 | 0 | 0 | 0 |
| 31 Jul 23 | 10 | 2 | 0 | 0 |
| 30 Apr 23 | 8 | 3 | 0 | 0 |
| 31 Jan 23 | 9 | 3 | 0 | 0 |
| 31 Oct 22 | 9 | 4 | 0 | 0 |
| 31 Jul 22 | 7 | -8 | 0 | 0 |
| 30 Apr 22 | 5 | -20 | 0 | 0 |
| 31 Jan 22 | 3 | -20 | 0 | 0 |
| 31 Oct 21 | 1 | -21 | 0 | 0 |
| 31 Jul 21 | 1 | -11 | 0 | 0 |
| 30 Apr 21 | 0 | 0 | 0 | 0 |
| 31 Jan 21 | 0 | 0 | 0 | 0 |
| 31 Oct 20 | 0 | 0 | 0 | 0 |
| 31 Oct 19 | 0 | 0 | 0 | 0 |
Quality Earnings: AXR has a large one-off loss of €1.8M impacting its last 12 months of financial results to 31st October, 2023.
Growing Profit Margin: AXR's current net profit margins (3.5%) are lower than last year (39.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AXR has become profitable over the past 5 years, growing earnings by 17.1% per year.
Accelerating Growth: AXR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AXR had negative earnings growth (-88.6%) over the past year, making it difficult to compare to the Real Estate industry average (43.3%).
Return on Equity
High ROE: AXR's Return on Equity (0.3%) is considered low.