Africa Clean Energy Solutions Limited

MUSE:ACES.N0000 Stock Report

Market Cap: US$23.9m

Africa Clean Energy Solutions Past Earnings Performance

Past criteria checks 0/6

Africa Clean Energy Solutions's earnings have been declining at an average annual rate of -28.3%, while the Renewable Energy industry saw earnings growing at 11.8% annually. Revenues have been growing at an average rate of 74.3% per year.

Key information

-28.3%

Earnings growth rate

-27.2%

EPS growth rate

Renewable Energy Industry Growth12.6%
Revenue growth rate74.3%
Return on equityn/a
Net Margin-123.6%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Africa Clean Energy Solutions makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

MUSE:ACES.N0000 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 241-210
31 Dec 231-110
30 Sep 231-110
30 Jun 231-110
31 Mar 230-110
31 Dec 220-110
30 Sep 220-110
30 Jun 220-110
31 Mar 220010
31 Dec 210-110
30 Sep 210010
30 Jun 210010
31 Mar 210-110
31 Dec 200-110
30 Sep 200-100
30 Jun 200-100
31 Mar 200000
31 Dec 190000
30 Sep 190000
30 Jun 190000

Quality Earnings: ACES.N0000 is currently unprofitable.

Growing Profit Margin: ACES.N0000 is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ACES.N0000 is unprofitable, and losses have increased over the past 5 years at a rate of 28.3% per year.

Accelerating Growth: Unable to compare ACES.N0000's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ACES.N0000 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (3.6%).


Return on Equity

High ROE: ACES.N0000's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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