Reach Energy Berhad Past Earnings Performance
Past criteria checks 0/6
Reach Energy Berhad's earnings have been declining at an average annual rate of -19.2%, while the Oil and Gas industry saw earnings growing at 20.1% annually. Revenues have been growing at an average rate of 11.9% per year.
Key information
-19.2%
Earnings growth rate
-1.6%
EPS growth rate
| Oil and Gas Industry Growth | 12.2% |
| Revenue growth rate | 11.9% |
| Return on equity | n/a |
| Net Margin | -140.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Investors Give Reach Energy Berhad (KLSE:REACH) Shares A 33% Hiding
Sep 09
Is Reach Energy Berhad (KLSE:REACH) Weighed On By Its Debt Load?
Jul 28Investors Continue Waiting On Sidelines For Reach Energy Berhad (KLSE:REACH)
May 13Is Reach Energy Berhad (KLSE:REACH) Using Too Much Debt?
Mar 17Cautious Investors Not Rewarding Reach Energy Berhad's (KLSE:REACH) Performance Completely
Jan 23Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?
Nov 02A Piece Of The Puzzle Missing From Reach Energy Berhad's (KLSE:REACH) 33% Share Price Climb
Aug 25Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?
Aug 03Is Reach Energy Berhad (KLSE:REACH) Using Debt In A Risky Way?
Mar 21Is Reach Energy Berhad (KLSE:REACH) A Risky Investment?
Aug 19Is Reach Energy Berhad (KLSE:REACH) A Risky Investment?
May 06Reach Energy Berhad (KLSE:REACH) Has Debt But No Earnings; Should You Worry?
Jan 06Is Reach Energy Berhad (KLSE:REACH) Using Debt In A Risky Way?
Aug 27Revenue & Expenses Breakdown
How Reach Energy Berhad 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 | 203 | -286 | 53 | 0 |
| 30 Jun 24 | 216 | -227 | 49 | 0 |
| 31 Mar 24 | 212 | -188 | 48 | 0 |
| 31 Dec 23 | 209 | -208 | 51 | 0 |
| 30 Sep 23 | 220 | -156 | 41 | 0 |
| 30 Jun 23 | 193 | -146 | 38 | 0 |
| 31 Mar 23 | 166 | -184 | 46 | 0 |
| 31 Dec 22 | 169 | -157 | 37 | 0 |
| 30 Sep 22 | 169 | -52 | 60 | 0 |
| 30 Jun 22 | 171 | -70 | 54 | 0 |
| 31 Mar 22 | 179 | -73 | 41 | 0 |
| 31 Dec 21 | 151 | -53 | 39 | 0 |
| 30 Sep 21 | 119 | -65 | 23 | 0 |
| 30 Jun 21 | 94 | -90 | 39 | 0 |
| 31 Mar 21 | 80 | -113 | 40 | 0 |
| 31 Dec 20 | 80 | -129 | 44 | 0 |
| 30 Sep 20 | 95 | -146 | 44 | 0 |
| 30 Jun 20 | 113 | -132 | 36 | 0 |
| 31 Mar 20 | 143 | -111 | 40 | 0 |
| 31 Dec 19 | 171 | -128 | 40 | 0 |
| 30 Sep 19 | 202 | -63 | 43 | 0 |
| 30 Jun 19 | 208 | -56 | 44 | 0 |
| 31 Mar 19 | 229 | -34 | 47 | 0 |
| 31 Dec 18 | 220 | -42 | 49 | 0 |
| 30 Sep 18 | 201 | -66 | 52 | 0 |
| 30 Jun 18 | 182 | -73 | 52 | 0 |
| 31 Mar 18 | 155 | -99 | 55 | 0 |
| 31 Dec 17 | 157 | -88 | 58 | 0 |
| 30 Sep 17 | 122 | 94 | 41 | 0 |
| 30 Jun 17 | 100 | 105 | 48 | 0 |
| 31 Mar 17 | 60 | 111 | 31 | 0 |
| 31 Dec 16 | 15 | 113 | 15 | 0 |
| 31 Dec 15 | 0 | -23 | 7 | 0 |
| 31 Jul 15 | 0 | -11 | 6 | 0 |
| 30 Apr 15 | 0 | -21 | 18 | 0 |
| 31 Jan 15 | 0 | -31 | 30 | 0 |
| 31 Oct 14 | 0 | -30 | 29 | 0 |
Quality Earnings: REACH is currently unprofitable.
Growing Profit Margin: REACH is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: REACH is unprofitable, and losses have increased over the past 5 years at a rate of 19.2% per year.
Accelerating Growth: Unable to compare REACH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: REACH is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-11.7%).
Return on Equity
High ROE: REACH's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 21:20 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Reach Energy Berhad is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ping Goh | Hong Leong Investment Bank Berhad |
| Sin Lim | Hong Leong Investment Bank Berhad |