ASO Savings and Loans Past Earnings Performance

Past criteria checks 2/6

ASO Savings and Loans has been growing earnings at an average annual rate of 36.2%, while the Diversified Financial industry saw earnings growing at 24.7% annually. Revenues have been growing at an average rate of 22.2% per year.

Key information

36.2%

Earnings growth rate

n/a

EPS growth rate

Diversified Financial Industry Growth	27.1%
Revenue growth rate	22.2%
Return on equity	n/a
Net Margin	2.9%
Last Earnings Update	31 Dec 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How ASO Savings and Loans makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NGSE:ASOSAVINGS Revenue, expenses and earnings (NGN Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	2,151	63	0
31 Dec 22	1,120	85	1,143
31 Dec 21	1,892	18	1,165
31 Dec 20	-3,771	-5,976	1,304
31 Dec 19	-2,228	-3,464	1,639
31 Dec 18	1,904	-1,161	1,957
31 Dec 17	4,047	782	1,644
31 Dec 16	2,631	-5,588	2,565
31 Dec 15	-8,470	-29,687	2,829
31 Dec 14	3,791	-1,544	2,700
31 Dec 13	3,614	208	2,484

Quality Earnings: ASOSAVINGS has high quality earnings.

Growing Profit Margin: ASOSAVINGS's current net profit margins (2.9%) are lower than last year (7.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ASOSAVINGS has become profitable over the past 5 years, growing earnings by 36.2% per year.

Accelerating Growth: ASOSAVINGS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ASOSAVINGS had negative earnings growth (-25.7%) over the past year, making it difficult to compare to the Diversified Financial industry average (22.8%).

Return on Equity

High ROE: ASOSAVINGS'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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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 19:29
End of Day Share Price	2024/12/19 00:00
Earnings	2023/12/31
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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

ASO Savings and Loans Plc is covered by 0 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