Nigerian Exchange Group Past Earnings Performance
Past criteria checks 4/6
Nigerian Exchange Group's earnings have been declining at an average annual rate of -5%, while the Capital Markets industry saw earnings growing at 12.1% annually. Revenues have been growing at an average rate of 2.1% per year. Nigerian Exchange Group's return on equity is 13.3%, and it has net margins of 58%.
Key information
-5.0%
Earnings growth rate
804.3%
EPS growth rate
Capital Markets Industry Growth | -10.3% |
Revenue growth rate | 2.1% |
Return on equity | 13.3% |
Net Margin | 58.0% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Nigerian Exchange Group 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 | 9,230 | 5,349 | 4,940 | 0 |
30 Sep 23 | 7,942 | 1,745 | 3,191 | 0 |
30 Jun 23 | 6,295 | -78 | 3,848 | 0 |
31 Mar 23 | 6,490 | 753 | 3,719 | 0 |
31 Dec 22 | 6,846 | 592 | 3,775 | 0 |
30 Sep 22 | 7,218 | 911 | 3,758 | 0 |
30 Jun 22 | 7,607 | 2,668 | 3,082 | 0 |
31 Mar 22 | 7,425 | 1,993 | 3,707 | 0 |
31 Dec 21 | 6,172 | 2,248 | 3,286 | 0 |
30 Sep 21 | 7,190 | 1,983 | 3,470 | 0 |
31 Dec 20 | 6,636 | 1,839 | 3,240 | 0 |
31 Dec 19 | 6,995 | 2,258 | 3,758 | 0 |
31 Dec 18 | 7,219 | 2,703 | 3,118 | 0 |
31 Dec 17 | 8,188 | 3,792 | 2,916 | 0 |
31 Dec 16 | 4,186 | 27 | 2,806 | 0 |
31 Dec 15 | 6,611 | 1,800 | 2,944 | 0 |
31 Dec 14 | 7,950 | 3,886 | 2,210 | 0 |
31 Dec 13 | 5,402 | 3,264 | 1,751 | 0 |
Quality Earnings: NGXGROUP has high quality earnings.
Growing Profit Margin: NGXGROUP's current net profit margins (58%) are higher than last year (8.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NGXGROUP's earnings have declined by 5% per year over the past 5 years.
Accelerating Growth: NGXGROUP's earnings growth over the past year (804.3%) exceeds its 5-year average (-5% per year).
Earnings vs Industry: NGXGROUP earnings growth over the past year (804.3%) exceeded the Capital Markets industry 23.2%.
Return on Equity
High ROE: NGXGROUP's Return on Equity (13.3%) is considered low.