LASACO Assurance Past Earnings Performance

Past criteria checks 1/6

LASACO Assurance has been growing earnings at an average annual rate of 20.5%, while the Insurance industry saw earnings growing at 25.4% annually. Revenues have been growing at an average rate of 14.7% per year. LASACO Assurance's return on equity is 10.1%, and it has net margins of 11%.

Key information

20.5%

Earnings growth rate

22.5%

EPS growth rate

Insurance Industry Growth25.4%
Revenue growth rate14.7%
Return on equity10.1%
Net Margin11.0%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How LASACO Assurance makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGSE:LASACO Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2312,9491,4301,5620
30 Sep 2313,1381,7863,8650
30 Jun 2312,7691,6005,5400
31 Mar 2312,4361,4795,7880
31 Dec 2211,2731,4795,6680
30 Sep 2210,079846,7400
30 Jun 2210,7653396,3640
31 Mar 229,5583814,5410
31 Dec 219,8762614,8320
30 Sep 2110,8752764,0520
30 Jun 2110,0963463,9920
31 Mar 2110,6215953,9920
31 Dec 208,7996794,0730
30 Sep 208,0275263,7460
30 Jun 206,9774043,8510
31 Mar 207,0782063,6960
31 Dec 197,3703163,6700
30 Sep 197,0938472,9810
30 Jun 196,8698942,8020
31 Mar 197,0549222,6980
31 Dec 186,0527362,5690
30 Sep 185,0628021,2810
30 Jun 184,9606575230
31 Mar 184,3987301,1350
31 Dec 174,8256621,1210
30 Sep 173,9886301,5080
30 Jun 173,5308391,9670
31 Mar 173,4619511,9790
31 Dec 162,4069441,6200
30 Sep 163,5616431,0040
30 Jun 163,7843801,0280
31 Mar 163,9192495300
31 Dec 153,6282839020
30 Sep 153,8834913410
30 Jun 153,3974654270
31 Mar 153,1454076480
31 Dec 143,4134467550
31 Dec 134,5372758370

Quality Earnings: LASACO has a high level of non-cash earnings.

Growing Profit Margin: LASACO's current net profit margins (11%) are lower than last year (13.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LASACO's earnings have grown significantly by 20.5% per year over the past 5 years.

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

Earnings vs Industry: LASACO had negative earnings growth (-3.3%) over the past year, making it difficult to compare to the Insurance industry average (104%).


Return on Equity

High ROE: LASACO's Return on Equity (10.1%) is considered low.


Return on Assets


Return on Capital Employed


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