LASACO Assurance Past Earnings Performance

Past criteria checks 2/6

LASACO Assurance has been growing earnings at an average annual rate of 43%, while the Insurance industry saw earnings growing at 42% annually. Revenues have been growing at an average rate of 26.5% per year. LASACO Assurance's return on equity is 12.9%, and it has net margins of 8%.

Key information

43.0%

Earnings growth rate

44.0%

EPS growth rate

Insurance Industry Growth25.4%
Revenue growth rate26.5%
Return on equity12.9%
Net Margin8.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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
30 Sep 2424,3121,9423,5490
30 Jun 2423,0313,7892,1680
31 Mar 2420,9231,7402,9640
31 Dec 2320,2101,3182,5370
30 Sep 2319,4302,0548750
30 Jun 2317,3691,7251,1480
31 Mar 2316,1711,8222,6300
31 Dec 2213,8161,5182,2630
30 Sep 2210,079846,7400
30 Jun 2210,7653396,3640
31 Mar 229,5173814,5410
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 high quality earnings.

Growing Profit Margin: LASACO's current net profit margins (8%) are lower than last year (10.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LASACO's earnings have grown significantly by 43% 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 (-5.4%) over the past year, making it difficult to compare to the Insurance industry average (200.9%).


Return on Equity

High ROE: LASACO's Return on Equity (12.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 23:35
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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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

LASACO Assurance 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.

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