Royal Exchange Past Earnings Performance
Past criteria checks 2/6
Royal Exchange has been growing earnings at an average annual rate of 35.5%, while the Insurance industry saw earnings growing at 25.4% annually. Revenues have been declining at an average rate of 46.9% per year. Royal Exchange's return on equity is 17.9%, and it has net margins of 43.1%.
Key information
35.5%
Earnings growth rate
36.5%
EPS growth rate
Insurance Industry Growth | 25.4% |
Revenue growth rate | -46.9% |
Return on equity | 17.9% |
Net Margin | 43.1% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Royal Exchange 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 | 1,067 | 460 | 388 | 0 |
30 Sep 23 | 1,999 | 1,084 | 408 | 0 |
30 Jun 23 | 908 | 32 | 403 | 0 |
31 Mar 23 | -102 | -60 | 228 | 0 |
31 Dec 22 | 557 | -150 | 380 | 0 |
30 Sep 22 | -137 | -961 | 1,172 | 0 |
30 Jun 22 | 1,648 | -409 | 1,195 | 0 |
31 Mar 22 | 772 | -619 | 1,076 | 0 |
31 Dec 21 | 379 | -16 | 280 | 0 |
30 Sep 21 | 4,547 | -1,331 | 1,853 | 0 |
30 Jun 21 | 6,720 | -756 | 2,258 | 0 |
31 Mar 21 | 10,798 | -328 | 3,840 | 0 |
31 Dec 20 | 10,229 | -389 | 4,204 | 0 |
30 Sep 20 | 10,740 | -899 | 4,608 | 0 |
30 Jun 20 | 10,844 | -492 | 4,795 | 0 |
31 Mar 20 | 11,028 | -1,327 | 4,670 | 0 |
31 Dec 19 | 11,295 | -1,359 | 4,741 | 0 |
30 Sep 19 | 10,676 | -367 | 4,165 | 0 |
30 Jun 19 | 11,059 | -811 | 4,505 | 0 |
31 Mar 19 | 10,353 | -737 | 4,014 | 0 |
31 Dec 18 | 11,148 | -160 | 4,533 | 0 |
30 Sep 18 | 10,859 | -1,099 | 3,738 | 0 |
30 Jun 18 | 8,975 | -1,154 | 2,819 | 0 |
31 Mar 18 | 10,846 | -343 | 3,674 | 0 |
31 Dec 17 | 9,725 | -970 | 3,593 | 0 |
30 Sep 17 | 11,129 | -934 | 4,536 | 0 |
30 Jun 17 | 11,546 | -955 | 5,187 | 0 |
31 Mar 17 | 9,305 | -1,372 | 4,599 | 0 |
31 Dec 16 | 10,103 | -980 | 4,064 | 0 |
30 Sep 16 | 9,739 | -1,181 | 3,245 | 0 |
30 Jun 16 | 9,867 | -1,291 | 3,570 | 0 |
31 Mar 16 | 10,629 | -1,180 | 3,862 | 0 |
31 Dec 15 | 9,740 | -1,299 | 3,706 | 0 |
30 Sep 15 | 9,014 | -441 | 4,394 | 0 |
30 Jun 15 | 9,020 | -122 | 4,082 | 0 |
31 Mar 15 | 9,013 | 53 | 3,484 | 0 |
31 Dec 14 | 8,951 | 140 | 3,322 | 0 |
30 Sep 14 | 9,356 | 1,081 | 2,929 | 0 |
31 Dec 13 | 7,887 | 806 | 2,416 | 0 |
Quality Earnings: ROYALEX has a high level of non-cash earnings.
Growing Profit Margin: ROYALEX became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ROYALEX has become profitable over the past 5 years, growing earnings by 35.5% per year.
Accelerating Growth: ROYALEX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ROYALEX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (104%).
Return on Equity
High ROE: ROYALEX's Return on Equity (17.9%) is considered low.