UPDC Real Estate Investment Trust Past Earnings Performance
Past criteria checks 4/6
UPDC Real Estate Investment Trust has been growing earnings at an average annual rate of 1.4%, while the REITs industry saw earnings growing at 15.8% annually. Revenues have been declining at an average rate of 1.8% per year. UPDC Real Estate Investment Trust's return on equity is 14.2%, and it has net margins of 211.9%.
Key information
1.4%
Earnings growth rate
1.6%
EPS growth rate
| REITs Industry Growth | 12.2% |
| Revenue growth rate | -1.8% |
| Return on equity | 14.2% |
| Net Margin | 211.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How UPDC Real Estate Investment Trust 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 Mar 24 | 1,993 | 4,223 | 268 | 0 |
| 31 Dec 23 | 1,894 | 3,803 | 197 | 0 |
| 30 Sep 23 | 1,847 | 1,910 | 12 | 0 |
| 30 Jun 23 | 1,715 | 1,823 | 16 | 0 |
| 31 Mar 23 | 1,630 | 1,756 | 29 | 0 |
| 31 Dec 22 | 1,611 | 1,677 | 87 | 0 |
| 30 Sep 22 | 1,246 | -4,624 | 262 | 0 |
| 30 Jun 22 | 1,381 | -4,523 | 247 | 0 |
| 31 Mar 22 | 1,356 | -4,477 | 215 | 0 |
| 31 Dec 21 | 1,315 | -4,480 | 191 | 0 |
| 30 Sep 21 | 2,033 | 1,677 | -110 | 0 |
| 30 Jun 21 | 1,976 | 1,699 | -9 | 0 |
| 31 Mar 21 | 2,208 | 1,796 | 2 | 0 |
| 31 Dec 20 | 2,247 | 1,932 | 5 | 0 |
| 30 Sep 20 | 2,125 | -802 | 129 | 0 |
| 30 Jun 20 | 2,328 | -582 | 82 | 0 |
| 31 Mar 20 | 2,346 | -501 | 14 | 0 |
| 31 Dec 19 | 2,485 | -449 | 8 | 0 |
| 30 Sep 19 | 1,383 | 2,756 | 46 | 0 |
| 30 Jun 19 | 1,331 | 2,676 | 46 | 0 |
| 31 Mar 19 | 1,324 | 2,649 | 46 | 0 |
| 31 Dec 18 | 1,278 | 2,645 | 45 | 0 |
| 30 Sep 18 | 2,311 | 2,286 | 53 | 0 |
| 31 Dec 17 | 2,196 | 2,208 | 74 | 0 |
| 30 Sep 17 | 2,226 | 1,617 | 64 | 0 |
| 31 Dec 16 | 2,049 | 1,512 | 64 | 0 |
| 31 Dec 15 | 2,957 | 2,990 | 54 | 0 |
| 30 Jun 15 | 2,458 | 1,462 | 45 | 0 |
| 31 Mar 15 | 2,313 | 2,261 | 189 | 0 |
| 31 Dec 14 | 2,167 | 3,059 | 334 | 0 |
Quality Earnings: UPDCREIT has a large one-off gain of NGN2.9B impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: UPDCREIT's current net profit margins are higher than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UPDCREIT's earnings have grown by 1.4% per year over the past 5 years.
Accelerating Growth: UPDCREIT's earnings growth over the past year (140.5%) exceeds its 5-year average (1.4% per year).
Earnings vs Industry: UPDCREIT earnings growth over the past year (140.5%) exceeded the REITs industry 2.9%.
Return on Equity
High ROE: UPDCREIT's Return on Equity (14.2%) is considered low.