Morefield Group Past Earnings Performance
Past criteria checks 3/6
Morefield Group has been growing earnings at an average annual rate of 76.5%, while the Professional Services industry saw earnings growing at 26.1% annually. Revenues have been growing at an average rate of 90.1% per year. Morefield Group's return on equity is 28.6%, and it has net margins of 5.8%.
Key information
76.5%
Earnings growth rate
76.1%
EPS growth rate
| Professional Services Industry Growth | 23.3% |
| Revenue growth rate | 90.1% |
| Return on equity | 28.6% |
| Net Margin | 5.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Revenue & Expenses Breakdown
How Morefield 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 |
|---|---|---|---|---|
| 30 Jun 24 | 101 | 6 | 39 | 0 |
| 31 Mar 24 | 97 | 6 | 38 | 0 |
| 31 Dec 23 | 93 | 5 | 37 | 0 |
| 30 Sep 23 | 76 | 4 | 30 | 0 |
| 30 Jun 23 | 58 | 3 | 23 | 0 |
| 31 Mar 23 | 36 | 3 | 14 | 0 |
| 31 Dec 22 | 14 | 2 | 5 | 0 |
| 30 Sep 22 | 7 | 1 | 3 | 0 |
| 30 Jun 22 | 0 | 0 | 0 | 0 |
| 31 Mar 22 | 0 | 0 | 0 | 0 |
| 31 Dec 21 | 0 | 0 | 0 | 0 |
| 30 Sep 21 | 0 | 0 | 0 | 0 |
| 30 Jun 21 | 0 | 0 | 0 | 0 |
| 31 Mar 21 | 0 | 0 | 0 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
| 30 Sep 20 | 0 | 0 | 0 | 0 |
| 30 Jun 20 | 0 | 0 | 0 | 0 |
| 31 Mar 20 | 0 | 0 | 0 | 0 |
| 31 Dec 19 | 0 | 0 | 0 | 0 |
| 30 Jun 19 | -63 | -1 | -3 | 0 |
| 31 Mar 19 | -32 | -1 | -2 | 0 |
| 31 Dec 18 | 0 | -1 | 0 | 0 |
| 30 Jun 18 | 145 | 1 | 6 | 0 |
| 31 Mar 18 | 145 | 1 | 6 | 0 |
| 31 Dec 17 | 0 | -1 | 0 | 0 |
| 30 Sep 17 | 109 | 0 | 5 | 0 |
| 30 Jun 17 | 73 | -1 | 3 | 0 |
| 31 Mar 17 | 46 | -1 | 3 | 0 |
| 31 Dec 16 | 20 | -1 | 2 | 0 |
| 30 Sep 16 | 21 | 0 | 4 | 0 |
| 30 Jun 16 | 21 | 0 | 5 | 0 |
| 31 Mar 16 | 20 | 0 | 5 | 0 |
| 31 Dec 15 | 19 | 0 | 5 | 0 |
| 30 Sep 15 | 18 | -2 | 7 | 0 |
| 30 Jun 15 | 16 | -4 | 8 | 0 |
| 31 Mar 15 | 15 | -4 | 8 | 0 |
| 31 Dec 14 | 13 | -4 | 8 | 0 |
| 30 Sep 14 | 11 | -2 | 7 | 0 |
| 30 Jun 14 | 10 | -1 | 5 | 0 |
| 31 Mar 14 | 3 | -1 | 5 | 0 |
| 31 Dec 13 | 10 | -1 | 5 | 0 |
| 30 Sep 13 | 12 | 0 | 6 | 0 |
Quality Earnings: MORE has a high level of non-cash earnings.
Growing Profit Margin: MORE's current net profit margins (5.8%) are lower than last year (6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MORE has become profitable over the past 5 years, growing earnings by 76.5% per year.
Accelerating Growth: MORE's earnings growth over the past year (68%) is below its 5-year average (76.5% per year).
Earnings vs Industry: MORE earnings growth over the past year (68%) exceeded the Professional Services industry -1.3%.
Return on Equity
High ROE: MORE's Return on Equity (28.6%) is considered high.