AKVA group Past Earnings Performance
Past criteria checks 2/6
AKVA group's earnings have been declining at an average annual rate of -35.5%, while the Machinery industry saw earnings growing at 31% annually. Revenues have been growing at an average rate of 3.1% per year. AKVA group's return on equity is 6.3%, and it has net margins of 2.3%.
Key information
-35.5%
Earnings growth rate
-36.4%
EPS growth rate
| Machinery Industry Growth | 14.8% |
| Revenue growth rate | 3.1% |
| Return on equity | 6.3% |
| Net Margin | 2.3% |
| Next Earnings Update | 14 Feb 2025 |
Recent past performance updates
Recent updates
Why Investors Shouldn't Be Surprised By AKVA group ASA's (OB:AKVA) 25% Share Price Plunge
Sep 13
AKVA group (OB:AKVA) Will Be Looking To Turn Around Its Returns
Aug 10We Discuss Why AKVA group ASA's (OB:AKVA) CEO Compensation May Be Closely Reviewed
Apr 26Subdued Growth No Barrier To AKVA group ASA (OB:AKVA) With Shares Advancing 27%
Mar 15Returns On Capital Signal Tricky Times Ahead For AKVA group (OB:AKVA)
Jan 10We Think AKVA group (OB:AKVA) Has A Fair Chunk Of Debt
Oct 03Investors Who Bought AKVA Group (OB:AKVA) Shares Five Years Ago Are Now Up 74%
Dec 21
Revenue & Expenses Breakdown
How AKVA 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 Sep 24 | 3,604 | 84 | 926 | 0 |
| 30 Jun 24 | 3,410 | -7 | 913 | 0 |
| 31 Mar 24 | 3,336 | -13 | 893 | 0 |
| 31 Dec 23 | 3,425 | -18 | 891 | 0 |
| 30 Sep 23 | 3,362 | -20 | 864 | 0 |
| 30 Jun 23 | 3,385 | -109 | 871 | 0 |
| 31 Mar 23 | 3,352 | -171 | 860 | 0 |
| 31 Dec 22 | 3,327 | -131 | 837 | 0 |
| 30 Sep 22 | 3,427 | -88 | 790 | 0 |
| 30 Jun 22 | 3,325 | 19 | 1,179 | 0 |
| 31 Mar 22 | 3,249 | 76 | 953 | 0 |
| 31 Dec 21 | 3,120 | 11 | 748 | 0 |
| 30 Sep 21 | 3,042 | 13 | 1,364 | 0 |
| 30 Jun 21 | 3,109 | 35 | 749 | 0 |
| 31 Mar 21 | 3,139 | 45 | 749 | 0 |
| 31 Dec 20 | 3,172 | 91 | 749 | 0 |
| 30 Sep 20 | 3,049 | -2 | 748 | 0 |
| 30 Jun 20 | 3,014 | 4 | 748 | 0 |
| 31 Mar 20 | 2,951 | 7 | 748 | 0 |
| 31 Dec 19 | 3,051 | 15 | 748 | 0 |
| 30 Sep 19 | 3,148 | 118 | 591 | 0 |
| 30 Jun 19 | 3,013 | 105 | 591 | 0 |
| 31 Mar 19 | 2,842 | 94 | 591 | 0 |
| 31 Dec 18 | 2,579 | 90 | 591 | 0 |
| 30 Sep 18 | 2,410 | 99 | 465 | 0 |
| 30 Jun 18 | 2,257 | 96 | 465 | 0 |
| 31 Mar 18 | 2,167 | 104 | 465 | 0 |
| 31 Dec 17 | 2,088 | 100 | 465 | 0 |
| 30 Sep 17 | 1,980 | 65 | 397 | 0 |
| 30 Jun 17 | 1,850 | 48 | 397 | 0 |
| 31 Mar 17 | 1,721 | 36 | 397 | 0 |
| 31 Dec 16 | 1,603 | 28 | 397 | 0 |
| 30 Sep 16 | 1,499 | 43 | 322 | 0 |
| 30 Jun 16 | 1,500 | 52 | 322 | 0 |
| 31 Mar 16 | 1,493 | 57 | 322 | 0 |
| 31 Dec 15 | 1,425 | 57 | 322 | 0 |
| 30 Sep 15 | 1,386 | 58 | 263 | 0 |
| 30 Jun 15 | 1,361 | 58 | 263 | 0 |
| 31 Mar 15 | 1,261 | 51 | 263 | 0 |
| 31 Dec 14 | 1,246 | 55 | 263 | 0 |
| 30 Sep 14 | 1,187 | 45 | 217 | 0 |
| 30 Jun 14 | 1,038 | 25 | 217 | 0 |
| 31 Mar 14 | 1,007 | 18 | 217 | 0 |
| 31 Dec 13 | 919 | 3 | 217 | 0 |
Quality Earnings: AKVA has high quality earnings.
Growing Profit Margin: AKVA became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AKVA's earnings have declined by 35.5% per year over the past 5 years.
Accelerating Growth: AKVA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AKVA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (85.5%).
Return on Equity
High ROE: AKVA's Return on Equity (6.3%) is considered low.