Avance Gas Holding Past Earnings Performance
Past criteria checks 5/6
Avance Gas Holding has been growing earnings at an average annual rate of 38.2%, while the Oil and Gas industry saw earnings growing at 32.6% annually. Revenues have been growing at an average rate of 10.3% per year. Avance Gas Holding's return on equity is 56.7%, and it has net margins of 82.3%.
Key information
38.2%
Earnings growth rate
33.6%
EPS growth rate
| Oil and Gas Industry Growth | 39.7% |
| Revenue growth rate | 10.3% |
| Return on equity | 56.7% |
| Net Margin | 82.3% |
| Next Earnings Update | 28 Feb 2025 |
Recent past performance updates
Recent updates
Avance Gas Holding (OB:AGAS) Is Posting Healthy Earnings, But It Is Not All Good News
Sep 04
The Market Doesn't Like What It Sees From Avance Gas Holding Ltd's (OB:AGAS) Earnings Yet
Aug 02Calculating The Fair Value Of Avance Gas Holding Ltd (OB:AGAS)
Jul 12Here's Why Avance Gas Holding (OB:AGAS) Can Manage Its Debt Responsibly
Jun 12There's Been No Shortage Of Growth Recently For Avance Gas Holding's (OB:AGAS) Returns On Capital
May 22Avance Gas Holding Ltd (OB:AGAS) Shares Fly 26% But Investors Aren't Buying For Growth
Apr 25A Look At The Fair Value Of Avance Gas Holding Ltd (OB:AGAS)
Mar 14Avance Gas Holding's (OB:AGAS) Solid Profits Have Weak Fundamentals
Feb 22What You Need To Know About The Avance Gas Holding Ltd (OB:AGAS) Analyst Downgrade Today
Feb 17Avance Gas Holding Ltd's (OB:AGAS) Share Price Is Matching Sentiment Around Its Earnings
Feb 01The Return Trends At Avance Gas Holding (OB:AGAS) Look Promising
Jan 04Brokers Are Upgrading Their Views On Avance Gas Holding Ltd (OB:AGAS) With These New Forecasts
Dec 01Here's Why Avance Gas Holding (OB:AGAS) Can Manage Its Debt Responsibly
Oct 11Returns On Capital Are Showing Encouraging Signs At Avance Gas Holding (OB:AGAS)
Sep 14Revenue & Expenses Breakdown
How Avance Gas Holding 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 | 358 | 294 | 10 | 0 |
| 30 Jun 24 | 375 | 299 | 12 | 0 |
| 31 Mar 24 | 391 | 274 | 7 | 0 |
| 31 Dec 23 | 352 | 164 | 7 | 0 |
| 30 Sep 23 | 309 | 137 | 7 | 0 |
| 30 Jun 23 | 284 | 118 | 6 | 0 |
| 31 Mar 23 | 265 | 101 | 7 | 0 |
| 31 Dec 22 | 255 | 89 | 7 | 0 |
| 30 Sep 22 | 239 | 62 | 6 | 0 |
| 30 Jun 22 | 231 | 54 | 7 | 0 |
| 31 Mar 22 | 215 | 37 | 6 | 0 |
| 31 Dec 21 | 211 | 32 | 6 | 0 |
| 30 Sep 21 | 210 | 71 | 6 | 0 |
| 30 Jun 21 | 199 | 69 | 5 | 0 |
| 31 Mar 21 | 200 | 75 | 4 | 0 |
| 31 Dec 20 | 206 | 71 | 4 | 0 |
| 30 Sep 20 | 245 | 61 | 5 | 0 |
| 30 Jun 20 | 280 | 83 | 5 | 0 |
| 31 Mar 20 | 291 | 86 | 6 | 0 |
| 31 Dec 19 | 250 | 56 | 6 | 0 |
| 30 Sep 19 | 202 | 16 | 5 | 0 |
| 30 Jun 19 | 167 | -17 | 5 | 0 |
| 31 Mar 19 | 129 | -46 | 5 | 0 |
| 31 Dec 18 | 130 | -43 | 5 | 0 |
| 30 Sep 18 | 113 | -54 | 5 | 0 |
| 30 Jun 18 | 99 | -64 | 5 | 0 |
| 31 Mar 18 | 111 | -54 | 5 | 0 |
| 31 Dec 17 | 113 | -55 | 6 | 0 |
| 30 Sep 17 | 116 | -55 | 5 | 0 |
| 30 Jun 17 | 119 | -97 | 6 | 0 |
| 31 Mar 17 | 115 | -102 | 6 | 0 |
| 31 Dec 16 | 144 | -68 | 6 | 0 |
| 30 Sep 16 | 200 | -9 | 8 | 0 |
| 30 Jun 16 | 284 | 125 | 7 | 0 |
| 31 Mar 16 | 323 | 180 | 8 | 0 |
| 31 Dec 15 | 311 | 183 | 8 | 0 |
| 31 Dec 14 | 167 | 75 | 7 | 0 |
| 31 Aug 14 | 148 | 58 | 6 | 0 |
| 31 May 14 | 131 | 37 | 6 | 0 |
| 28 Feb 14 | 121 | 22 | 5 | 0 |
Quality Earnings: AGAS has a high level of non-cash earnings.
Growing Profit Margin: AGAS's current net profit margins (82.3%) are higher than last year (44.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AGAS's earnings have grown significantly by 38.2% per year over the past 5 years.
Accelerating Growth: AGAS's earnings growth over the past year (115.2%) exceeds its 5-year average (38.2% per year).
Earnings vs Industry: AGAS earnings growth over the past year (115.2%) exceeded the Oil and Gas industry -3.7%.
Return on Equity
High ROE: AGAS's Return on Equity (56.7%) is considered outstanding.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 03:41 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Avance Gas Holding Ltd is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Erik Stavseth | Arctic Securities ASA |
| Gregory Lewis | BTIG |