Akastor Past Earnings Performance

Past criteria checks 0/6

Akastor's earnings have been declining at an average annual rate of -14.5%, while the Energy Services industry saw earnings growing at 30.2% annually. Revenues have been declining at an average rate of 44% per year.

Key information

-14.5%

Earnings growth rate

-15.2%

EPS growth rate

Energy Services Industry Growth	25.6%
Revenue growth rate	-44.0%
Return on equity	-9.6%
Net Margin	-136.9%
Next Earnings Update	25 Apr 2024

Recent past performance updates

Recent updates

We Think Some Shareholders May Hesitate To Increase Akastor ASA's (OB:AKAST) CEO Compensation

Apr 10

Akastor's (OB:AKAST) Returns On Capital Are Heading Higher

Dec 12

Akastor (OB:AKAST) Has A Somewhat Strained Balance Sheet

Jul 02

News Flash: One Akastor ASA (OB:AKAST) Analyst Has Been Trimming Their Revenue Forecasts

May 13

Akastor ASA (OB:AKAST) Just Reported Yearly Earnings And Analysts Are Lifting Their Estimates

Feb 19

It's Unlikely That The CEO Of Akastor ASA (OB:AKAST) Will See A Huge Pay Rise This Year

Apr 08

Akastor's (OB:AKAST) Shareholders Are Down 56% On Their Shares

Mar 10

Here's Why Akastor (OB:AKAST) Can Manage Its Debt Responsibly

Feb 12

Have Insiders Been Buying Akastor ASA (OB:AKAST) Shares?

Jan 17

What Type Of Shareholders Make Up Akastor ASA's (OB:AKAST) Share Registry?

Dec 21

A Look At Akastor's (OB:AKA) Share Price Returns

Nov 30

Revenue & Expenses Breakdown
Beta

How Akastor makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OB:AKAST Revenue, expenses and earnings (NOK Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	282	-386	3
30 Sep 23	1,062	-497	369
30 Jun 23	1,067	-315	369
31 Mar 23	1,070	-168	369
31 Dec 22	269	-331	3
30 Sep 22	438	-122	369
30 Jun 22	600	-285	369
31 Mar 22	809	-303	369
31 Dec 21	953	-221	369
30 Sep 21	861	-212	408
30 Jun 21	824	-176	408
31 Mar 21	4,508	-174	1,788
31 Dec 20	819	-534	408
30 Sep 20	2,221	-299	1,719
30 Jun 20	3,458	-260	1,719
31 Mar 20	5,715	-205	1,719
31 Dec 19	5,361	154	1,719
30 Sep 19	4,894	-278	1,448
30 Jun 19	4,421	-252	1,448
31 Mar 19	3,989	-98	1,448
31 Dec 18	3,800	-194	1,448
30 Sep 18	4,295	-460	1,657
30 Jun 18	3,899	-284	1,570
31 Mar 18	4,413	-1,035	1,657
31 Dec 17	3,606	-706	1,570
30 Sep 17	4,013	-1,426	2,156
30 Jun 17	3,710	-1,371	2,156
31 Mar 17	4,339	-1,717	2,156
31 Dec 16	4,805	-1,952	2,156
30 Sep 16	3,823	-1,250	3,205
30 Jun 16	5,580	-2,378	3,205
31 Mar 16	6,414	-2,025	3,205
31 Dec 15	9,580	-1,844	3,205
30 Sep 15	14,492	-2,172	6,242
30 Jun 15	16,701	-674	6,242
31 Mar 15	20,554	-1,587	6,242
31 Dec 14	21,155	-1,398	6,242
30 Sep 14	21,124	-879	6,130
30 Jun 14	20,262	-1,073	6,130
31 Mar 14	13,073	-471	6,130
31 Dec 13	18,388	-248	6,130
30 Sep 13	22,114	12	0
30 Jun 13	29,038	571	0

Quality Earnings: AKAST is currently unprofitable.

Growing Profit Margin: AKAST is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AKAST is unprofitable, and losses have increased over the past 5 years at a rate of 14.5% per year.

Accelerating Growth: Unable to compare AKAST's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AKAST is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (44.3%).

Return on Equity

High ROE: AKAST has a negative Return on Equity (-9.65%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Akastor Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: kr1.42 loss per share (vs kr1.22 loss in FY 2022)

Full year 2023 earnings released

Akastor ASA to Report Q4, 2023 Results on Feb 14, 2024

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

First quarter 2023 earnings released

Akastor ASA to Report Fiscal Year 2022 Results on Mar 29, 2023

Recent updates

We Think Some Shareholders May Hesitate To Increase Akastor ASA's (OB:AKAST) CEO Compensation

Full year 2023 earnings released: kr1.42 loss per share (vs kr1.22 loss in FY 2022)

New major risk - Financial position

New major risk - Financial position

Full year 2023 earnings released

New minor risk - Profitability

Akastor's (OB:AKAST) Returns On Capital Are Heading Higher

Akastor ASA, Annual General Meeting, Apr 16, 2024

Akastor ASA to Report Q4, 2023 Results on Feb 14, 2024

New minor risk - Profitability

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Akastor (OB:AKAST) Has A Somewhat Strained Balance Sheet

News Flash: One Akastor ASA (OB:AKAST) Analyst Has Been Trimming Their Revenue Forecasts

Consensus revenue estimates fall by 17%

First quarter 2023 earnings released

Consensus revenue estimates increase by 13%

Akastor ASA (OB:AKAST) Just Reported Yearly Earnings And Analysts Are Lifting Their Estimates

Forecast breakeven date pushed back to 2025

Is Akastor (OB:AKAST) Using Too Much Debt?

Diamond Key International Pty Limited entered into a share purchase agreement to acquire Aker Cool Sorption A/S from Akastor ASA (OB:AKAST) for DKK 20.4 million.

Director recently sold kr227k worth of stock

No independent directors

Akastor ASA to Report Fiscal Year 2022 Results on Mar 29, 2023

Third quarter 2022 earnings released

Akastor ASA to Report Q4, 2022 Results on Feb 15, 2023

Is Akastor (OB:AKAST) Using Debt Sensibly?

Second quarter 2022 earnings released: EPS: kr0.23 (vs kr0.14 in 2Q 2021)

Is Akastor (OB:AKAST) A Risky Investment?

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to kr13.50

No independent directors

Akastor Asa Elects Frank Reite as Chairperson

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Akastor ASA Announces Executive Changes

Full year 2021 earnings: Revenues exceed analyst expectations

Akastor (OB:AKAST) Has Debt But No Earnings; Should You Worry?

Third quarter 2021 earnings released

First quarter 2021 earnings released: kr0.24 loss per share

Director has left the company

It's Unlikely That The CEO Of Akastor ASA (OB:AKAST) Will See A Huge Pay Rise This Year

Full year 2020 earnings released: kr1.72 loss per share (vs kr0.57 profit in FY 2019)

Akastor's (OB:AKAST) Shareholders Are Down 56% On Their Shares

Baker Hughes and Akastor ASA Announces Joint Venture Company to Deliver Global Offshore Drilling Solutions

New 90-day high: kr7.65

Full year 2020 earnings released

Here's Why Akastor (OB:AKAST) Can Manage Its Debt Responsibly

New 90-day low: kr6.55

Have Insiders Been Buying Akastor ASA (OB:AKAST) Shares?

What Type Of Shareholders Make Up Akastor ASA's (OB:AKAST) Share Registry?

Aker Solutions Wins Hook-Up and Commissioning Assistance Contract for Johan Sverdrup

A Look At Akastor's (OB:AKA) Share Price Returns

New 90-day high: kr7.62

Third quarter earnings released

Akastor ASA to Report Q4, 2020 Results on Feb 11, 2021

New 90-day high: kr7.39

Private Equity Partners SpA, Iniziativa Gestione Investimenti SGR, Alpinvest Holding NV, and Interbanca SpA, along with management, completed the acquisition of the Negri Bossi division of John Brown Plastics Machinery business from Aker Kvaerner ASA (OB:AKVER).

Akastor ASA (OB:AKA) entered into a term sheet to acquire remaining 50% stake in Aker DOF Deepwater AS from DOF ASA (OB:DOF).

New 90-day high - kr6.17

New 90-day high - kr5.60

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
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