REC Silicon Past Earnings Performance
Past criteria checks 2/6
REC Silicon has been growing earnings at an average annual rate of 35.4%, while the Semiconductor industry saw earnings growing at 30.7% annually. Revenues have been declining at an average rate of 6% per year. REC Silicon's return on equity is 39.9%, and it has net margins of 21.6%.
Key information
35.4%
Earnings growth rate
49.0%
EPS growth rate
| Semiconductor Industry Growth | 23.8% |
| Revenue growth rate | -6.0% |
| Return on equity | 39.9% |
| Net Margin | 21.6% |
| Next Earnings Update | 10 May 2024 |
Recent past performance updates
Recent updates
There Are Some Reasons To Suggest That REC Silicon's (OB:RECSI) Earnings Are A Poor Reflection Of Profitability
Feb 15
REC Silicon ASA's (OB:RECSI) P/S Still Appears To Be Reasonable
Jan 18Why Investors Shouldn't Be Surprised By REC Silicon ASA's (OB:RECSI) P/S
Jun 01Need To Know: This Analyst Just Made A Substantial Cut To Their REC Silicon ASA (OB:RECSI) Estimates
Feb 25Is REC Silicon (OB:RECSI) A Risky Investment?
Sep 28Is REC Silicon (OB:RECSI) Using Debt In A Risky Way?
Jun 08Party Time: One Broker Just Made Major Increases To Their REC Silicon ASA (OB:RECSI) Earnings Forecast
Feb 13Is REC Silicon (OB:RECSI) A Risky Investment?
Dec 15A Look At The Fair Value Of REC Silicon ASA (OB:RECSI)
Nov 18Here's Why REC Silicon (OB:RECSI) Can Afford Some Debt
Aug 01Is REC Silicon (OB:RECSI) A Risky Investment?
Apr 14REC Silicon ASA (OB:RECSI) Analysts Just Trimmed Their Revenue Forecasts By 22%
Feb 20An Intrinsic Calculation For REC Silicon ASA (OB:RECSI) Suggests It's 49% Undervalued
Feb 15
REC Silicon (OB:RECSI) Shareholders Have Enjoyed A Whopping 512% Share Price Gain
Dec 23Revenue & Expenses BreakdownBeta
How REC Silicon 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 Dec 23 | 141 | 31 | 66 | 0 |
| 30 Sep 23 | 132 | -100 | 59 | 0 |
| 30 Jun 23 | 134 | -104 | 53 | 0 |
| 31 Mar 23 | 142 | -113 | 47 | 0 |
| 31 Dec 22 | 148 | -87 | 42 | 0 |
| 30 Sep 22 | 160 | -74 | 42 | 0 |
| 30 Jun 22 | 159 | -62 | 40 | 0 |
| 31 Mar 22 | 150 | -44 | 40 | 0 |
| 31 Dec 21 | 143 | -43 | 40 | 0 |
| 30 Sep 21 | 136 | -57 | 41 | 0 |
| 30 Jun 21 | 130 | -10 | 41 | 0 |
| 31 Mar 21 | 126 | -45 | 39 | 0 |
| 31 Dec 20 | 122 | -47 | 38 | 0 |
| 30 Sep 20 | 118 | -66 | 36 | 0 |
| 30 Jun 20 | 124 | -116 | 37 | 0 |
| 31 Mar 20 | 140 | -114 | 41 | 0 |
| 31 Dec 19 | 160 | -127 | 45 | 0 |
| 30 Sep 19 | 177 | -90 | 65 | 0 |
| 30 Jun 19 | 185 | -89 | 68 | 0 |
| 31 Mar 19 | 197 | -425 | 70 | 0 |
| 31 Dec 18 | 221 | -342 | 76 | 0 |
| 30 Sep 18 | 250 | -484 | 85 | 0 |
| 30 Jun 18 | 282 | -585 | 89 | 0 |
| 31 Mar 18 | 285 | -273 | 93 | 0 |
| 31 Dec 17 | 272 | -351 | 92 | 0 |
| 30 Sep 17 | 275 | -165 | 67 | 0 |
| 30 Jun 17 | 250 | -143 | 65 | 0 |
| 31 Mar 17 | 260 | -100 | 67 | 0 |
| 31 Dec 16 | 271 | -147 | 71 | 0 |
| 30 Sep 16 | 266 | -294 | 97 | 0 |
| 30 Jun 16 | 302 | -162 | 103 | 0 |
| 31 Mar 16 | 324 | -174 | 107 | 0 |
| 31 Dec 15 | 330 | -63 | 108 | 0 |
| 30 Sep 15 | 381 | 168 | 110 | 0 |
| 30 Jun 15 | 420 | 254 | 111 | 0 |
| 31 Mar 15 | 454 | 310 | 111 | 0 |
| 31 Dec 14 | 493 | 213 | 112 | 0 |
| 30 Sep 14 | 490 | 91 | 113 | 0 |
| 30 Jun 14 | 482 | -64 | 116 | 0 |
| 31 Mar 14 | 437 | -175 | 119 | 0 |
| 31 Dec 13 | 418 | -160 | 124 | 0 |
| 30 Sep 13 | 420 | -495 | 121 | 0 |
| 30 Jun 13 | 405 | -522 | 124 | 0 |
Quality Earnings: RECSI has a high level of non-cash earnings.
Growing Profit Margin: RECSI became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RECSI has become profitable over the past 5 years, growing earnings by 35.4% per year.
Accelerating Growth: RECSI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RECSI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (22.8%).
Return on Equity
High ROE: Whilst RECSI's Return on Equity (39.92%) is high, this metric is skewed due to their high level of debt.