Accordant Group Past Earnings Performance
Past criteria checks 0/6
Accordant Group's earnings have been declining at an average annual rate of -2%, while the Professional Services industry saw earnings growing at 3.7% annually. Revenues have been declining at an average rate of 5.1% per year. Accordant Group's return on equity is 3%, and it has net margins of 0.5%.
Key information
-2.0%
Earnings growth rate
-2.5%
EPS growth rate
| Professional Services Industry Growth | 12.1% |
| Revenue growth rate | -5.1% |
| Return on equity | 3.0% |
| Net Margin | 0.5% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Risks Still Elevated At These Prices As Accordant Group Limited (NZSE:AGL) Shares Dive 27%
Mar 18
Is Accordant Group (NZSE:AGL) Using Too Much Debt?
Nov 29Accordant Group (NZSE:AGL) Is Paying Out Less In Dividends Than Last Year
Oct 31Here's Why Accordant Group (NZSE:AGL) Has A Meaningful Debt Burden
Aug 02Accordant Group (NZSE:AGL) Is Paying Out A Dividend Of NZ$0.065
Nov 16Accordant Group (NZSE:AGL) Is Due To Pay A Dividend Of NZ$0.065
Oct 28Is Accordant Group (NZSE:AGL) Using Too Much Debt?
Jun 01Is Accordant Group (NZSE:AGL) Using Too Much Debt?
Sep 14Should You Be Adding Accordant Group (NZSE:AGL) To Your Watchlist Today?
May 31Accordant Group (NZSE:AGL) Has A Pretty Healthy Balance Sheet
Mar 22Can Mixed Fundamentals Have A Negative Impact on Accordant Group Limited (NZSE:AGL) Current Share Price Momentum?
Jan 28Accordant Group (NZSE:AGL) Has A Pretty Healthy Balance Sheet
Dec 21Here's Why Accordant Group's (NZSE:AGL) Statutory Earnings Are Arguably Too Conservative
Nov 25Revenue & Expenses BreakdownBeta
How Accordant 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 23 | 216 | 1 | 0 | 0 |
| 30 Jun 23 | 222 | 2 | 0 | 0 |
| 31 Mar 23 | 227 | 2 | 0 | 0 |
| 31 Dec 22 | 231 | 3 | 0 | 0 |
| 30 Sep 22 | 234 | 4 | 0 | 0 |
| 30 Jun 22 | 228 | 3 | 0 | 0 |
| 31 Mar 22 | 222 | 3 | 0 | 0 |
| 31 Dec 21 | 216 | 4 | 0 | 0 |
| 30 Sep 21 | 210 | 4 | 0 | 0 |
| 30 Jun 21 | 208 | 5 | 0 | 0 |
| 31 Mar 21 | 205 | 6 | 0 | 0 |
| 31 Dec 20 | 218 | 6 | 0 | 0 |
| 30 Sep 20 | 230 | 5 | 0 | 0 |
| 30 Jun 20 | 247 | 4 | 0 | 0 |
| 31 Mar 20 | 264 | 3 | 0 | 0 |
| 31 Dec 19 | 264 | 2 | 0 | 0 |
| 30 Sep 19 | 265 | 1 | 0 | 0 |
| 30 Jun 19 | 267 | 2 | 0 | 0 |
| 31 Mar 19 | 268 | 2 | 0 | 0 |
| 31 Dec 18 | 273 | 3 | 0 | 0 |
| 30 Sep 18 | 278 | 4 | 0 | 0 |
| 30 Jun 18 | 279 | 4 | 0 | 0 |
| 31 Mar 18 | 279 | 5 | 0 | 0 |
| 31 Dec 17 | 280 | 5 | 0 | 0 |
| 30 Sep 17 | 280 | 5 | 0 | 0 |
| 30 Jun 17 | 268 | 6 | 0 | 0 |
| 31 Mar 17 | 256 | 6 | 0 | 0 |
| 31 Dec 16 | 242 | 6 | 0 | 0 |
| 30 Sep 16 | 228 | 6 | 0 | 0 |
| 30 Jun 16 | 221 | 5 | 0 | 0 |
| 31 Mar 16 | 215 | 5 | 0 | 0 |
| 31 Dec 15 | 209 | 6 | 0 | 0 |
| 30 Sep 15 | 204 | 6 | 0 | 0 |
| 30 Jun 15 | 200 | 6 | 0 | 0 |
| 31 Mar 15 | 196 | 5 | 0 | 0 |
| 31 Dec 14 | 191 | 5 | 0 | 0 |
| 30 Sep 14 | 185 | 5 | 0 | 0 |
| 30 Jun 14 | 167 | 4 | 0 | 0 |
| 31 Mar 14 | 149 | 4 | 0 | 0 |
| 31 Dec 13 | 140 | 4 | 0 | 0 |
| 30 Sep 13 | 131 | 4 | 0 | 0 |
| 30 Jun 13 | 131 | 5 | 0 | 0 |
Quality Earnings: AGL has a large one-off loss of NZ$488.0K impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: AGL's current net profit margins (0.5%) are lower than last year (1.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AGL's earnings have declined by 2% per year over the past 5 years.
Accelerating Growth: AGL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AGL had negative earnings growth (-70.6%) over the past year, making it difficult to compare to the Professional Services industry average (1.4%).
Return on Equity
High ROE: AGL's Return on Equity (3%) is considered low.