Third Age Health Services Past Earnings Performance
Past criteria checks 1/6
Third Age Health Services's earnings have been declining at an average annual rate of -11.9%, while the Healthcare industry saw earnings growing at 13.7% annually. Revenues have been growing at an average rate of 37.7% per year. Third Age Health Services's return on equity is 23.4%, and it has net margins of 4.7%.
Key information
-11.9%
Earnings growth rate
-16.3%
EPS growth rate
| Healthcare Industry Growth | 13.0% |
| Revenue growth rate | 37.7% |
| Return on equity | 23.4% |
| Net Margin | 4.7% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Third Age Health Services 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 | 14 | 1 | 4 | 0 |
| 30 Jun 23 | 13 | 1 | 4 | 0 |
| 31 Mar 23 | 11 | 0 | 3 | 0 |
| 31 Dec 22 | 9 | 1 | 3 | 0 |
| 30 Sep 22 | 8 | 1 | 3 | 0 |
| 30 Jun 22 | 7 | 1 | 2 | 0 |
| 31 Mar 22 | 6 | 1 | 2 | 0 |
| 31 Dec 21 | 6 | 1 | 2 | 0 |
| 30 Sep 21 | 6 | 1 | 1 | 0 |
| 30 Jun 21 | 6 | 1 | 1 | 0 |
| 31 Mar 21 | 5 | 1 | 1 | 0 |
| 30 Sep 20 | 5 | 1 | 1 | 0 |
| 30 Jun 20 | 5 | 1 | 1 | 0 |
| 31 Mar 20 | 5 | 1 | 1 | 0 |
| 31 Mar 19 | 5 | 1 | 1 | 0 |
| 31 Mar 18 | 5 | 0 | 1 | 0 |
| 31 Mar 17 | 4 | 0 | 1 | 0 |
Quality Earnings: TAH has a large one-off loss of NZ$309.5K impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: TAH's current net profit margins (4.7%) are lower than last year (10.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TAH's earnings have declined by 11.9% per year over the past 5 years.
Accelerating Growth: TAH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TAH had negative earnings growth (-20.1%) over the past year, making it difficult to compare to the Healthcare industry average (-20.1%).
Return on Equity
High ROE: TAH's Return on Equity (23.4%) is considered high.