Third Age Health Services Past Earnings Performance
Past criteria checks 4/6
Third Age Health Services's earnings have been declining at an average annual rate of -4.4%, while the Healthcare industry saw earnings growing at 13.7% annually. Revenues have been growing at an average rate of 27.7% per year. Third Age Health Services's return on equity is 47.5%, and it has net margins of 9.2%.
Key information
-4.4%
Earnings growth rate
-8.5%
EPS growth rate
| Healthcare Industry Growth | 13.0% |
| Revenue growth rate | 27.7% |
| Return on equity | 47.5% |
| Net Margin | 9.2% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 31 Mar 24 | 15 | 1 | -18 | 0 |
| 31 Dec 23 | 15 | 1 | -45 | 0 |
| 30 Sep 23 | 14 | 1 | 4 | 0 |
| 30 Jun 23 | 13 | 1 | 4 | 0 |
| 31 Mar 23 | 11 | 0 | -73 | 0 |
| 31 Dec 22 | 9 | 1 | -35 | 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$21.3M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: TAH's current net profit margins (9.2%) are higher than last year (3.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TAH's earnings have declined by 4.4% per year over the past 5 years.
Accelerating Growth: TAH's earnings growth over the past year (218.9%) exceeds its 5-year average (-4.4% per year).
Earnings vs Industry: TAH earnings growth over the past year (218.9%) exceeded the Healthcare industry 69%.
Return on Equity
High ROE: TAH's Return on Equity (47.5%) is considered outstanding.