Barka Desalination Company SAOG Past Earnings Performance
Past criteria checks 2/6
Barka Desalination Company SAOG has been growing earnings at an average annual rate of 19.8%, while the Water Utilities industry saw earnings growing at 5.3% annually. Revenues have been growing at an average rate of 3.8% per year. Barka Desalination Company SAOG's return on equity is 3.2%, and it has net margins of 2.9%.
Key information
19.8%
Earnings growth rate
6.7%
EPS growth rate
Water Utilities Industry Growth | 4.8% |
Revenue growth rate | 3.8% |
Return on equity | 3.2% |
Net Margin | 2.9% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Barka Desalination Company SAOG 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 | 20 | 1 | 0 | 0 |
31 Dec 23 | 19 | 1 | 0 | 0 |
30 Sep 23 | 19 | 1 | 0 | 0 |
30 Jun 23 | 20 | 1 | 0 | 0 |
31 Mar 23 | 19 | 1 | 0 | 0 |
31 Dec 22 | 19 | 2 | 0 | 0 |
30 Sep 22 | 19 | 1 | 0 | 0 |
30 Jun 22 | 19 | 1 | 0 | 0 |
31 Mar 22 | 18 | 1 | 0 | 0 |
31 Dec 21 | 18 | 1 | 0 | 0 |
30 Sep 21 | 18 | 1 | 0 | 0 |
30 Jun 21 | 18 | 1 | 0 | 0 |
31 Mar 21 | 17 | 0 | 0 | 0 |
31 Dec 20 | 17 | 0 | 0 | 0 |
31 Dec 19 | 17 | 0 | 0 | 0 |
31 Dec 18 | 10 | 4 | 0 | 0 |
Quality Earnings: BRDE has high quality earnings.
Growing Profit Margin: BRDE's current net profit margins (2.9%) are lower than last year (7.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BRDE's earnings have grown by 19.8% per year over the past 5 years.
Accelerating Growth: BRDE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BRDE had negative earnings growth (-60.1%) over the past year, making it difficult to compare to the Water Utilities industry average (-5.2%).
Return on Equity
High ROE: BRDE's Return on Equity (3.2%) is considered low.