MREIT Past Earnings Performance
Past criteria checks 1/6
MREIT's earnings have been declining at an average annual rate of -50.6%, while the Office REITs industry saw earnings growing at 5.8% annually. Revenues have been growing at an average rate of 20.6% per year. MREIT's return on equity is 0.3%, and it has net margins of 5.4%.
Key information
-50.6%
Earnings growth rate
42.5%
EPS growth rate
| Office REITs Industry Growth | 5.1% |
| Revenue growth rate | 20.6% |
| Return on equity | 0.3% |
| Net Margin | 5.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How MREIT 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 Jun 24 | 3,240 | 174 | 30 | 0 |
| 31 Mar 24 | 3,249 | 171 | 30 | 0 |
| 31 Dec 23 | 3,223 | 168 | 30 | 0 |
| 30 Sep 23 | 3,147 | 8 | 18 | 0 |
| 30 Jun 23 | 3,064 | -76 | 18 | 0 |
| 31 Mar 23 | 2,987 | -133 | 18 | 0 |
| 31 Dec 22 | 2,918 | -177 | 18 | 0 |
| 30 Sep 22 | 3,798 | 5,227 | 13 | 0 |
| 31 Mar 22 | 3,138 | 4,728 | 13 | 0 |
| 31 Dec 21 | 2,395 | 4,028 | 13 | 0 |
| 30 Jun 21 | 390 | 651 | 3 | 0 |
Quality Earnings: MREIT has a large one-off loss of ₱2.7B impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: MREIT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MREIT's earnings have declined by 50.6% per year over the past 5 years.
Accelerating Growth: MREIT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MREIT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Office REITs industry (-5.2%).
Return on Equity
High ROE: MREIT's Return on Equity (0.3%) is considered low.