Premiere Island Power Reit Past Earnings Performance
Past criteria checks 4/6
Premiere Island Power Reit has been growing earnings at an average annual rate of 42.4%, while the REITs industry saw earnings growing at 14.8% annually. Revenues have been growing at an average rate of 12.5% per year. Premiere Island Power Reit's return on equity is 7.6%, and it has net margins of 106.6%.
Key information
42.4%
Earnings growth rate
53.9%
EPS growth rate
| REITs Industry Growth | 12.2% |
| Revenue growth rate | 12.5% |
| Return on equity | 7.6% |
| Net Margin | 106.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Premiere Island Power Reit 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 24 | 644 | 686 | 0 | 0 |
| 30 Jun 24 | 644 | 692 | 0 | 0 |
| 31 Mar 24 | 644 | 697 | 0 | 0 |
| 31 Dec 23 | 644 | 704 | 0 | 0 |
| 30 Sep 23 | 680 | 380 | -3 | 0 |
| 30 Jun 23 | 731 | 426 | 0 | 0 |
| 31 Dec 22 | 426 | 167 | 0 | 0 |
| 31 Dec 21 | 401 | 75 | 24 | 0 |
| 31 Dec 20 | 389 | 57 | 29 | 0 |
| 31 Dec 19 | 409 | 26 | 28 | 0 |
Quality Earnings: PREIT has a large one-off gain of ₱213.5M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: PREIT's current net profit margins are higher than last year (55.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PREIT's earnings have grown significantly by 42.4% per year over the past 5 years.
Accelerating Growth: PREIT's earnings growth over the past year (80.8%) exceeds its 5-year average (42.4% per year).
Earnings vs Industry: PREIT earnings growth over the past year (80.8%) exceeded the REITs industry -0.5%.
Return on Equity
High ROE: PREIT's Return on Equity (7.6%) is considered low.