Waves Home Appliances Past Earnings Performance
Past criteria checks 2/6
Waves Home Appliances has been growing earnings at an average annual rate of 3%, while the Luxury industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 43.5% per year. Waves Home Appliances's return on equity is 1.1%, and it has net margins of 2.6%.
Key information
3.0%
Earnings growth rate
-3.7%
EPS growth rate
| Luxury Industry Growth | 25.6% |
| Revenue growth rate | 43.5% |
| Return on equity | 1.1% |
| Net Margin | 2.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Waves Home Appliances 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 | 3,324 | 86 | 343 | 0 |
| 30 Jun 24 | 3,557 | 117 | 404 | 0 |
| 31 Mar 24 | 3,893 | 99 | 448 | 0 |
| 31 Dec 23 | 4,176 | 116 | 484 | 0 |
| 30 Sep 23 | 3,839 | -200 | 499 | 0 |
| 30 Jun 23 | 4,320 | -222 | 531 | 0 |
| 31 Mar 23 | 5,827 | -60 | 603 | 0 |
| 31 Dec 22 | 7,423 | 13 | 732 | 0 |
| 30 Sep 22 | 8,992 | 346 | 883 | 0 |
| 30 Jun 22 | 7,660 | 327 | 711 | 0 |
| 31 Mar 22 | 4,819 | 127 | 533 | 0 |
| 31 Dec 21 | 2,084 | 27 | 275 | 0 |
| 30 Sep 21 | 33 | -13 | 10 | 0 |
| 30 Jun 21 | 0 | -19 | 14 | 0 |
| 31 Mar 21 | 0 | -20 | 19 | 0 |
| 31 Dec 20 | 0 | -22 | 16 | 0 |
| 30 Sep 20 | 0 | -22 | 17 | 0 |
| 30 Jun 20 | 0 | -2 | 17 | 0 |
| 31 Mar 20 | 0 | 15 | 32 | 0 |
| 31 Dec 19 | 0 | 35 | 43 | 0 |
| 30 Sep 19 | 1 | 142 | 51 | 0 |
| 30 Jun 19 | 45 | 91 | 60 | 0 |
| 31 Mar 19 | 134 | -456 | 59 | 0 |
| 31 Dec 18 | 239 | -662 | 63 | 0 |
| 30 Sep 18 | 321 | -851 | 68 | 0 |
| 30 Jun 18 | 396 | -898 | 71 | 0 |
| 31 Mar 18 | 496 | -506 | 65 | 0 |
| 31 Dec 17 | 590 | -371 | 67 | 0 |
| 30 Sep 17 | 772 | -316 | 71 | 0 |
| 30 Jun 17 | 974 | -283 | 74 | 0 |
| 31 Mar 17 | 1,064 | -173 | 82 | 0 |
| 31 Dec 16 | 1,174 | -135 | 83 | 0 |
| 30 Sep 16 | 1,203 | -117 | 84 | 0 |
| 30 Jun 16 | 1,272 | -96 | 90 | 0 |
| 31 Mar 16 | 1,202 | -107 | 90 | 0 |
| 31 Dec 15 | 1,288 | -191 | 91 | 0 |
| 30 Sep 15 | 1,529 | -304 | 92 | 0 |
| 30 Jun 15 | 1,643 | -30 | 89 | 0 |
| 31 Mar 15 | 1,985 | 38 | 90 | 0 |
| 31 Dec 14 | 2,035 | 64 | 93 | 0 |
| 30 Sep 14 | 2,181 | 128 | 99 | 0 |
| 30 Jun 14 | 2,537 | -148 | 99 | 0 |
| 31 Mar 14 | 2,629 | -212 | 111 | 0 |
| 31 Dec 13 | 2,892 | -169 | 107 | 0 |
Quality Earnings: WAVESAPP has a large one-off gain of PKR62.7M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: WAVESAPP became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WAVESAPP has become profitable over the past 5 years, growing earnings by 3% per year.
Accelerating Growth: WAVESAPP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WAVESAPP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (-6.3%).
Return on Equity
High ROE: WAVESAPP's Return on Equity (1.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:18 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Waves Home Appliances Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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