First Al-Noor Modaraba Past Earnings Performance
Past criteria checks 2/6
First Al-Noor Modaraba has been growing earnings at an average annual rate of 49.2%, while the Capital Markets industry saw earnings growing at 18.7% annually. Revenues have been growing at an average rate of 6.3% per year. First Al-Noor Modaraba's return on equity is 0.2%, and it has net margins of 1.1%.
Key information
49.2%
Earnings growth rate
49.0%
EPS growth rate
| Capital Markets Industry Growth | 22.2% |
| Revenue growth rate | 6.3% |
| Return on equity | 0.2% |
| Net Margin | 1.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How First Al-Noor Modaraba 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 | 35 | 0 | 32 | 0 |
| 31 Mar 24 | 34 | 0 | 30 | 0 |
| 31 Dec 23 | 30 | 0 | 28 | 0 |
| 30 Sep 23 | 31 | -4 | 27 | 0 |
| 30 Jun 23 | 35 | 1 | 27 | 0 |
| 31 Mar 23 | 46 | 13 | 27 | 0 |
| 31 Dec 22 | 46 | 10 | 28 | 0 |
| 30 Sep 22 | 42 | 7 | 28 | 0 |
| 30 Jun 22 | 38 | 2 | 27 | 0 |
| 31 Mar 22 | 21 | -10 | 25 | 0 |
| 31 Dec 21 | 23 | -6 | 24 | 0 |
| 30 Sep 21 | 24 | -2 | 25 | 0 |
| 30 Jun 21 | 27 | 1 | 26 | 0 |
| 31 Mar 21 | 30 | 1 | 28 | 0 |
| 31 Dec 20 | 30 | -1 | 29 | 0 |
| 30 Sep 20 | 34 | 2 | 31 | 0 |
| 30 Jun 20 | 30 | 0 | 31 | 0 |
| 31 Mar 20 | 31 | -5 | 34 | 0 |
| 31 Dec 19 | 30 | -7 | 34 | 0 |
| 30 Sep 19 | 25 | -14 | 30 | 0 |
| 30 Jun 19 | 26 | -14 | 30 | 0 |
| 31 Mar 19 | 26 | -10 | 26 | 0 |
| 31 Dec 18 | 26 | -19 | 26 | 0 |
| 30 Sep 18 | 25 | -19 | 27 | 0 |
| 30 Jun 18 | 25 | -25 | 27 | 0 |
| 31 Mar 18 | 32 | -29 | 27 | 0 |
| 31 Dec 17 | 35 | -13 | 27 | 0 |
| 30 Sep 17 | 38 | -5 | 24 | 0 |
| 30 Jun 17 | 39 | 3 | 23 | 0 |
| 31 Mar 17 | 36 | 18 | 23 | 0 |
| 31 Dec 16 | 33 | 13 | 23 | 0 |
| 30 Sep 16 | 27 | 6 | 24 | 0 |
| 30 Jun 16 | 23 | 0 | 23 | 0 |
| 31 Mar 16 | 15 | -7 | 24 | 0 |
| 31 Dec 15 | 0 | -23 | 23 | 0 |
| 30 Sep 15 | 6 | -19 | 24 | 0 |
| 30 Jun 15 | 6 | -15 | 25 | 0 |
| 31 Mar 15 | 14 | -11 | 24 | 0 |
| 31 Dec 14 | 34 | 12 | 25 | 0 |
| 30 Sep 14 | 38 | 18 | 26 | 0 |
| 30 Jun 14 | 42 | 21 | 25 | 0 |
| 31 Mar 14 | 42 | 22 | 20 | 0 |
| 31 Dec 13 | 40 | 14 | 24 | 0 |
| 30 Sep 13 | 38 | 11 | 22 | 0 |
Quality Earnings: FANM has high quality earnings.
Growing Profit Margin: FANM's current net profit margins (1.1%) are lower than last year (1.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FANM has become profitable over the past 5 years, growing earnings by 49.2% per year.
Accelerating Growth: FANM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FANM had negative earnings growth (-27%) over the past year, making it difficult to compare to the Capital Markets industry average (143.9%).
Return on Equity
High ROE: FANM's Return on Equity (0.2%) is considered low.