Mera Past Earnings Performance
Past criteria checks 0/6
Mera's earnings have been declining at an average annual rate of -46.4%, while the Building industry saw earnings growing at 12.9% annually. Revenues have been growing at an average rate of 3.4% per year. Mera's return on equity is 0.1%, and it has net margins of 0.3%.
Key information
-46.4%
Earnings growth rate
-39.7%
EPS growth rate
| Building Industry Growth | 18.9% |
| Revenue growth rate | 3.4% |
| Return on equity | 0.1% |
| Net Margin | 0.3% |
| Next Earnings Update | 15 May 2024 |
Revenue & Expenses BreakdownBeta
How Mera 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 Dec 23 | 19 | 0 | 6 | 0 |
| 30 Sep 23 | 21 | 0 | 6 | 0 |
| 30 Jun 23 | 21 | 0 | 6 | 0 |
| 31 Mar 23 | 22 | 0 | 6 | 0 |
| 31 Dec 22 | 22 | 0 | 7 | 0 |
| 30 Sep 22 | 22 | 2 | 6 | 0 |
| 30 Jun 22 | 23 | 1 | 7 | 0 |
| 31 Mar 22 | 23 | 1 | 7 | 0 |
| 31 Dec 21 | 23 | 1 | 7 | 0 |
| 31 Dec 20 | 15 | 0 | 5 | 0 |
| 30 Sep 18 | 37 | 1 | 16 | 0 |
| 30 Jun 18 | 39 | 1 | 18 | 0 |
| 31 Mar 18 | 39 | 1 | 18 | 0 |
| 31 Dec 17 | 39 | 1 | 18 | 0 |
| 30 Sep 17 | 44 | 1 | 18 | 0 |
| 30 Jun 17 | 43 | 1 | 18 | 0 |
| 31 Mar 17 | 46 | 1 | 20 | 0 |
| 31 Dec 16 | 46 | 1 | 20 | 0 |
| 30 Sep 16 | 44 | 2 | 19 | 0 |
| 30 Jun 16 | 45 | 2 | 18 | 0 |
| 31 Mar 16 | 44 | 2 | 17 | 0 |
| 31 Dec 15 | 44 | 1 | 17 | 0 |
| 30 Sep 15 | 52 | 2 | 21 | 0 |
| 30 Jun 15 | 52 | 2 | 22 | 0 |
| 31 Mar 15 | 56 | 2 | 23 | 0 |
| 31 Dec 14 | 57 | 2 | 22 | 0 |
| 30 Sep 14 | 54 | 2 | 24 | 0 |
| 30 Jun 14 | 59 | 1 | 27 | 0 |
| 31 Mar 14 | 56 | 1 | 26 | 0 |
| 31 Dec 13 | 53 | 1 | 25 | 0 |
| 30 Sep 13 | 50 | 1 | 24 | 0 |
| 30 Jun 13 | 42 | 2 | 18 | 0 |
Quality Earnings: MER has a large one-off gain of PLN3.4M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: MER's current net profit margins (0.3%) are lower than last year (1.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MER's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: MER's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MER had negative earnings growth (-84.9%) over the past year, making it difficult to compare to the Building industry average (-17.8%).
Return on Equity
High ROE: MER's Return on Equity (0.1%) is considered low.