Larq Past Earnings Performance
We're still processing the latest earnings report of this company
Past criteria checks 2/6
Larq has been growing earnings at an average annual rate of 32.8%, while the Media industry saw earnings growing at 19.7% annually. Revenues have been declining at an average rate of 53.1% per year. Larq's return on equity is 16.3%, and it has net margins of 2823.6%.
Key information
32.8%
Earnings growth rate
35.2%
EPS growth rate
| Media Industry Growth | 25.1% |
| Revenue growth rate | -53.1% |
| Return on equity | 16.3% |
| Net Margin | 2,823.6% |
| Next Earnings Update | 30 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Larq 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 23 | 0 | 8 | 1 | 0 |
| 30 Jun 23 | 0 | 7 | 1 | 0 |
| 31 Mar 23 | 0 | -3 | 1 | 0 |
| 31 Dec 22 | 0 | -5 | 1 | 0 |
| 30 Sep 22 | 0 | -3 | 1 | 0 |
| 30 Jun 22 | 0 | -5 | 1 | 0 |
| 31 Mar 22 | 0 | -8 | 1 | 0 |
| 31 Dec 21 | 0 | -9 | 1 | 0 |
| 30 Sep 21 | 0 | -15 | 2 | 0 |
| 30 Jun 21 | 0 | -30 | 2 | 0 |
| 31 Mar 21 | 0 | -33 | 2 | 0 |
| 31 Dec 20 | 0 | -45 | 3 | 0 |
| 30 Sep 20 | 0 | -48 | 3 | 0 |
| 30 Jun 20 | 0 | -38 | 3 | 0 |
| 31 Mar 20 | 0 | -34 | 4 | 0 |
| 31 Dec 19 | 0 | -29 | 4 | 0 |
| 30 Sep 19 | 3 | -20 | 4 | 0 |
| 30 Jun 19 | 3 | -24 | 5 | 0 |
| 31 Mar 19 | 3 | -35 | 4 | 0 |
| 31 Dec 18 | 3 | -13 | 4 | 0 |
| 30 Sep 18 | 1 | -14 | 2 | 0 |
| 30 Jun 18 | 1 | 16 | 2 | 0 |
| 31 Mar 18 | 0 | 48 | 5 | 0 |
| 31 Dec 17 | 1 | 35 | 6 | 0 |
| 30 Sep 17 | -52 | 67 | -2 | 0 |
| 30 Jun 17 | -29 | 50 | 2 | 0 |
| 31 Mar 17 | -7 | 36 | 2 | 0 |
| 31 Dec 16 | 5 | 32 | 5 | 0 |
| 30 Sep 16 | 69 | 0 | 33 | 0 |
| 30 Jun 16 | 57 | -2 | 32 | 0 |
| 31 Mar 16 | 52 | -7 | 32 | 0 |
| 31 Dec 15 | 44 | -10 | 33 | 0 |
| 30 Sep 15 | 45 | -9 | 21 | 0 |
| 30 Jun 15 | 53 | -7 | 23 | 0 |
| 31 Mar 15 | 48 | -5 | 26 | 0 |
| 31 Dec 14 | 52 | 0 | 24 | 0 |
| 30 Sep 14 | 55 | -6 | 23 | 0 |
| 30 Jun 14 | 44 | -8 | 20 | 0 |
| 31 Mar 14 | 41 | -7 | 17 | 0 |
| 31 Dec 13 | 41 | -7 | 17 | 0 |
| 30 Sep 13 | 43 | 0 | 15 | 0 |
| 30 Jun 13 | 47 | 1 | 15 | 0 |
Quality Earnings: LRQ has a large one-off gain of PLN16.2M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: LRQ became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LRQ has become profitable over the past 5 years, growing earnings by 32.8% per year.
Accelerating Growth: LRQ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: LRQ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (8.8%).
Return on Equity
High ROE: LRQ's Return on Equity (16.3%) is considered low.