Red Carpet Media Group Past Earnings Performance
Past criteria checks 4/6
Red Carpet Media Group has been growing earnings at an average annual rate of 32.3%, while the Media industry saw earnings growing at 23.6% annually. Revenues have been growing at an average rate of 20.5% per year. Red Carpet Media Group's return on equity is 23%, and it has net margins of 33.3%.
Key information
32.3%
Earnings growth rate
27.5%
EPS growth rate
| Media Industry Growth | 25.1% |
| Revenue growth rate | 20.5% |
| Return on equity | 23.0% |
| Net Margin | 33.3% |
| Next Earnings Update | 14 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Red Carpet Media Group 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 Mar 24 | 12 | 4 | 6 | 0 |
| 31 Dec 23 | 12 | 4 | 6 | 0 |
| 30 Sep 23 | 11 | 3 | 6 | 0 |
| 30 Jun 23 | 11 | 4 | 6 | 0 |
| 31 Mar 23 | 10 | 3 | 5 | 0 |
| 31 Dec 22 | 9 | 3 | 5 | 0 |
| 30 Sep 22 | 10 | 5 | 4 | 0 |
| 31 Dec 21 | 7 | 3 | 2 | 0 |
| 31 Oct 20 | 3 | 0 | 1 | 0 |
| 31 Dec 19 | 2 | 0 | 2 | 0 |
| 31 Dec 18 | 0 | 0 | 1 | 0 |
Quality Earnings: RCM has a high level of non-cash earnings.
Growing Profit Margin: RCM's current net profit margins (33.3%) are higher than last year (31.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RCM's earnings have grown significantly by 32.3% per year over the past 5 years.
Accelerating Growth: RCM's earnings growth over the past year (29.2%) is below its 5-year average (32.3% per year).
Earnings vs Industry: RCM earnings growth over the past year (29.2%) exceeded the Media industry 7.8%.
Return on Equity
High ROE: RCM's Return on Equity (23%) is considered high.