Mineral Midrange Past Earnings Performance
Past criteria checks 1/6
Mineral Midrange's earnings have been declining at an average annual rate of -26.5%, while the IT industry saw earnings growing at 10.6% annually. Revenues have been growing at an average rate of 2.4% per year. Mineral Midrange's return on equity is 10.5%, and it has net margins of 2%.
Key information
-26.5%
Earnings growth rate
-26.5%
EPS growth rate
| IT Industry Growth | 15.4% |
| Revenue growth rate | 2.4% |
| Return on equity | 10.5% |
| Net Margin | 2.0% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Mineral Midrange 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 | 13 | 0 | 4 | 0 |
| 30 Sep 23 | 11 | 0 | 4 | 0 |
| 30 Jun 23 | 12 | 0 | 4 | 0 |
| 31 Mar 23 | 10 | 0 | 4 | 0 |
| 31 Dec 22 | 9 | 0 | 4 | 0 |
| 30 Sep 22 | 11 | 0 | 4 | 0 |
| 30 Jun 22 | 11 | 0 | 4 | 0 |
| 31 Mar 22 | 10 | 0 | 3 | 0 |
| 31 Dec 21 | 9 | 0 | 3 | 0 |
| 30 Sep 21 | 8 | 0 | 3 | 0 |
| 30 Jun 21 | 8 | 0 | 3 | 0 |
| 31 Mar 21 | 9 | 0 | 3 | 0 |
| 31 Dec 20 | 9 | 1 | 3 | 0 |
| 30 Sep 20 | 9 | 0 | 3 | 0 |
| 30 Jun 20 | 9 | 1 | 3 | 0 |
| 31 Mar 20 | 10 | 1 | 3 | 0 |
| 31 Dec 19 | 9 | 0 | 3 | 0 |
| 30 Sep 19 | 11 | 1 | 3 | 0 |
| 30 Jun 19 | 11 | 1 | 3 | 0 |
| 31 Mar 19 | 10 | 1 | 3 | 0 |
| 31 Dec 18 | 11 | 1 | 3 | 0 |
| 30 Sep 18 | 10 | 0 | 3 | 0 |
| 30 Jun 18 | 9 | -1 | 3 | 0 |
| 31 Mar 18 | 9 | -1 | 3 | 0 |
| 31 Dec 17 | 9 | -1 | 3 | 0 |
| 30 Sep 17 | 10 | -1 | 3 | 0 |
| 30 Jun 17 | 10 | 0 | 3 | 0 |
| 31 Mar 17 | 11 | 0 | 3 | 0 |
| 31 Dec 16 | 11 | 0 | 3 | 0 |
| 30 Sep 16 | 10 | 0 | 3 | 0 |
| 30 Jun 16 | 10 | 0 | 3 | 0 |
| 31 Mar 16 | 10 | 0 | 3 | 0 |
| 31 Dec 15 | 9 | 0 | 3 | 0 |
| 30 Sep 15 | 9 | 0 | 3 | 0 |
| 30 Jun 15 | 9 | 0 | 3 | 0 |
| 31 Mar 15 | 10 | 0 | 3 | 0 |
| 31 Dec 14 | 10 | 1 | 3 | 0 |
| 30 Sep 14 | 10 | 1 | 3 | 0 |
| 30 Jun 14 | 10 | 1 | 3 | 0 |
| 31 Mar 14 | 9 | 1 | 3 | 0 |
| 31 Dec 13 | 7 | 0 | 3 | 0 |
| 30 Sep 13 | 6 | 0 | 5 | 0 |
| 30 Jun 13 | 7 | 0 | 4 | 0 |
Quality Earnings: MND has high quality earnings.
Growing Profit Margin: MND's current net profit margins (2%) are lower than last year (3.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MND's earnings have declined by 26.5% per year over the past 5 years.
Accelerating Growth: MND's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MND had negative earnings growth (-21.8%) over the past year, making it difficult to compare to the IT industry average (26.4%).
Return on Equity
High ROE: MND's Return on Equity (10.5%) is considered low.