Tamkeen Insurance Past Earnings Performance
Past criteria checks 1/6
Tamkeen Insurance has been growing earnings at an average annual rate of 15%, while the Insurance industry saw earnings growing at 2% annually. Revenues have been growing at an average rate of 15.4% per year. Tamkeen Insurance's return on equity is 7.1%, and it has net margins of 4%.
Key information
15.0%
Earnings growth rate
10.3%
EPS growth rate
| Insurance Industry Growth | -6.4% |
| Revenue growth rate | 15.4% |
| Return on equity | 7.1% |
| Net Margin | 4.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Tamkeen Insurance 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 | 33 | 1 | 6 | 0 |
| 31 Mar 24 | 32 | 1 | 6 | 0 |
| 31 Dec 23 | 33 | 1 | 6 | 0 |
| 30 Sep 23 | 32 | 2 | 6 | 0 |
| 30 Jun 23 | 32 | 2 | 6 | 0 |
| 31 Mar 23 | 32 | 2 | 6 | 0 |
| 31 Dec 22 | 32 | 2 | 6 | 0 |
| 30 Sep 22 | 8 | 1 | 5 | 0 |
| 30 Jun 22 | 14 | 1 | 5 | 0 |
| 31 Mar 22 | 21 | 1 | 6 | 0 |
| 31 Dec 21 | 27 | 1 | 5 | 0 |
| 30 Sep 21 | 26 | 1 | 6 | 0 |
| 30 Jun 21 | 26 | 1 | 6 | 0 |
| 31 Mar 21 | 25 | 1 | 6 | 0 |
| 31 Dec 20 | 24 | 1 | 6 | 0 |
| 31 Dec 19 | 16 | 1 | 5 | 0 |
| 31 Dec 18 | 4 | -1 | 3 | 0 |
| 28 Feb 18 | 0 | -1 | 1 | 0 |
Quality Earnings: TPIC has a large one-off gain of $728.6K impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: TPIC's current net profit margins (4%) are lower than last year (7.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TPIC's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: TPIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TPIC had negative earnings growth (-47.1%) over the past year, making it difficult to compare to the Insurance industry average (-24.7%).
Return on Equity
High ROE: TPIC's Return on Equity (7.1%) is considered low.