Sipex Past Earnings Performance
Past criteria checks 1/6
Sipex's earnings have been declining at an average annual rate of -44.8%, while the Trade Distributors industry saw earnings growing at 19.8% annually. Revenues have been growing at an average rate of 7.4% per year. Sipex's return on equity is 14.6%, and it has net margins of 3.5%.
Key information
-44.8%
Earnings growth rate
n/a
EPS growth rate
| Trade Distributors Industry Growth | 14.9% |
| Revenue growth rate | 7.4% |
| Return on equity | 14.6% |
| Net Margin | 3.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How Sipex 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 | 313 | 11 | 29 | 0 |
| 31 Dec 22 | 292 | 20 | 26 | 0 |
Quality Earnings: SPX has high quality earnings.
Growing Profit Margin: SPX's current net profit margins (3.5%) are lower than last year (6.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if SPX's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare SPX's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: SPX had negative earnings growth (-44.8%) over the past year, making it difficult to compare to the Trade Distributors industry average (-16.3%).
Return on Equity
High ROE: SPX's Return on Equity (14.6%) is considered low.