Sipex Past Earnings Performance
Past criteria checks 1/6
Sipex's earnings have been declining at an average annual rate of -30.5%, while the Trade Distributors industry saw earnings growing at 16.4% annually. Revenues have been growing at an average rate of 7.9% per year. Sipex's return on equity is 13.8%, and it has net margins of 3.3%.
Key information
-30.5%
Earnings growth rate
n/a
EPS growth rate
| Trade Distributors Industry Growth | 14.9% |
| Revenue growth rate | 7.9% |
| Return on equity | 13.8% |
| Net Margin | 3.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 326 | 11 | 30 | 0 |
| 31 Mar 24 | 320 | 10 | 30 | 0 |
| 31 Dec 23 | 313 | 11 | 29 | 0 |
| 01 Jan 23 | 292 | 20 | 26 | 0 |
Quality Earnings: SPX has high quality earnings.
Growing Profit Margin: SPX's current net profit margins (3.3%) are lower than last year (5.2%).
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 (-30.5%) over the past year, making it difficult to compare to the Trade Distributors industry average (-18.6%).
Return on Equity
High ROE: SPX's Return on Equity (13.8%) is considered low.