Progres a.d Past Earnings Performance

Past criteria checks 0/6

Progres a.d's earnings have been declining at an average annual rate of -46.2%, while the Oil and Gas industry saw earnings growing at 29.3% annually. Revenues have been declining at an average rate of 1.8% per year.

Key information

-46.2%

Earnings growth rate

-44.3%

EPS growth rate

Oil and Gas Industry Growth	27.8%
Revenue growth rate	-1.8%
Return on equity	-6.6%
Net Margin	-455.2%
Last Earnings Update	30 Jun 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Progres a.d makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BELEX:PRGS Revenue, expenses and earnings (RSD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	28	-129	76
31 Mar 24	33	-128	78
31 Dec 23	21	-127	79
30 Sep 23	24	-151	80
30 Jun 23	28	-174	81
31 Mar 23	26	-155	81
31 Dec 22	25	-135	81
31 Dec 21	39	-69	86
31 Dec 20	37	1,517	94
31 Dec 19	31	99	105
30 Sep 19	27	102	104
30 Jun 19	23	106	103
31 Mar 19	31	2	98
31 Dec 18	39	-102	92
30 Sep 18	36	-126	90
30 Jun 18	34	-149	88
31 Mar 18	34	-109	89
31 Dec 17	34	-70	89
30 Sep 17	42	-106	101
30 Jun 17	50	-142	112
31 Mar 17	57	-250	100
31 Dec 16	63	-358	87
31 Dec 14	60	-1,286	100
31 Dec 13	123	-332	122

Quality Earnings: PRGS is currently unprofitable.

Growing Profit Margin: PRGS is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PRGS is unprofitable, and losses have increased over the past 5 years at a rate of 46.2% per year.

Accelerating Growth: Unable to compare PRGS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PRGS is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-28.6%).

Return on Equity

High ROE: PRGS has a negative Return on Equity (-6.65%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/28 23:52
End of Day Share Price	2024/12/02 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Progres a.d. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution