Red Sea International Past Earnings Performance
Past criteria checks 2/6
Red Sea International has been growing earnings at an average annual rate of 3.1%, while the Real Estate industry saw earnings growing at 18.5% annually. Revenues have been growing at an average rate of 25.4% per year. Red Sea International's return on equity is 27.1%, and it has net margins of 0.6%.
Key information
3.1%
Earnings growth rate
3.1%
EPS growth rate
| Real Estate Industry Growth | 6.4% |
| Revenue growth rate | 25.4% |
| Return on equity | 27.1% |
| Net Margin | 0.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Red Sea International Company (TADAWUL:4230) Stock Rockets 29% But Many Are Still Ignoring The Company
Oct 12
Red Sea International's (TADAWUL:4230) Earnings Are Of Questionable Quality
Aug 22The Market Lifts Red Sea International Company (TADAWUL:4230) Shares 29% But It Can Do More
Aug 21Revenues Working Against Red Sea International Company's (TADAWUL:4230) Share Price
Mar 28Red Sea International (TADAWUL:4230) Shareholders Have Enjoyed A 63% Share Price Gain
Jan 15Revenue & Expenses Breakdown
How Red Sea International 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 | 2,567 | 17 | 137 | 0 |
| 31 Mar 24 | 1,921 | -11 | 102 | 0 |
| 31 Dec 23 | 1,378 | -22 | 78 | 0 |
| 30 Sep 23 | 479 | -111 | 116 | 0 |
| 30 Jun 23 | 447 | -152 | 120 | 0 |
| 31 Mar 23 | 403 | -183 | 127 | 0 |
| 31 Dec 22 | 404 | -188 | 129 | 0 |
| 30 Sep 22 | 382 | -160 | 78 | 0 |
| 30 Jun 22 | 412 | -135 | 78 | 0 |
| 31 Mar 22 | 477 | -117 | 79 | 0 |
| 31 Dec 21 | 468 | -130 | 81 | 0 |
| 30 Sep 21 | 491 | -154 | 90 | 0 |
| 30 Jun 21 | 485 | -168 | 89 | 0 |
| 31 Mar 21 | 486 | -166 | 95 | 0 |
| 31 Dec 20 | 534 | -159 | 102 | 0 |
| 30 Sep 20 | 621 | -96 | 94 | 0 |
| 30 Jun 20 | 648 | -75 | 100 | 0 |
| 31 Mar 20 | 642 | -73 | 97 | 0 |
| 31 Dec 19 | 606 | -65 | 92 | 0 |
| 30 Sep 19 | 505 | -80 | 103 | 0 |
| 30 Jun 19 | 552 | -69 | 104 | 0 |
| 31 Mar 19 | 630 | -54 | 104 | 0 |
| 31 Dec 18 | 659 | -52 | 106 | 0 |
| 30 Sep 18 | 698 | -95 | 100 | 0 |
| 30 Jun 18 | 696 | -94 | 106 | 0 |
| 31 Mar 18 | 693 | -89 | 116 | 0 |
| 31 Dec 17 | 773 | -65 | 123 | 0 |
| 30 Sep 17 | 852 | 7 | 132 | 0 |
| 30 Jun 17 | 917 | 31 | 139 | 0 |
| 31 Mar 17 | 986 | 67 | 137 | 0 |
| 31 Dec 16 | 1,030 | 90 | 142 | 0 |
| 30 Sep 16 | 1,077 | 101 | 156 | 0 |
| 30 Jun 16 | 1,054 | 92 | 159 | 0 |
| 31 Mar 16 | 1,024 | 78 | 164 | 0 |
| 31 Dec 15 | 1,028 | 76 | 160 | 0 |
| 30 Sep 15 | 1,026 | 78 | 149 | 0 |
| 30 Jun 15 | 1,081 | 119 | 138 | 0 |
| 31 Mar 15 | 1,111 | 143 | 128 | 0 |
| 31 Dec 14 | 1,105 | 157 | 122 | 0 |
| 30 Sep 14 | 1,091 | 171 | 119 | 0 |
| 30 Jun 14 | 1,079 | 172 | 122 | 0 |
| 31 Mar 14 | 1,035 | 165 | 116 | 0 |
| 31 Dec 13 | 971 | 153 | 110 | 0 |
Quality Earnings: 4230 has a high level of non-cash earnings.
Growing Profit Margin: 4230 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 4230 has become profitable over the past 5 years, growing earnings by 3.1% per year.
Accelerating Growth: 4230 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 4230 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (21.9%).
Return on Equity
High ROE: Whilst 4230's Return on Equity (27.1%) is high, this metric is skewed due to their high level of debt.