Absolent Air Care Group Past Earnings Performance
Past criteria checks 2/6
Absolent Air Care Group has been growing earnings at an average annual rate of 20.3%, while the Building industry saw earnings growing at 17.9% annually. Revenues have been growing at an average rate of 12.8% per year. Absolent Air Care Group's return on equity is 17.4%, and it has net margins of 10%.
Key information
20.3%
Earnings growth rate
20.3%
EPS growth rate
| Building Industry Growth | 18.8% |
| Revenue growth rate | 12.8% |
| Return on equity | 17.4% |
| Net Margin | 10.0% |
| Next Earnings Update | 03 May 2024 |
Recent past performance updates
Recent updates
Absolent Air Care Group (STO:ABSO) Will Pay A Larger Dividend Than Last Year At SEK3.00
Apr 18
Absolent Air Care Group's (STO:ABSO) Dividend Will Be Increased To SEK3.00
Apr 04Absolent Air Care Group (STO:ABSO) Is Increasing Its Dividend To SEK3.00
Mar 16Absolent Air Care Group (STO:ABSO) Has A Rock Solid Balance Sheet
Sep 14Does Absolent Air Care Group (STO:ABSO) Have A Healthy Balance Sheet?
May 10Absolent Air Care Group AB (publ) Just Missed EPS By 8.0%: Here's What Analysts Think Will Happen Next
Feb 25Is Absolent Air Care Group (STO:ABSO) Using Too Much Debt?
May 19Here's Why Absolent Air Care Group (STO:ABSO) Can Manage Its Debt Responsibly
Oct 12Absolent Air Care Group's (STO:ABSO) Solid Earnings Have Been Accounted For Conservatively
Aug 25We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt
May 02We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt
Jan 19The Absolent Group (STO:ABSO) Share Price Is Up 234% And Shareholders Are Boasting About It
Nov 28Revenue & Expenses BreakdownBeta
How Absolent Air Care Group 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 | 1,408 | 140 | 366 | 34 |
| 30 Sep 23 | 1,407 | 151 | 356 | 34 |
| 30 Jun 23 | 1,378 | 155 | 343 | 33 |
| 31 Mar 23 | 1,376 | 152 | 334 | 35 |
| 31 Dec 22 | 1,339 | 152 | 316 | 34 |
| 30 Sep 22 | 1,272 | 145 | 311 | 33 |
| 30 Jun 22 | 1,200 | 130 | 293 | 32 |
| 31 Mar 22 | 1,119 | 119 | 275 | 30 |
| 31 Dec 21 | 1,030 | 98 | 257 | 27 |
| 30 Sep 21 | 986 | 177 | 170 | 24 |
| 30 Jun 21 | 923 | 137 | 178 | 21 |
| 31 Mar 21 | 850 | 38 | 225 | 25 |
| 31 Dec 20 | 896 | 23 | 256 | 25 |
| 30 Sep 20 | 991 | -69 | 365 | 23 |
| 30 Jun 20 | 1,085 | -47 | 381 | 24 |
| 31 Mar 20 | 1,108 | 47 | 335 | 16 |
| 31 Dec 19 | 1,038 | 74 | 294 | 14 |
| 30 Sep 19 | 875 | 90 | 242 | 13 |
| 30 Jun 19 | 758 | 104 | 198 | 13 |
| 31 Mar 19 | 707 | 105 | 178 | 14 |
| 31 Dec 18 | 644 | 97 | 164 | 14 |
| 30 Sep 18 | 631 | 94 | 159 | 13 |
| 30 Jun 18 | 576 | 83 | 147 | 12 |
| 31 Mar 18 | 521 | 70 | 134 | 12 |
| 31 Dec 17 | 492 | 64 | 126 | 11 |
| 30 Sep 17 | 455 | 64 | 116 | 11 |
| 30 Jun 17 | 437 | 64 | 110 | 10 |
| 31 Mar 17 | 429 | 66 | 104 | 9 |
| 31 Dec 16 | 411 | 64 | 99 | 9 |
| 30 Sep 16 | 399 | 60 | 89 | 9 |
| 30 Jun 16 | 396 | 56 | 90 | 9 |
| 31 Mar 16 | 398 | 57 | 90 | 9 |
| 31 Dec 15 | 399 | 57 | 90 | 9 |
| 30 Sep 15 | 370 | 47 | 176 | 7 |
| 30 Jun 15 | 348 | 44 | 151 | 5 |
| 31 Mar 15 | 314 | 32 | 127 | 2 |
| 31 Dec 14 | 272 | 21 | 104 | 0 |
| 30 Sep 14 | 255 | 19 | 77 | 0 |
| 30 Jun 14 | 241 | 19 | 77 | 0 |
| 31 Mar 14 | 224 | 18 | 77 | 0 |
| 31 Dec 13 | 209 | 17 | 77 | 0 |
Quality Earnings: ABSO has high quality earnings.
Growing Profit Margin: ABSO's current net profit margins (10%) are lower than last year (11.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ABSO's earnings have grown significantly by 20.3% per year over the past 5 years.
Accelerating Growth: ABSO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ABSO had negative earnings growth (-7.6%) over the past year, making it difficult to compare to the Building industry average (-10.2%).
Return on Equity
High ROE: ABSO's Return on Equity (17.4%) is considered low.