Mermaid Maritime Past Earnings Performance
Past criteria checks 5/6
Mermaid Maritime has been growing earnings at an average annual rate of 39.6%, while the Energy Services industry saw earnings growing at 37.5% annually. Revenues have been growing at an average rate of 26.7% per year. Mermaid Maritime's return on equity is 8.7%, and it has net margins of 4.7%.
Key information
39.6%
Earnings growth rate
39.5%
EPS growth rate
| Energy Services Industry Growth | 44.2% |
| Revenue growth rate | 26.7% |
| Return on equity | 8.7% |
| Net Margin | 4.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Earnings Not Telling The Story For Mermaid Maritime Public Company Limited (SGX:DU4) After Shares Rise 26%
May 28
These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Reasonably Well
May 21Many Still Looking Away From Mermaid Maritime Public Company Limited (SGX:DU4)
Apr 01These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Extensively
Jan 23Mermaid Maritime (SGX:DU4) Takes On Some Risk With Its Use Of Debt
Aug 18We Think Mermaid Maritime (SGX:DU4) Has A Fair Chunk Of Debt
Jul 25Does Mermaid Maritime (SGX:DU4) Have A Healthy Balance Sheet?
Mar 03We Think Mermaid Maritime (SGX:DU4) Has A Fair Chunk Of Debt
Aug 19Is Mermaid Maritime (SGX:DU4) Using Too Much Debt?
Apr 06A Look At Mermaid Maritime's (SGX:DU4) Share Price Returns
Feb 12Mermaid Maritime (SGX:DU4) Is Carrying A Fair Bit Of Debt
Dec 21Revenue & Expenses Breakdown
How Mermaid Maritime 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 Mar 24 | 311 | 15 | 55 | 0 |
| 31 Dec 23 | 282 | 10 | 58 | 0 |
| 30 Sep 23 | 245 | 8 | 64 | 0 |
| 30 Jun 23 | 237 | 4 | 65 | 0 |
| 31 Mar 23 | 237 | 3 | 66 | 0 |
| 31 Dec 22 | 230 | 0 | 64 | 0 |
| 30 Sep 22 | 188 | -6 | 28 | 0 |
| 30 Jun 22 | 158 | -13 | 30 | 0 |
| 31 Mar 22 | 134 | -19 | 31 | 0 |
| 31 Dec 21 | 111 | -15 | 30 | 0 |
| 30 Sep 21 | 88 | -16 | 22 | 0 |
| 30 Jun 21 | 86 | -95 | 30 | 0 |
| 31 Mar 21 | 81 | -104 | 31 | 0 |
| 31 Dec 20 | 88 | -115 | 33 | 0 |
| 30 Sep 20 | 88 | -111 | 26 | 0 |
| 30 Jun 20 | 94 | -34 | 21 | 0 |
| 31 Mar 20 | 97 | -29 | 22 | 0 |
| 31 Dec 19 | 111 | -25 | 25 | 0 |
| 30 Sep 19 | 107 | -29 | 28 | 0 |
| 30 Jun 19 | 112 | -24 | 28 | 0 |
| 31 Mar 19 | 105 | -26 | 28 | 0 |
| 31 Dec 18 | 98 | -27 | 28 | 0 |
| 30 Sep 18 | 106 | -14 | 24 | 0 |
| 30 Jun 18 | 104 | -14 | 24 | 0 |
| 31 Mar 18 | 137 | -2 | 26 | 0 |
| 31 Dec 17 | 153 | 4 | 26 | 0 |
| 30 Sep 17 | 164 | 3 | 39 | 0 |
| 30 Jun 17 | 185 | 13 | 40 | 0 |
| 31 Mar 17 | 189 | 17 | 40 | 0 |
| 31 Dec 16 | 184 | 17 | 37 | 0 |
| 30 Sep 16 | 218 | -234 | 94 | 0 |
| 30 Jun 16 | 260 | -221 | 98 | 0 |
| 31 Mar 16 | 312 | -215 | 102 | 0 |
| 31 Dec 15 | 320 | -225 | 105 | 0 |
| 30 Sep 15 | 335 | 20 | 63 | 0 |
| 30 Jun 15 | 343 | 17 | 66 | 0 |
| 31 Mar 15 | 325 | 15 | 65 | 0 |
| 31 Dec 14 | 324 | 36 | 62 | 0 |
| 30 Sep 14 | 311 | 45 | 69 | 0 |
| 30 Jun 14 | 310 | 41 | 30 | 0 |
| 31 Mar 14 | 307 | 38 | 29 | 0 |
| 31 Dec 13 | 283 | 28 | 27 | 0 |
| 30 Sep 13 | 263 | 15 | 27 | 0 |
| 30 Jun 13 | 233 | 10 | 26 | 0 |
Quality Earnings: DU4 has high quality earnings.
Growing Profit Margin: DU4's current net profit margins (4.7%) are higher than last year (1.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DU4 has become profitable over the past 5 years, growing earnings by 39.6% per year.
Accelerating Growth: DU4's earnings growth over the past year (353.2%) exceeds its 5-year average (39.6% per year).
Earnings vs Industry: DU4 earnings growth over the past year (353.2%) exceeded the Energy Services industry 47.1%.
Return on Equity
High ROE: DU4's Return on Equity (8.7%) is considered low.