Avarga Past Earnings Performance
Past criteria checks 1/6
Avarga has been growing earnings at an average annual rate of 5.1%, while the Forestry industry saw earnings growing at 11.9% annually. Revenues have been growing at an average rate of 8.3% per year. Avarga's return on equity is 6.1%, and it has net margins of 0.6%.
Key information
5.1%
Earnings growth rate
5.6%
EPS growth rate
| Forestry Industry Growth | 16.1% |
| Revenue growth rate | 8.3% |
| Return on equity | 6.1% |
| Net Margin | 0.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Avarga's (SGX:U09) Conservative Accounting Might Explain Soft Earnings
Apr 09
Does Avarga (SGX:U09) Have A Healthy Balance Sheet?
Oct 05Avarga (SGX:U09) Has A Pretty Healthy Balance Sheet
May 15Avarga (SGX:U09) Shareholders Will Want The ROCE Trajectory To Continue
Oct 31These 4 Measures Indicate That Avarga (SGX:U09) Is Using Debt Extensively
Sep 29Is Avarga (SGX:U09) A Risky Investment?
Apr 14Avarga (SGX:U09) Is Very Good At Capital Allocation
Apr 01Announcing: Avarga (SGX:U09) Stock Increased An Energizing 133% In The Last Year
Mar 17Do Avarga's (SGX:U09) Earnings Warrant Your Attention?
Mar 03Estimating The Fair Value Of Avarga Limited (SGX:U09)
Feb 19What Percentage Of Avarga Limited (SGX:U09) Shares Do Insiders Own?
Jan 26
Who Has Been Selling Avarga Limited (SGX:U09) Shares?
Jan 14Are Avarga's (SGX:U09) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 29We Like These Underlying Trends At Avarga (SGX:U09)
Dec 03Revenue & Expenses Breakdown
How Avarga 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 | 1,700 | 11 | 141 | 0 |
| 30 Sep 23 | 1,777 | 19 | 140 | 0 |
| 30 Jun 23 | 1,854 | 27 | 140 | 0 |
| 31 Mar 23 | 2,111 | 39 | 161 | 0 |
| 31 Dec 22 | 2,368 | 51 | 183 | 0 |
| 30 Sep 22 | 2,370 | 48 | 173 | 0 |
| 30 Jun 22 | 2,371 | 45 | 162 | 0 |
| 31 Mar 22 | 2,403 | 59 | 177 | 0 |
| 31 Dec 21 | 2,435 | 73 | 191 | 0 |
| 30 Sep 21 | 2,426 | 93 | 207 | 0 |
| 30 Jun 21 | 2,416 | 112 | 222 | 0 |
| 31 Mar 21 | 2,055 | 83 | 180 | 0 |
| 31 Dec 20 | 1,693 | 55 | 138 | 0 |
| 30 Sep 20 | 1,532 | 36 | 121 | 0 |
| 30 Jun 20 | 1,436 | 24 | 103 | 0 |
| 31 Mar 20 | 1,453 | 25 | 102 | 0 |
| 31 Dec 19 | 1,404 | 33 | 100 | 0 |
| 30 Sep 19 | 1,408 | 28 | 96 | 0 |
| 30 Jun 19 | 1,454 | 28 | 94 | 0 |
| 31 Mar 19 | 1,530 | 26 | 98 | 0 |
| 31 Dec 18 | 1,573 | 11 | 100 | 0 |
| 30 Sep 18 | 1,609 | 15 | 102 | 0 |
| 30 Jun 18 | 1,620 | 16 | 105 | 0 |
| 31 Mar 18 | 1,576 | 16 | 100 | 0 |
| 31 Dec 17 | 1,455 | 14 | 92 | 0 |
| 30 Sep 17 | 1,106 | 19 | 71 | 0 |
| 30 Jun 17 | 673 | 13 | 44 | 0 |
| 31 Mar 17 | 280 | 10 | 23 | 0 |
| 31 Dec 16 | 63 | 13 | 7 | 0 |
| 30 Sep 16 | 62 | 9 | 7 | 0 |
| 30 Jun 16 | 62 | 11 | 7 | 0 |
| 31 Mar 16 | 61 | 10 | 7 | 0 |
| 31 Dec 15 | 61 | 13 | 7 | 0 |
| 30 Sep 15 | 61 | 14 | 8 | 0 |
| 30 Jun 15 | 62 | 11 | 8 | 0 |
| 31 Mar 15 | 61 | 12 | 8 | 0 |
| 31 Dec 14 | 117 | 9 | 7 | 0 |
| 30 Sep 14 | 114 | 6 | 7 | 0 |
| 30 Jun 14 | 111 | 3 | 7 | 0 |
| 31 Mar 14 | 109 | 2 | 7 | 0 |
| 31 Dec 13 | 48 | 1 | 7 | 0 |
| 30 Sep 13 | 48 | 1 | 7 | 0 |
| 30 Jun 13 | 49 | 2 | 6 | 0 |
Quality Earnings: U09 has a large one-off loss of SGD15.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: U09's current net profit margins (0.6%) are lower than last year (2.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: U09's earnings have grown by 5.1% per year over the past 5 years.
Accelerating Growth: U09's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: U09 had negative earnings growth (-78.5%) over the past year, making it difficult to compare to the Forestry industry average (-12.4%).
Return on Equity
High ROE: U09's Return on Equity (6.1%) is considered low.