Right Tunnelling Past Earnings Performance
Past criteria checks 3/6
Right Tunnelling's earnings have been declining at an average annual rate of -60.9%, while the Construction industry saw earnings declining at 2.4% annually. Revenues have been growing at an average rate of 4.6% per year. Right Tunnelling's return on equity is 11.3%, and it has net margins of 3.5%.
Key information
-60.9%
Earnings growth rate
-64.3%
EPS growth rate
| Construction Industry Growth | -2.7% |
| Revenue growth rate | 4.6% |
| Return on equity | 11.3% |
| Net Margin | 3.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Right Tunnelling 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 | 3,498 | 122 | 229 | 0 |
| 31 Dec 23 | 3,150 | 40 | 235 | 0 |
| 30 Sep 23 | 2,691 | -203 | 240 | 0 |
| 30 Jun 23 | 2,421 | -304 | 254 | 0 |
| 31 Mar 23 | 2,175 | -325 | 253 | 0 |
| 31 Dec 22 | 2,053 | -312 | 237 | 0 |
| 30 Sep 22 | 2,249 | -85 | 245 | 0 |
| 30 Jun 22 | 2,244 | -28 | 222 | 0 |
| 31 Mar 22 | 2,258 | -21 | 234 | 0 |
| 31 Dec 21 | 2,488 | 42 | 238 | 0 |
| 30 Sep 21 | 2,679 | 89 | 245 | 0 |
| 30 Jun 21 | 2,743 | 145 | 258 | 0 |
| 31 Mar 21 | 2,852 | 218 | 248 | 0 |
| 31 Dec 20 | 2,860 | 238 | 246 | 0 |
| 30 Sep 20 | 2,787 | 268 | 230 | 0 |
| 31 Mar 20 | 2,600 | 181 | 221 | 0 |
| 31 Dec 19 | 2,351 | 131 | 215 | 0 |
| 31 Dec 18 | 1,879 | -65 | 238 | 0 |
| 31 Dec 17 | 2,454 | 53 | 169 | 0 |
| 31 Dec 16 | 2,563 | 54 | 217 | 0 |
Quality Earnings: RT has high quality earnings.
Growing Profit Margin: RT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RT has become profitable over the past 5 years, growing earnings by -60.9% per year.
Accelerating Growth: RT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (5.1%).
Return on Equity
High ROE: RT's Return on Equity (11.3%) is considered low.