Major Development Past Earnings Performance
Past criteria checks 0/6
Major Development's earnings have been declining at an average annual rate of -64.1%, while the Real Estate industry saw earnings growing at 7.4% annually. Revenues have been declining at an average rate of 23.9% per year.
Key information
-64.1%
Earnings growth rate
-64.1%
EPS growth rate
| Real Estate Industry Growth | 8.4% |
| Revenue growth rate | -23.9% |
| Return on equity | -8.1% |
| Net Margin | -16.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Major Development 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 | 2,160 | -358 | 861 | 0 |
| 31 Mar 24 | 2,192 | -318 | 884 | 0 |
| 31 Dec 23 | 2,216 | -329 | 923 | 0 |
| 30 Sep 23 | 2,543 | -317 | 1,002 | 0 |
| 30 Jun 23 | 2,821 | -342 | 1,044 | 0 |
| 31 Mar 23 | 2,907 | -398 | 1,080 | 0 |
| 31 Dec 22 | 2,847 | -370 | 1,058 | 0 |
| 30 Sep 22 | 3,007 | -433 | 1,103 | 0 |
| 30 Jun 22 | 3,300 | -377 | 1,105 | 0 |
| 31 Mar 22 | 3,735 | -375 | 1,188 | 0 |
| 31 Dec 21 | 4,404 | -353 | 1,290 | 0 |
| 30 Sep 21 | 5,396 | -150 | 1,331 | 0 |
| 30 Jun 21 | 5,922 | -76 | 1,497 | 0 |
| 31 Mar 21 | 6,601 | -27 | 1,576 | 0 |
| 31 Dec 20 | 7,335 | 199 | 1,736 | 0 |
| 30 Sep 20 | 6,714 | 94 | 1,812 | 0 |
| 30 Jun 20 | 7,183 | 302 | 1,867 | 0 |
| 31 Mar 20 | 6,565 | 368 | 1,850 | 0 |
| 31 Dec 19 | 6,028 | 321 | 1,831 | 0 |
| 30 Sep 19 | 6,131 | 744 | 1,796 | 0 |
| 30 Jun 19 | 5,590 | 718 | 1,638 | 0 |
| 31 Mar 19 | 6,084 | 1,127 | 1,570 | 0 |
| 31 Dec 18 | 5,306 | 1,098 | 1,315 | 0 |
| 30 Sep 18 | 5,452 | 885 | 1,319 | 0 |
| 30 Jun 18 | 4,503 | 524 | 1,262 | 0 |
| 31 Mar 18 | 3,440 | 43 | 1,182 | 0 |
| 31 Dec 17 | 3,300 | -184 | 1,199 | 0 |
| 30 Sep 17 | 2,614 | -369 | 984 | 0 |
| 30 Jun 17 | 3,476 | -105 | 1,031 | 0 |
| 31 Mar 17 | 4,961 | 238 | 1,039 | 0 |
| 31 Dec 16 | 5,357 | 412 | 1,020 | 0 |
| 30 Sep 16 | 5,047 | 486 | 970 | 0 |
| 30 Jun 16 | 4,315 | 418 | 856 | 0 |
| 31 Mar 16 | 2,778 | 104 | 796 | 0 |
| 31 Dec 15 | 3,413 | 124 | 817 | 0 |
| 30 Sep 15 | 5,527 | 463 | 958 | 0 |
| 30 Jun 15 | 5,950 | 627 | 990 | 0 |
| 31 Mar 15 | 6,205 | 714 | 1,061 | 0 |
| 31 Dec 14 | 5,547 | 681 | 1,003 | 0 |
| 30 Sep 14 | 3,901 | 235 | 885 | 0 |
| 30 Jun 14 | 3,923 | 11 | 881 | 0 |
| 31 Mar 14 | 3,624 | -87 | 764 | 0 |
| 31 Dec 13 | 3,368 | -163 | 747 | 0 |
| 30 Sep 13 | 3,351 | -126 | 697 | 0 |
Quality Earnings: MJD-R is currently unprofitable.
Growing Profit Margin: MJD-R is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MJD-R is unprofitable, and losses have increased over the past 5 years at a rate of 64.1% per year.
Accelerating Growth: Unable to compare MJD-R's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MJD-R is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-8.8%).
Return on Equity
High ROE: MJD-R has a negative Return on Equity (-8.06%), as it is currently unprofitable.