Merit Turizm Yatirim ve Isletme Anonim Sirketi Past Earnings Performance
Past criteria checks 5/6
Merit Turizm Yatirim ve Isletme Anonim Sirketi has been growing earnings at an average annual rate of 69.6%, while the Hospitality industry saw earnings growing at 52.5% annually. Revenues have been growing at an average rate of 59.1% per year. Merit Turizm Yatirim ve Isletme Anonim Sirketi's return on equity is 2.1%, and it has net margins of 173.6%.
Key information
69.6%
Earnings growth rate
-13.1%
EPS growth rate
| Hospitality Industry Growth | 54.7% |
| Revenue growth rate | 59.1% |
| Return on equity | 2.1% |
| Net Margin | 173.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Merit Turizm Yatirim ve Isletme Anonim Sirketi 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 | 99 | 172 | 35 | 0 |
| 31 Dec 23 | 103 | 84 | 33 | 0 |
| 30 Sep 23 | 139 | 22 | 40 | 0 |
| 30 Jun 23 | 127 | 14 | 38 | 0 |
| 31 Mar 23 | 124 | 11 | 35 | 0 |
| 31 Dec 22 | 113 | 16 | 27 | 0 |
| 30 Sep 22 | 43 | 12 | 12 | 0 |
| 30 Jun 22 | 35 | 10 | 9 | 0 |
| 31 Mar 22 | 22 | 6 | 7 | 0 |
| 31 Dec 21 | 11 | 4 | 5 | 0 |
| 30 Sep 21 | 7 | 3 | 4 | 0 |
| 30 Jun 21 | 4 | 2 | 3 | 0 |
| 31 Mar 21 | 4 | 2 | 3 | 0 |
| 31 Dec 20 | 5 | 2 | 3 | 0 |
| 30 Sep 20 | 8 | 4 | 4 | 0 |
| 30 Jun 20 | 12 | 6 | 6 | 0 |
| 31 Mar 20 | 13 | 6 | 6 | 0 |
| 31 Dec 19 | 14 | 7 | 7 | 0 |
| 30 Sep 19 | 12 | 8 | 7 | 0 |
| 30 Jun 19 | 10 | 9 | 6 | 0 |
| 31 Mar 19 | 10 | 8 | 6 | 0 |
| 31 Dec 18 | 10 | 8 | 6 | 0 |
| 30 Sep 18 | 10 | 6 | 6 | 0 |
| 30 Jun 18 | 11 | 4 | 5 | 0 |
| 31 Mar 18 | 11 | 4 | 5 | 0 |
| 31 Dec 17 | 11 | 4 | 4 | 0 |
| 30 Sep 17 | 10 | 3 | 4 | 0 |
| 30 Jun 17 | 10 | 3 | 4 | 0 |
| 31 Mar 17 | 9 | 3 | 4 | 0 |
| 31 Dec 16 | 8 | 2 | 4 | 0 |
| 30 Sep 16 | 7 | 2 | 4 | 0 |
| 30 Jun 16 | 6 | 2 | 3 | 0 |
| 31 Mar 16 | 6 | 2 | 3 | 0 |
| 31 Dec 15 | 6 | 2 | 3 | 0 |
| 30 Sep 15 | 6 | 2 | 3 | 0 |
| 30 Jun 15 | 6 | 2 | 3 | 0 |
| 31 Mar 15 | 6 | 2 | 2 | 0 |
| 31 Dec 14 | 5 | 2 | 2 | 0 |
| 30 Sep 14 | 5 | 2 | 2 | 0 |
| 30 Jun 14 | 4 | 1 | 2 | 0 |
| 31 Mar 14 | 5 | 2 | 2 | 0 |
| 31 Dec 13 | 5 | 3 | 2 | 0 |
| 30 Sep 13 | 5 | 2 | 1 | 0 |
Quality Earnings: MERIT has high quality earnings.
Growing Profit Margin: MERIT's current net profit margins are higher than last year (9.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MERIT's earnings have grown significantly by 69.6% per year over the past 5 years.
Accelerating Growth: MERIT's earnings growth over the past year (1407.1%) exceeds its 5-year average (69.6% per year).
Earnings vs Industry: MERIT earnings growth over the past year (1407.1%) exceeded the Hospitality industry -16.3%.
Return on Equity
High ROE: MERIT's Return on Equity (2.1%) is considered low.