Garanti Faktoring Past Earnings Performance
Past criteria checks 3/6
Garanti Faktoring has been growing earnings at an average annual rate of 74.1%, while the Diversified Financial industry saw earnings growing at 70.6% annually. Revenues have been growing at an average rate of 77% per year. Garanti Faktoring's return on equity is 57.4%, and it has net margins of 57.8%.
Key information
74.1%
Earnings growth rate
78.0%
EPS growth rate
| Diversified Financial Industry Growth | 72.1% |
| Revenue growth rate | 77.0% |
| Return on equity | 57.4% |
| Net Margin | 57.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Garanti Faktoring 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 | 2,000 | 1,156 | 173 | 0 |
| 31 Dec 23 | 1,771 | 1,045 | 144 | 0 |
| 30 Sep 23 | 1,567 | 911 | 118 | 0 |
| 30 Jun 23 | 1,133 | 697 | 97 | 0 |
| 31 Mar 23 | 702 | 452 | 83 | 0 |
| 31 Dec 22 | 560 | 351 | 67 | 0 |
| 30 Sep 22 | 405 | 271 | 60 | 0 |
| 30 Jun 22 | 303 | 202 | 51 | 0 |
| 31 Mar 22 | 242 | 170 | 45 | 0 |
| 31 Dec 21 | 180 | 132 | 41 | 0 |
| 30 Sep 21 | 154 | 111 | 34 | 0 |
| 30 Jun 21 | 100 | 98 | 33 | 0 |
| 31 Mar 21 | 65 | 73 | 32 | 0 |
| 31 Dec 20 | 23 | 50 | 31 | 0 |
| 30 Sep 20 | -7 | 24 | 30 | 0 |
| 30 Jun 20 | 17 | 9 | 30 | 0 |
| 31 Mar 20 | 26 | 7 | 30 | 0 |
| 31 Dec 19 | 54 | 20 | 30 | 0 |
| 30 Sep 19 | 7 | -6 | 32 | 0 |
| 30 Jun 19 | -24 | -28 | 34 | 0 |
| 31 Mar 19 | -32 | -35 | 33 | 0 |
| 31 Dec 18 | -45 | -47 | 32 | 0 |
| 30 Sep 18 | 13 | -3 | 29 | 0 |
| 30 Jun 18 | 33 | 23 | 26 | 0 |
| 31 Mar 18 | 25 | 28 | 26 | 0 |
| 31 Dec 17 | 28 | 28 | 26 | 0 |
| 30 Sep 17 | 30 | 26 | 44 | 0 |
| 30 Jun 17 | 20 | 20 | 25 | 0 |
| 31 Mar 17 | 23 | 21 | 20 | 0 |
| 31 Dec 16 | 14 | 20 | 24 | 0 |
| 30 Sep 16 | 6 | 23 | 41 | 0 |
| 30 Jun 16 | 4 | 26 | 41 | 0 |
| 31 Mar 16 | 0 | 26 | 41 | 0 |
| 31 Dec 15 | 0 | 25 | 40 | 0 |
| 30 Sep 15 | 2 | 22 | 27 | 0 |
| 30 Jun 15 | 12 | 21 | 38 | 0 |
| 31 Mar 15 | 16 | 23 | 38 | 0 |
| 31 Dec 14 | 22 | 21 | 38 | 0 |
| 30 Sep 14 | 29 | 18 | 34 | 0 |
| 30 Jun 14 | 26 | 16 | 22 | 0 |
| 31 Mar 14 | 32 | 13 | 22 | 0 |
| 31 Dec 13 | 38 | 15 | 22 | 0 |
| 30 Sep 13 | 40 | 17 | 35 | 0 |
| 30 Jun 13 | 50 | 20 | 29 | 0 |
Quality Earnings: GARFA has a high level of non-cash earnings.
Growing Profit Margin: GARFA's current net profit margins (57.8%) are lower than last year (64.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GARFA has become profitable over the past 5 years, growing earnings by 74.1% per year.
Accelerating Growth: GARFA's earnings growth over the past year (155.9%) exceeds its 5-year average (74.1% per year).
Earnings vs Industry: GARFA earnings growth over the past year (155.9%) exceeded the Diversified Financial industry 118.9%.
Return on Equity
High ROE: Whilst GARFA's Return on Equity (57.43%) is outstanding, this metric is skewed due to their high level of debt.