Wave Power Technology Past Earnings Performance
Past criteria checks 2/6
Wave Power Technology has been growing earnings at an average annual rate of 6.8%, while the Electrical industry saw earnings growing at 15.8% annually. Revenues have been declining at an average rate of 19.3% per year. Wave Power Technology's return on equity is 8%, and it has net margins of 20.1%.
Key information
6.8%
Earnings growth rate
-0.3%
EPS growth rate
| Electrical Industry Growth | 18.7% |
| Revenue growth rate | -19.3% |
| Return on equity | 8.0% |
| Net Margin | 20.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Wave Power Technology 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 | 376 | 76 | 53 | 43 |
| 31 Dec 23 | 411 | 87 | 56 | 45 |
| 30 Sep 23 | 444 | 101 | 59 | 45 |
| 30 Jun 23 | 468 | 119 | 55 | 46 |
| 31 Mar 23 | 466 | 121 | 51 | 44 |
| 31 Dec 22 | 437 | 114 | 47 | 42 |
| 30 Sep 22 | 397 | 99 | 41 | 40 |
| 30 Jun 22 | 390 | 98 | 41 | 39 |
| 31 Mar 22 | 362 | 89 | 39 | 37 |
| 31 Dec 21 | 362 | 90 | 39 | 37 |
| 31 Dec 20 | 280 | 64 | 34 | 18 |
Quality Earnings: 6895 has high quality earnings.
Growing Profit Margin: 6895's current net profit margins (20.1%) are lower than last year (25.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6895's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: 6895's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6895 had negative earnings growth (-37.3%) over the past year, making it difficult to compare to the Electrical industry average (-18.8%).
Return on Equity
High ROE: 6895's Return on Equity (8%) is considered low.