Precision Air Services Past Earnings Performance
Past criteria checks 0/6
Precision Air Services has been growing earnings at an average annual rate of 2.1%, while the Airlines industry saw earnings growing at 33.4% annually. Revenues have been declining at an average rate of 50.5% per year.
Key information
2.1%
Earnings growth rate
7.0%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | -50.5% |
| Return on equity | n/a |
| Net Margin | -52.2% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Precision Air Services 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 | 62,499 | -32,609 | 10,307 | 0 |
| 31 Dec 23 | 134,683 | -56,779 | 17,320 | 0 |
| 31 Dec 22 | 117,756 | -30,140 | 15,518 | 0 |
| 31 Dec 21 | 71,153 | -43,127 | 19,141 | 0 |
| 31 Dec 20 | 56,878 | -45,087 | 12,336 | 0 |
| 31 Dec 19 | 124,486 | -44,139 | 20,895 | 0 |
| 31 Dec 18 | 131,884 | -57,515 | 42,057 | 0 |
| 31 Mar 18 | 139,111 | -21,546 | 41,489 | 0 |
| 31 Mar 17 | 97,038 | -27,242 | 27,342 | 0 |
| 31 Dec 16 | 100,688 | -34,069 | 49,841 | 0 |
| 30 Sep 16 | 101,669 | -36,097 | 48,333 | 0 |
| 30 Jun 16 | 96,210 | -63,886 | 48,237 | 0 |
| 31 Mar 16 | 93,421 | -96,476 | 57,782 | 0 |
| 31 Mar 15 | 105,378 | -83,898 | 53,693 | 0 |
| 31 Mar 14 | 141,262 | -12,058 | 34,968 | 0 |
Quality Earnings: PAL is currently unprofitable.
Growing Profit Margin: PAL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PAL is unprofitable, but has reduced losses over the past 5 years at a rate of 2.1% per year.
Accelerating Growth: Unable to compare PAL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PAL is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (12.7%).
Return on Equity
High ROE: PAL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.