Umeme Past Earnings Performance
Past criteria checks 0/6
Umeme's earnings have been declining at an average annual rate of -6.7%, while the Electric Utilities industry saw earnings growing at 6.8% annually. Revenues have been growing at an average rate of 6% per year. Umeme's return on equity is 1.2%, and it has net margins of 0.5%.
Key information
-6.7%
Earnings growth rate
-6.7%
EPS growth rate
| Electric Utilities Industry Growth | 7.3% |
| Revenue growth rate | 6.0% |
| Return on equity | 1.2% |
| Net Margin | 0.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Umeme 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 Dec 23 | 2,196,363 | 11,470 | 212,206 | 0 |
| 30 Sep 23 | 2,131,190 | 54,250 | 213,881 | 0 |
| 30 Jun 23 | 2,066,017 | 97,029 | 215,527 | 0 |
| 31 Mar 23 | 1,976,672 | 122,622 | 214,646 | 0 |
| 31 Dec 22 | 1,887,326 | 148,215 | 213,793 | 0 |
| 30 Sep 22 | 1,870,741 | 151,745 | 203,391 | 0 |
| 30 Jun 22 | 1,854,155 | 155,274 | 192,988 | 0 |
| 31 Mar 22 | 1,869,587 | 147,208 | 191,092 | 0 |
| 31 Dec 21 | 1,885,018 | 139,141 | 189,196 | 0 |
| 30 Sep 21 | 1,812,449 | 104,349 | 190,920 | 0 |
| 30 Jun 21 | 1,739,880 | 69,557 | 192,644 | 0 |
| 31 Mar 21 | 1,700,361 | 56,319 | 189,040 | 0 |
| 31 Dec 20 | 1,660,841 | 43,081 | 185,436 | 0 |
| 30 Sep 20 | 1,735,289 | 71,381 | 187,593 | 0 |
| 30 Jun 20 | 1,809,737 | 99,681 | 189,749 | 0 |
| 31 Mar 20 | 1,793,167 | 119,417 | 188,277 | 0 |
| 31 Dec 19 | 1,776,597 | 139,152 | 186,804 | 0 |
| 30 Sep 19 | 1,672,338 | 136,080 | 184,051 | 0 |
| 30 Jun 19 | 1,568,078 | 133,008 | 181,297 | 0 |
| 31 Mar 19 | 1,530,655 | 132,912 | 180,619 | 0 |
| 31 Dec 18 | 1,493,232 | 132,815 | 179,941 | 0 |
| 30 Sep 18 | 1,507,425 | 138,439 | 172,182 | 0 |
| 30 Jun 18 | 1,521,618 | 144,063 | 164,423 | 0 |
| 31 Mar 18 | 1,503,410 | 89,779 | 163,012 | 0 |
| 31 Dec 17 | 1,485,202 | 35,494 | 161,600 | 0 |
| 30 Sep 17 | 1,444,565 | 36,154 | 159,583 | 0 |
| 30 Jun 17 | 1,403,927 | 36,813 | 157,566 | 0 |
| 31 Mar 17 | 1,381,067 | 87,824 | 154,669 | 0 |
| 31 Dec 16 | 1,358,206 | 138,834 | 151,772 | 0 |
| 30 Sep 16 | 1,315,134 | 115,765 | 150,014 | 0 |
| 30 Jun 16 | 1,272,062 | 92,695 | 148,255 | 0 |
| 31 Mar 16 | 1,216,535 | 99,276 | 151,684 | 0 |
| 31 Dec 15 | 1,161,008 | 105,857 | 155,113 | 0 |
| 30 Sep 15 | 1,101,719 | 102,869 | 152,949 | 0 |
| 30 Jun 15 | 1,042,430 | 99,881 | 150,785 | 0 |
| 31 Mar 15 | 1,010,047 | 85,187 | 140,006 | 0 |
| 31 Dec 14 | 977,664 | 70,493 | 129,227 | 0 |
| 30 Sep 14 | 979,628 | 72,549 | 130,229 | 0 |
| 30 Jun 14 | 981,592 | 74,605 | 131,230 | 0 |
| 31 Mar 14 | 973,672 | 79,136 | 131,564 | 0 |
| 31 Dec 13 | 965,752 | 83,667 | 131,898 | 0 |
| 30 Sep 13 | 947,657 | 78,574 | 120,549 | 0 |
| 30 Jun 13 | 929,562 | 73,480 | 109,200 | 0 |
Quality Earnings: UMEM has a large one-off loss of UGX9.3B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: UMEM's current net profit margins (0.5%) are lower than last year (7.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UMEM's earnings have declined by 6.7% per year over the past 5 years.
Accelerating Growth: UMEM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UMEM had negative earnings growth (-92.3%) over the past year, making it difficult to compare to the Electric Utilities industry average (3.6%).
Return on Equity
High ROE: UMEM's Return on Equity (1.2%) is considered low.