Massimo Group Past Earnings Performance
Past criteria checks 1/6
Massimo Group has been growing earnings at an average annual rate of 32.2%, while the Auto industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 18.8% per year. Massimo Group's return on equity is 32.5%, and it has net margins of 5.6%.
Key information
32.2%
Earnings growth rate
31.9%
EPS growth rate
| Auto Industry Growth | 23.9% |
| Revenue growth rate | 18.8% |
| Return on equity | 32.5% |
| Net Margin | 5.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Massimo Group 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 Sep 24 | 131 | 7 | 27 | 0 |
| 30 Jun 24 | 135 | 14 | 26 | 0 |
| 31 Mar 24 | 126 | 13 | 24 | 0 |
| 31 Dec 23 | 115 | 10 | 23 | 0 |
| 30 Sep 23 | 100 | 7 | 22 | 0 |
| 31 Dec 22 | 87 | 4 | 18 | 0 |
| 31 Dec 21 | 83 | 5 | 13 | 0 |
Quality Earnings: MAMO has a high level of non-cash earnings.
Growing Profit Margin: MAMO's current net profit margins (5.6%) are lower than last year (7.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MAMO's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: MAMO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MAMO had negative earnings growth (-2.2%) over the past year, making it difficult to compare to the Auto industry average (2.6%).
Return on Equity
High ROE: MAMO's Return on Equity (32.5%) is considered high.