Multi Ways Holdings Past Earnings Performance
Past criteria checks 2/6
Multi Ways Holdings's earnings have been declining at an average annual rate of -63.4%, while the Trade Distributors industry saw earnings growing at 25.3% annually. Revenues have been growing at an average rate of 2.7% per year. Multi Ways Holdings's return on equity is 8%, and it has net margins of 5%.
Key information
-63.4%
Earnings growth rate
-65.1%
EPS growth rate
| Trade Distributors Industry Growth | 23.4% |
| Revenue growth rate | 2.7% |
| Return on equity | 8.0% |
| Net Margin | 5.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Multi Ways Holdings 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 | 36 | 2 | 11 | 0 |
| 30 Sep 23 | 34 | -2 | 12 | 0 |
| 30 Jun 23 | 33 | -5 | 13 | 0 |
| 31 Mar 23 | 35 | -2 | 10 | 0 |
| 31 Dec 22 | 38 | 1 | 8 | 0 |
| 30 Sep 22 | 40 | 1 | 8 | 0 |
| 30 Jun 22 | 41 | 2 | 8 | 0 |
| 31 Mar 22 | 37 | 2 | 8 | 0 |
| 31 Dec 21 | 33 | 2 | 7 | 0 |
| 31 Dec 20 | 30 | 1 | 7 | 0 |
Quality Earnings: MWG has a large one-off gain of $5.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: MWG's current net profit margins (5%) are higher than last year (2.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MWG's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare MWG's past year earnings growth to its 5-year average.
Earnings vs Industry: MWG earnings growth over the past year (82.9%) exceeded the Trade Distributors industry -5.4%.
Return on Equity
High ROE: MWG's Return on Equity (8%) is considered low.