Meitec Past Earnings Performance
Past criteria checks 6/6
Meitec has been growing earnings at an average annual rate of 2.7%, while the Professional Services industry saw earnings growing at 11% annually. Revenues have been growing at an average rate of 3.5% per year. Meitec's return on equity is 25.5%, and it has net margins of 9.6%.
Key information
2.7%
Earnings growth rate
4.0%
EPS growth rate
| Professional Services Industry Growth | 11.0% |
| Revenue growth rate | 3.5% |
| Return on equity | 25.5% |
| Net Margin | 9.6% |
| Next Earnings Update | 11 May 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Meitec 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 22 | 116,900 | 11,238 | 16,241 | 0 |
| 30 Sep 22 | 114,254 | 10,798 | 15,990 | 0 |
| 30 Jun 22 | 110,576 | 10,004 | 15,608 | 0 |
| 31 Mar 22 | 107,140 | 9,240 | 15,405 | 0 |
| 31 Dec 21 | 104,075 | 8,504 | 15,003 | 0 |
| 30 Sep 21 | 100,450 | 7,439 | 14,787 | 0 |
| 30 Jun 21 | 98,058 | 6,967 | 14,478 | 0 |
| 31 Mar 21 | 96,626 | 7,028 | 14,189 | 0 |
| 31 Dec 20 | 97,333 | 7,407 | 14,153 | 0 |
| 30 Sep 20 | 98,509 | 8,261 | 14,037 | 0 |
| 30 Jun 20 | 100,426 | 9,208 | 14,046 | 0 |
| 31 Mar 20 | 100,995 | 9,093 | 14,245 | 0 |
| 31 Dec 19 | 99,546 | 8,509 | 14,176 | 0 |
| 30 Sep 19 | 99,692 | 8,914 | 14,006 | 0 |
| 30 Jun 19 | 98,314 | 8,482 | 13,791 | 0 |
| 31 Mar 19 | 97,736 | 8,829 | 13,398 | 0 |
| 31 Dec 18 | 96,870 | 8,897 | 13,191 | 0 |
| 30 Sep 18 | 95,372 | 8,491 | 13,041 | 0 |
| 30 Jun 18 | 94,610 | 8,336 | 13,028 | 0 |
| 31 Mar 18 | 93,618 | 8,132 | 12,914 | 0 |
| 31 Dec 17 | 93,249 | 8,598 | 12,750 | 0 |
| 30 Sep 17 | 91,735 | 7,997 | 12,618 | 0 |
| 30 Jun 17 | 90,920 | 8,089 | 12,489 | 0 |
| 31 Mar 17 | 89,979 | 7,937 | 12,418 | 0 |
| 31 Dec 16 | 90,306 | 7,839 | 12,474 | 0 |
| 30 Sep 16 | 89,856 | 7,751 | 12,453 | 0 |
| 30 Jun 16 | 88,930 | 8,222 | 12,489 | 0 |
Quality Earnings: MEIT.F has high quality earnings.
Growing Profit Margin: MEIT.F's current net profit margins (9.6%) are higher than last year (8.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MEIT.F's earnings have grown by 2.7% per year over the past 5 years.
Accelerating Growth: MEIT.F's earnings growth over the past year (32.1%) exceeds its 5-year average (2.7% per year).
Earnings vs Industry: MEIT.F earnings growth over the past year (32.1%) exceeded the Professional Services industry -8.8%.
Return on Equity
High ROE: MEIT.F's Return on Equity (25.5%) is considered high.