Ares Acquisition Past Earnings Performance
Past criteria checks 0/6
Ares Acquisition's earnings have been declining at an average annual rate of -130.8%, while the Capital Markets industry saw earnings growing at 12.1% annually.
Key information
-130.8%
Earnings growth rate
-136.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | n/a |
| Return on equity | n/a |
| Net Margin | n/a |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Ares Acquisition 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 23 | 0 | -10 | 15 | 0 |
| 31 Mar 23 | 0 | -6 | 11 | 0 |
| 31 Dec 22 | 0 | 21 | 7 | 0 |
| 30 Sep 22 | 0 | 27 | 2 | 0 |
| 30 Jun 22 | 0 | 33 | 5 | 0 |
| 31 Mar 22 | 0 | 13 | 5 | 0 |
| 31 Dec 21 | 0 | 16 | 6 | 0 |
| 30 Sep 21 | 0 | 20 | 4 | 0 |
| 30 Jun 21 | 0 | 6 | 3 | 0 |
| 31 Mar 21 | 0 | 20 | 2 | 0 |
Quality Earnings: AAC is currently unprofitable.
Growing Profit Margin: AAC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if AAC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare AAC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AAC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (2.4%).
Return on Equity
High ROE: AAC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.