iShares - iShares MSCI South Africa ETF Past Earnings Performance
Past criteria checks 2/6
iShares - iShares MSCI South Africa ETF has been growing earnings at an average annual rate of 11.5%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 7.6% per year. iShares - iShares MSCI South Africa ETF's return on equity is 2.3%, and it has net margins of 51.1%.
Key information
11.5%
Earnings growth rate
10.2%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -7.6% |
| Return on equity | 2.3% |
| Net Margin | 51.1% |
| Last Earnings Update | 31 Aug 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How iShares - iShares MSCI South Africa ETF 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 Aug 23 | 12 | 6 | 2 | 0 |
| 31 May 23 | 13 | -37 | 2 | 0 |
| 28 Feb 23 | 14 | -80 | 2 | 0 |
| 30 Nov 22 | 13 | -77 | 2 | 0 |
| 31 Aug 22 | 12 | -74 | 2 | 0 |
| 28 Feb 21 | 6 | 76 | 2 | 0 |
| 30 Nov 20 | 24 | 12 | 2 | 0 |
| 31 Aug 20 | 41 | -52 | 2 | 0 |
| 31 May 20 | 43 | -62 | 2 | 0 |
| 29 Feb 20 | 45 | -72 | 2 | 0 |
| 30 Nov 19 | 29 | -58 | 3 | 0 |
| 31 Aug 19 | 14 | -44 | 3 | 0 |
| 31 May 19 | 13 | -83 | 3 | 0 |
| 28 Feb 19 | 13 | -122 | 3 | 0 |
| 30 Nov 18 | 13 | -83 | 3 | 0 |
| 31 Aug 18 | 13 | -44 | 3 | 0 |
| 31 May 18 | 12 | 42 | 3 | 0 |
| 28 Feb 18 | 11 | 127 | 3 | 0 |
| 30 Nov 17 | 11 | 103 | 3 | 0 |
| 31 Aug 17 | 10 | 78 | 3 | 0 |
| 31 May 17 | 10 | 76 | 2 | 0 |
| 28 Feb 17 | 10 | 74 | 2 | 0 |
| 30 Nov 16 | 10 | 19 | 2 | 0 |
| 31 Aug 16 | 9 | -36 | 2 | 0 |
| 31 May 16 | 10 | -98 | 2 | 0 |
| 29 Feb 16 | 10 | -160 | 2 | 0 |
| 30 Nov 15 | 11 | -127 | 3 | 0 |
| 31 Aug 15 | 12 | -95 | 3 | 0 |
| 31 May 15 | 13 | -24 | 3 | 0 |
| 28 Feb 15 | 14 | 47 | 3 | 0 |
| 30 Nov 14 | 15 | 77 | 3 | 0 |
| 31 Aug 14 | 17 | 108 | 3 | 0 |
| 31 May 14 | 16 | 51 | 3 | 0 |
| 28 Feb 14 | 15 | -7 | 3 | 0 |
| 30 Nov 13 | 15 | -21 | 3 | 0 |
| 31 Aug 13 | 14 | -35 | 3 | 0 |
| 31 May 13 | 16 | -33 | 3 | 0 |
Quality Earnings: EZA has a large one-off loss of $4.0M impacting its last 12 months of financial results to 31st August, 2023.
Growing Profit Margin: EZA became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EZA has become profitable over the past 5 years, growing earnings by 11.5% per year.
Accelerating Growth: EZA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: EZA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: EZA's Return on Equity (2.3%) is considered low.