AKITA Drilling Past Earnings Performance
Past criteria checks 1/6
AKITA Drilling has been growing earnings at an average annual rate of 55.7%, while the Energy Services industry saw earnings growing at 51.8% annually. Revenues have been growing at an average rate of 9.1% per year. AKITA Drilling's return on equity is 1.3%, and it has net margins of 1.2%.
Key information
55.7%
Earnings growth rate
55.7%
EPS growth rate
| Energy Services Industry Growth | 23.7% |
| Revenue growth rate | 9.1% |
| Return on equity | 1.3% |
| Net Margin | 1.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How AKITA Drilling 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 | 178 | 2 | 15 | 0 |
| 30 Jun 24 | 187 | 5 | 15 | 0 |
| 31 Mar 24 | 207 | 12 | 16 | 0 |
| 31 Dec 23 | 225 | 18 | 16 | 0 |
| 30 Sep 23 | 238 | 28 | 17 | 0 |
| 30 Jun 23 | 236 | 27 | 16 | 0 |
| 31 Mar 23 | 221 | 17 | 15 | 0 |
| 31 Dec 22 | 201 | 4 | 15 | 0 |
| 30 Sep 22 | 176 | -9 | 13 | 0 |
| 30 Jun 22 | 152 | -18 | 14 | 0 |
| 31 Mar 22 | 128 | -20 | 13 | 0 |
| 31 Dec 21 | 110 | -21 | 13 | 0 |
| 30 Sep 21 | 97 | -44 | 14 | 0 |
| 30 Jun 21 | 86 | -46 | 13 | 0 |
| 31 Mar 21 | 93 | -45 | 12 | 0 |
| 31 Dec 20 | 120 | -93 | 10 | 0 |
| 30 Sep 20 | 141 | -74 | 13 | 0 |
| 30 Jun 20 | 164 | -71 | 14 | 0 |
| 31 Mar 20 | 177 | -71 | 16 | 0 |
| 31 Dec 19 | 176 | -20 | 20 | 0 |
| 30 Sep 19 | 186 | -18 | 20 | 0 |
| 30 Jun 19 | 165 | -18 | 22 | 0 |
| 31 Mar 19 | 144 | -15 | 22 | 0 |
| 31 Dec 18 | 118 | -16 | 20 | 0 |
| 30 Sep 18 | 86 | -36 | 19 | 0 |
| 30 Jun 18 | 78 | -35 | 15 | 0 |
| 31 Mar 18 | 79 | -36 | 14 | 0 |
| 31 Dec 17 | 71 | -39 | 14 | 0 |
| 30 Sep 17 | 61 | -17 | 13 | 0 |
| 30 Jun 17 | 53 | -18 | 13 | 0 |
| 31 Mar 17 | 38 | -18 | 13 | 0 |
| 31 Dec 16 | 61 | 5 | 13 | 0 |
| 30 Sep 16 | 73 | -20 | 13 | 0 |
| 30 Jun 16 | 89 | -22 | 14 | 0 |
| 31 Mar 16 | 108 | -20 | 14 | 0 |
| 31 Dec 15 | 112 | -34 | 15 | 0 |
| 30 Sep 15 | 137 | 0 | 16 | 0 |
| 30 Jun 15 | 152 | 11 | 17 | 0 |
| 31 Mar 15 | 158 | 15 | 18 | 0 |
| 31 Dec 14 | 165 | 21 | 18 | 0 |
| 30 Sep 14 | 165 | 24 | 19 | 0 |
| 30 Jun 14 | 162 | 23 | 19 | 0 |
| 31 Mar 14 | 162 | 24 | 19 | 0 |
Quality Earnings: AKTA.F has a large one-off gain of CA$822.0K impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: AKTA.F's current net profit margins (1.2%) are lower than last year (11.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AKTA.F has become profitable over the past 5 years, growing earnings by 55.7% per year.
Accelerating Growth: AKTA.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AKTA.F had negative earnings growth (-92.6%) over the past year, making it difficult to compare to the Energy Services industry average (24.1%).
Return on Equity
High ROE: AKTA.F's Return on Equity (1.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 04:18 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
AKITA Drilling Ltd. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tim Monachello | ATB Capital Markets |
| Michael Mazar | BMO Capital Markets Equity Research |
| null null | RBC Capital Markets |