Altex Industries Past Earnings Performance

Past criteria checks 3/6

Altex Industries has been growing earnings at an average annual rate of 23.7%, while the Oil and Gas industry saw earnings growing at 39.5% annually. Revenues have been declining at an average rate of 13.5% per year. Altex Industries's return on equity is 27.8%, and it has net margins of 2331.6%.

Key information

23.7%

Earnings growth rate

23.6%

EPS growth rate

Oil and Gas Industry Growth33.7%
Revenue growth rate-13.5%
Return on equity27.8%
Net Margin2,331.6%
Last Earnings Update30 Jun 2024

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

How Altex Industries makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OTCPK:ALTX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 240000
31 Mar 240000
31 Dec 230000
30 Sep 230000
30 Jun 230000
31 Mar 230000
31 Dec 220000
30 Sep 220000
30 Jun 220000
31 Mar 220000
31 Dec 210000
30 Sep 210000
30 Jun 210000
31 Mar 210000
31 Dec 200000
30 Sep 200000
30 Jun 200000
31 Mar 200000
31 Dec 190000
30 Sep 190000
30 Jun 190000
31 Mar 190000
31 Dec 180000
30 Sep 180000
30 Jun 180000
31 Mar 180000
31 Dec 170000
30 Sep 170000
30 Jun 170000
31 Mar 170000
31 Dec 160000
30 Sep 160000
30 Jun 160000
31 Mar 160000
31 Dec 150000
30 Sep 150000
30 Jun 150000
31 Mar 150000
31 Dec 140000
30 Sep 140000
30 Jun 140000
31 Mar 140000
31 Dec 130000

Quality Earnings: ALTX has a large one-off gain of $525.0K impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: ALTX became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ALTX has become profitable over the past 5 years, growing earnings by 23.7% per year.

Accelerating Growth: ALTX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ALTX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-31.9%).


Return on Equity

High ROE: ALTX's Return on Equity (27.8%) is considered high.


Return on Assets


Return on Capital Employed


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