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MMA Offshore Past Earnings Performance

Past criteria checks 1/6

MMA Offshore has been growing earnings at an average annual rate of 67.6%, while the Energy Services industry saw earnings growing at 45% annually. Revenues have been growing at an average rate of 7% per year. MMA Offshore's return on equity is 20%, and it has net margins of 30.8%.

Key information

67.6%

Earnings growth rate

63.5%

EPS growth rate

Energy Services Industry Growth	23.7%
Revenue growth rate	7.0%
Return on equity	20.0%
Net Margin	30.8%
Last Earnings Update	31 Dec 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How MMA Offshore makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:MRMA.F Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	353	109	27
30 Sep 23	330	118	23
30 Jun 23	308	128	19
31 Mar 23	307	124	33
31 Dec 22	306	120	48
30 Sep 22	295	77	58
30 Jun 22	284	33	67
31 Mar 22	269	7	58
31 Dec 21	255	-18	49
30 Sep 21	246	-8	40
30 Jun 21	238	2	31
31 Mar 21	250	-33	35
31 Dec 20	262	-69	40
30 Sep 20	267	-81	37
30 Jun 20	273	-94	34
31 Mar 20	262	-57	22
31 Dec 19	251	-19	9
30 Sep 19	245	-28	8
30 Jun 19	239	-37	7
31 Mar 19	233	-39	7
31 Dec 18	227	-41	7
30 Sep 18	214	-35	7
30 Jun 18	200	-28	7
31 Dec 17	195	-69	7
30 Sep 17	208	-212	7
30 Jun 17	222	-354	7
31 Dec 16	265	-412	8
30 Sep 16	340	-262	9
30 Jun 16	415	-113	9
31 Mar 16	512	-102	10
31 Dec 15	610	-90	10
30 Sep 15	703	-71	11
30 Jun 15	797	-51	12
31 Mar 15	797	8	11
31 Dec 14	797	67	10
30 Sep 14	696	61	10
30 Jun 14	595	54	10
31 Mar 14	538	53	11
31 Dec 13	481	52	12
30 Sep 13	465	56	12

Quality Earnings: MRMA.F has a large one-off gain of A$55.7M impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: MRMA.F's current net profit margins (30.8%) are lower than last year (39.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MRMA.F has become profitable over the past 5 years, growing earnings by 67.6% per year.

Accelerating Growth: MRMA.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: MRMA.F had negative earnings growth (-9.8%) over the past year, making it difficult to compare to the Energy Services industry average (45.4%).

Return on Equity

High ROE: MRMA.F's Return on Equity (20%) 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	2024/07/09 06:13
End of Day Share Price	2024/04/11 00:00
Earnings	2023/12/31
Annual Earnings	2023/06/30

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

MMA Offshore Limited is covered by 16 analysts. 6 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
Daniel Laing	Bell Potter
David Evans	BofA Global Research
Cameron Bell	Canaccord Genuity