Shelf Drilling Past Earnings Performance
Past criteria checks 4/6
Shelf Drilling has been growing earnings at an average annual rate of 54.5%, while the Energy Services industry saw earnings growing at 53% annually. Revenues have been growing at an average rate of 12.5% per year. Shelf Drilling's return on equity is 1.8%, and it has net margins of 4.1%.
Key information
54.5%
Earnings growth rate
55.9%
EPS growth rate
| Energy Services Industry Growth | 23.7% |
| Revenue growth rate | 12.5% |
| Return on equity | 1.8% |
| Net Margin | 4.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Shelf 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 | 999 | 41 | 64 | 0 |
| 30 Jun 24 | 990 | 14 | 68 | 0 |
| 31 Mar 24 | 963 | 30 | 66 | 0 |
| 31 Dec 23 | 881 | -8 | 63 | 0 |
| 30 Sep 23 | 849 | 8 | 67 | 0 |
| 30 Jun 23 | 757 | -39 | 59 | 0 |
| 31 Mar 23 | 701 | -58 | 58 | 0 |
| 31 Dec 22 | 683 | -29 | 55 | 0 |
| 30 Sep 22 | 609 | -45 | 48 | 0 |
| 30 Jun 22 | 573 | -61 | 47 | 0 |
| 31 Mar 22 | 553 | -67 | 49 | 0 |
| 31 Dec 21 | 527 | -79 | 46 | 0 |
| 30 Sep 21 | 512 | -152 | 46 | 0 |
| 30 Jun 21 | 509 | -137 | 43 | 0 |
| 31 Mar 21 | 534 | -106 | 39 | 0 |
| 31 Dec 20 | 585 | -275 | 43 | 0 |
| 30 Sep 20 | 624 | -255 | 48 | 0 |
| 30 Jun 20 | 628 | -283 | 51 | 0 |
| 31 Mar 20 | 610 | -321 | 53 | 0 |
| 31 Dec 19 | 576 | -150 | 51 | 0 |
| 30 Sep 19 | 569 | -129 | 47 | 0 |
| 30 Jun 19 | 598 | -104 | 45 | 0 |
| 31 Mar 19 | 613 | -116 | 56 | 0 |
| 31 Dec 18 | 613 | -146 | 61 | 0 |
| 30 Sep 18 | 605 | -133 | 59 | 0 |
| 30 Jun 18 | 583 | -133 | 56 | 0 |
| 31 Mar 18 | 573 | -126 | 47 | 0 |
| 31 Dec 17 | 572 | -83 | 44 | 0 |
| 30 Sep 17 | 583 | -101 | 50 | 0 |
| 30 Jun 17 | 624 | -72 | 46 | 0 |
| 31 Mar 17 | 651 | -32 | 44 | 0 |
| 31 Dec 16 | 684 | -30 | 47 | 0 |
| 31 Dec 15 | 1,031 | -180 | 140 | 0 |
| 31 Dec 14 | 1,235 | 226 | 107 | 0 |
Quality Earnings: SHLL.F has a large one-off gain of $8.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: SHLL.F's current net profit margins (4.1%) are higher than last year (0.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SHLL.F has become profitable over the past 5 years, growing earnings by 54.5% per year.
Accelerating Growth: SHLL.F's earnings growth over the past year (419.2%) exceeds its 5-year average (54.5% per year).
Earnings vs Industry: SHLL.F earnings growth over the past year (419.2%) exceeded the Energy Services industry 17%.
Return on Equity
High ROE: SHLL.F's Return on Equity (1.8%) is considered low.