Source Rock Royalties Past Earnings Performance
Past criteria checks 1/6
Source Rock Royalties has been growing earnings at an average annual rate of 58.6%, while the Oil and Gas industry saw earnings growing at 36.7% annually. Revenues have been growing at an average rate of 34.9% per year. Source Rock Royalties's return on equity is 6.5%, and it has net margins of 27.1%.
Key information
58.6%
Earnings growth rate
55.7%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 34.9% |
| Return on equity | 6.5% |
| Net Margin | 27.1% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Source Rock Royalties 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 23 | 6 | 2 | 2 | 0 |
| 30 Jun 23 | 6 | 2 | 2 | 0 |
| 31 Mar 23 | 6 | 2 | 1 | 0 |
| 31 Dec 22 | 6 | 3 | 1 | 0 |
| 30 Sep 22 | 6 | 3 | 1 | 0 |
| 30 Jun 22 | 6 | 2 | 1 | 0 |
| 31 Mar 22 | 5 | 1 | 1 | 0 |
| 31 Dec 21 | 4 | 0 | 1 | 0 |
| 30 Sep 21 | 3 | -3 | 1 | 0 |
| 31 Dec 20 | 1 | -3 | 1 | 0 |
| 31 Dec 19 | 3 | 0 | 1 | 0 |
Quality Earnings: SRRR.F has a high level of non-cash earnings.
Growing Profit Margin: SRRR.F's current net profit margins (27.1%) are lower than last year (41.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SRRR.F's earnings have grown significantly by 58.6% per year over the past 5 years.
Accelerating Growth: SRRR.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: SRRR.F had negative earnings growth (-32.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-15.9%).
Return on Equity
High ROE: SRRR.F's Return on Equity (6.5%) is considered low.