Greystone Logistics Past Earnings Performance
Past criteria checks 2/6
Greystone Logistics has been growing earnings at an average annual rate of 18.4%, while the Chemicals industry saw earnings growing at 13.9% annually. Revenues have been declining at an average rate of 2.8% per year. Greystone Logistics's return on equity is 20.4%, and it has net margins of 6.2%.
Key information
18.4%
Earnings growth rate
18.5%
EPS growth rate
| Chemicals Industry Growth | 12.9% |
| Revenue growth rate | -2.8% |
| Return on equity | 20.4% |
| Net Margin | 6.2% |
| Last Earnings Update | 29 Feb 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Greystone Logistics 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 |
|---|---|---|---|---|
| 29 Feb 24 | 63 | 4 | 5 | 0 |
| 30 Nov 23 | 63 | 7 | 5 | 0 |
| 31 Aug 23 | 59 | 6 | 5 | 0 |
| 31 May 23 | 61 | 6 | 5 | 0 |
| 28 Feb 23 | 66 | 5 | 5 | 0 |
| 30 Nov 22 | 75 | 2 | 5 | 0 |
| 31 Aug 22 | 78 | 2 | 5 | 0 |
| 31 May 22 | 74 | 4 | 5 | 0 |
| 28 Feb 22 | 70 | 4 | 6 | 0 |
| 30 Nov 21 | 62 | 4 | 5 | 0 |
| 31 Aug 21 | 62 | 5 | 5 | 0 |
| 31 May 21 | 65 | 3 | 5 | 0 |
| 28 Feb 21 | 66 | 4 | 5 | 0 |
| 30 Nov 20 | 71 | 5 | 5 | 0 |
| 31 Aug 20 | 75 | 5 | 5 | 0 |
| 31 May 20 | 76 | 4 | 5 | 0 |
| 29 Feb 20 | 79 | 3 | 5 | 0 |
| 30 Nov 19 | 76 | 1 | 4 | 0 |
| 31 Aug 19 | 72 | 1 | 4 | 0 |
| 31 May 19 | 71 | 1 | 4 | 0 |
| 28 Feb 19 | 67 | 2 | 4 | 0 |
| 30 Nov 18 | 62 | 2 | 3 | 0 |
| 31 Aug 18 | 57 | 1 | 3 | 0 |
| 31 May 18 | 49 | 1 | 3 | 0 |
| 28 Feb 18 | 46 | 1 | 3 | 0 |
| 30 Nov 17 | 43 | 2 | 3 | 0 |
| 31 Aug 17 | 42 | 2 | 3 | 0 |
| 31 May 17 | 40 | 2 | 3 | 0 |
| 28 Feb 17 | 37 | 1 | 3 | 0 |
| 30 Nov 16 | 33 | 0 | 3 | 0 |
| 31 Aug 16 | 29 | 0 | 3 | 0 |
| 31 May 16 | 26 | 0 | 3 | 0 |
| 29 Feb 16 | 24 | 0 | 2 | 0 |
| 30 Nov 15 | 22 | 1 | 2 | 0 |
| 31 Aug 15 | 22 | 0 | 2 | 0 |
| 31 May 15 | 22 | 0 | 2 | 0 |
| 28 Feb 15 | 22 | 1 | 2 | 0 |
| 30 Nov 14 | 23 | 1 | 2 | 0 |
| 31 Aug 14 | 23 | 1 | 2 | 0 |
| 31 May 14 | 23 | 3 | 2 | 0 |
| 28 Feb 14 | 23 | 2 | 2 | 0 |
| 30 Nov 13 | 23 | 3 | 2 | 0 |
| 31 Aug 13 | 23 | 3 | 2 | 0 |
| 31 May 13 | 24 | 2 | 2 | 0 |
Quality Earnings: GLGI has a large one-off loss of $3.3M impacting its last 12 months of financial results to 29th February, 2024.
Growing Profit Margin: GLGI's current net profit margins (6.2%) are lower than last year (8.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GLGI's earnings have grown by 18.4% per year over the past 5 years.
Accelerating Growth: GLGI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GLGI had negative earnings growth (-26.6%) over the past year, making it difficult to compare to the Chemicals industry average (-11.9%).
Return on Equity
High ROE: GLGI's Return on Equity (20.4%) is considered high.