Midway Past Earnings Performance
Past criteria checks 0/6
Midway's earnings have been declining at an average annual rate of -58.7%, while the Forestry industry saw earnings growing at 31.6% annually. Revenues have been declining at an average rate of 1.8% per year.
Key information
-58.7%
Earnings growth rate
-59.5%
EPS growth rate
| Forestry Industry Growth | 31.6% |
| Revenue growth rate | -1.8% |
| Return on equity | -6.0% |
| Net Margin | -3.5% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Midway 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 |
|---|---|---|---|---|
| 31 Dec 22 | 235 | -8 | 65 | 0 |
| 30 Sep 22 | 219 | -11 | 63 | 0 |
| 30 Jun 22 | 203 | -13 | 60 | 0 |
| 31 Mar 22 | 211 | -8 | 54 | 0 |
| 31 Dec 21 | 221 | -5 | 50 | 0 |
| 30 Sep 21 | 252 | -5 | 55 | 0 |
| 30 Jun 21 | 282 | -5 | 60 | 0 |
| 31 Mar 21 | 287 | -10 | 65 | 0 |
| 31 Dec 20 | 292 | -14 | 70 | 0 |
| 30 Sep 20 | 277 | -13 | 74 | 0 |
| 30 Jun 20 | 262 | -12 | 77 | 0 |
| 31 Mar 20 | 273 | 0 | 80 | 0 |
| 31 Dec 19 | 283 | 12 | 83 | 0 |
| 30 Sep 19 | 286 | 19 | 80 | 0 |
| 30 Jun 19 | 289 | 26 | 78 | 0 |
| 31 Mar 19 | 284 | 28 | 76 | 0 |
| 31 Dec 18 | 279 | 30 | 74 | 0 |
| 30 Sep 18 | 257 | 24 | 68 | 0 |
| 30 Jun 18 | 236 | 18 | 63 | 0 |
| 31 Mar 18 | 223 | 15 | 57 | 0 |
| 31 Dec 17 | 211 | 11 | 52 | 0 |
| 30 Sep 17 | 212 | 13 | 49 | 0 |
| 30 Jun 17 | 213 | 15 | 46 | 0 |
| 31 Mar 17 | 202 | 16 | 40 | 0 |
| 31 Dec 16 | 191 | 18 | 34 | 0 |
| 30 Sep 16 | 202 | 22 | 38 | 0 |
| 30 Jun 16 | 212 | 26 | 42 | 0 |
| 30 Jun 15 | 145 | 19 | 24 | 0 |
| 30 Jun 14 | 96 | 2 | 4 | 0 |
| 30 Jun 13 | 81 | -4 | 5 | 0 |
| 30 Jun 12 | 126 | -8 | 5 | 0 |
Quality Earnings: MWAY.F is currently unprofitable.
Growing Profit Margin: MWAY.F is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MWAY.F is unprofitable, and losses have increased over the past 5 years at a rate of 58.7% per year.
Accelerating Growth: Unable to compare MWAY.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MWAY.F is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (11%).
Return on Equity
High ROE: MWAY.F has a negative Return on Equity (-6%), as it is currently unprofitable.