Able View Global Past Earnings Performance
Past criteria checks 2/6
Able View Global has been growing earnings at an average annual rate of 10.3%, while the Media industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 20.9% per year. Able View Global's return on equity is 85.4%, and it has net margins of 6.3%.
Key information
10.3%
Earnings growth rate
-22.1%
EPS growth rate
| Media Industry Growth | 13.2% |
| Revenue growth rate | 20.9% |
| Return on equity | 85.4% |
| Net Margin | 6.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Able View Global Inc. (NASDAQ:ABLV) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough
Sep 18
Investors Don't See Light At End Of Able View Global Inc.'s (NASDAQ:ABLV) Tunnel And Push Stock Down 44%
Jun 16Shareholders Can Be Confident That Able View Global's (NASDAQ:ABLV) Earnings Are High Quality
May 07Take Care Before Jumping Onto Able View Global Inc. (NASDAQ:ABLV) Even Though It's 39% Cheaper
May 02It's Down 39% But Able View Global Inc. (NASDAQ:ABLV) Could Be Riskier Than It Looks
May 02Revenue & Expenses Breakdown
How Able View Global 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 23 | 149 | 9 | 24 | 0 |
| 30 Sep 23 | 158 | 9 | 24 | 0 |
| 30 Jun 23 | 166 | 9 | 25 | 0 |
| 31 Mar 23 | 156 | 8 | 24 | 0 |
| 31 Dec 22 | 145 | 8 | 22 | 0 |
| 30 Sep 22 | 138 | 8 | 20 | 0 |
| 30 Jun 22 | 130 | 9 | 18 | 0 |
| 31 Mar 22 | 124 | 9 | 17 | 0 |
| 31 Dec 21 | 117 | 9 | 15 | 0 |
| 31 Dec 20 | 71 | 6 | 8 | 0 |
Quality Earnings: ABLV has high quality earnings.
Growing Profit Margin: ABLV's current net profit margins (6.3%) are higher than last year (5.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ABLV's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare ABLV's past year earnings growth to its 5-year average.
Earnings vs Industry: ABLV earnings growth over the past year (23.5%) did not outperform the Media industry 32.9%.
Return on Equity
High ROE: Whilst ABLV's Return on Equity (85.41%) is outstanding, this metric is skewed due to their high level of debt.