# Formula One Group Past Earnings Performance

### Past criteria checks 2/6

Formula One Group has been growing earnings at an average annual rate of 60.8%, while the Entertainment industry saw earnings growing at 24.4% annually. Revenues have been growing at an average rate of 14.4% per year. Formula One Group's return on equity is 5.7%, and it has net margins of 10.8%.

### Key information

60.8%

Earnings growth rate

60.8%

EPS growth rate

Entertainment Industry Growth | 18.1% |

Revenue growth rate | 14.4% |

Return on equity | 5.7% |

Net Margin | 10.8% |

Last Earnings Update | 31 Mar 2024 |

### Recent past performance updates

### Recent updates

### Unpleasant Surprises Could Be In Store For Formula One Group's (NASDAQ:FWON.K) Shares

Jul 31### Is Formula One Group (NASDAQ:FWON.K) A Risky Investment?

Jul 18### Calculating The Fair Value Of Formula One Group (NASDAQ:FWON.K)

Jun 20### Formula One Group (NASDAQ:FWON.K) Is Experiencing Growth In Returns On Capital

May 09### Formula One Group's (NASDAQ:FWON.K) Share Price Not Quite Adding Up

Apr 24### Formula One Group (NASDAQ:FWON.K) Seems To Use Debt Quite Sensibly

Apr 09### A Look At The Fair Value Of Formula One Group (NASDAQ:FWON.K)

Mar 13### What Is Formula One Group's (NASDAQ:FWON.K) Share Price Doing?

Mar 01### Here's Why We Think Formula One Group (NASDAQ:FWON.K) Is Well Worth Watching

Feb 18### There's Been No Shortage Of Growth Recently For Formula One Group's (NASDAQ:FWON.K) Returns On Capital

Jan 01### A Look At The Fair Value Of Formula One Group (NASDAQ:FWON.K)

Dec 08### These 4 Measures Indicate That Formula One Group (NASDAQ:FWON.K) Is Using Debt Reasonably Well

Nov 26### Here's Why We Think Formula One Group (NASDAQ:FWON.K) Is Well Worth Watching

Nov 14### At US$64.91, Is It Time To Put Formula One Group (NASDAQ:FWON.K) On Your Watch List?

Nov 02### Formula One Group (NASDAQ:FWON.K) Might Have The Makings Of A Multi-Bagger

Sep 11### These 4 Measures Indicate That Formula One Group (NASDAQ:FWON.K) Is Using Debt Reasonably Well

Aug 24### Formula One Group's (NASDAQ:FWON.K) Intrinsic Value Is Potentially 25% Below Its Share Price

Aug 09### Is Now The Time To Look At Buying Formula One Group (NASDAQ:FWON.K)?

Jul 22### We Like These Underlying Return On Capital Trends At Formula One Group (NASDAQ:FWON.K)

May 29### Here's Why Formula One Group (NASDAQ:FWON.K) Has A Meaningful Debt Burden

May 08### At US$73.93, Is Formula One Group (NASDAQ:FWON.K) Worth Looking At Closely?

Apr 17### Does Formula One Group (NASDAQ:FWON.K) Deserve A Spot On Your Watchlist?

Feb 16### Is Formula One Group (NASDAQ:FWON.K) A Risky Investment?

Jan 26### Formula One Group (NASDAQ:FWON.K) Is Doing The Right Things To Multiply Its Share Price

Jan 04### Shareholders Will Be Pleased With The Quality of Formula One Group's (NASDAQ:FWON.K) Earnings

Nov 20### Formula One Group (NASDAQ:FWON.K) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Nov 17### Here's Why We Think Formula One Group (NASDAQ:FWON.K) Might Deserve Your Attention Today

Nov 16### What Is Formula One Group's (NASDAQ:FWON.K) Share Price Doing?

Oct 03### Estimating The Fair Value Of Formula One Group (NASDAQ:FWON.K)

Sep 17### Formula One Group (NASDAQ:FWON.K) Has A Pretty Healthy Balance Sheet

Aug 14### Formula One Group's (NASDAQ:FWON.K) Returns On Capital Are Heading Higher

Jul 02### Is Formula One Group (NASDAQ:FWON.K) A Risky Investment?

Apr 29### Investors Will Want Formula One Group's (NASDAQ:FWON.K) Growth In ROCE To Persist

Mar 21### Is Formula One Group (NASDAQ:FWON.K) Expensive For A Reason? A Look At Its Intrinsic Value

Feb 19### What Is Formula One Group's (NASDAQ:FWON.K) Share Price Doing?

Jan 23### Would Formula One Group (NASDAQ:FWON.K) Be Better Off With Less Debt?

Dec 01### Estimating The Intrinsic Value Of Formula One Group (NASDAQ:FWON.K)

Nov 05### Is Formula One Group (NASDAQ:FWON.K) Potentially Undervalued?

Sep 13### Here's Why Formula One Group (NASDAQ:FWON.K) Can Afford Some Debt

Aug 26### A Look At The Fair Value Of Formula One Group (NASDAQ:FWON.K)

Jul 19### Is Now An Opportune Moment To Examine Formula One Group (NASDAQ:FWON.K)?

Jun 04### Formula One Group (NASDAQ:FWON.K) Is Carrying A Fair Bit Of Debt

May 18### Market Sentiment Around Loss-Making Formula One Group (NASDAQ:FWON.K)

Mar 21### Analysts Are More Bearish On Formula One Group (NASDAQ:FWON.K) Than They Used To Be

Mar 03### Should You Investigate Formula One Group (NASDAQ:FWON.K) At US$43.26?

Feb 04### The Formula One Group (NASDAQ:FWON.K) Share Price Has Gained 19% And Shareholders Are Hoping For More

Jan 09### Formula One Group (NASDAQ:FWON.K) Is Carrying A Fair Bit Of Debt

Dec 14### Formula One Group (NASDAQ:FWON.K) Shares Could Be 23% Above Their Intrinsic Value Estimate

Nov 21### Revenue & Expenses Breakdown

How Formula One Group 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 Mar 24 | 3,428 | 371 | 332 | 0 |

31 Dec 23 | 3,222 | 185 | 316 | 0 |

30 Sep 23 | 2,746 | 499 | 319 | 0 |

30 Jun 23 | 2,574 | 489 | 308 | 0 |

31 Mar 23 | 2,594 | 484 | 307 | 0 |

31 Dec 22 | 2,573 | 558 | 288 | 0 |

30 Sep 22 | 2,606 | 35 | 261 | 0 |

30 Jun 22 | 2,559 | -123 | 244 | 0 |

31 Mar 22 | 2,316 | -179 | 223 | 0 |

31 Dec 21 | 2,136 | -190 | 210 | 0 |

30 Sep 21 | 1,834 | 1 | 188 | 0 |

30 Jun 21 | 1,763 | -44 | 180 | 0 |

31 Mar 21 | 1,286 | -299 | 173 | 0 |

31 Dec 20 | 1,145 | -596 | 174 | 0 |

30 Sep 20 | 1,183 | -765 | 189 | 0 |

30 Jun 20 | 1,219 | -629 | 197 | 0 |

31 Mar 20 | 1,815 | -506 | 208 | 0 |

31 Dec 19 | 2,022 | -311 | 210 | 0 |

30 Sep 19 | 1,980 | -368 | 215 | 0 |

30 Jun 19 | 1,994 | -367 | 212 | 0 |

31 Mar 19 | 1,959 | -281 | 210 | 0 |

31 Dec 18 | 1,827 | -150 | 204 | 0 |

30 Sep 18 | 1,916 | 449 | 190 | 0 |

30 Jun 18 | 1,770 | 370 | 195 | 0 |

31 Mar 18 | 1,801 | 334 | 203 | 0 |

31 Dec 17 | 1,783 | 255 | 199 | 0 |

30 Sep 17 | 1,213 | -120 | 160 | 0 |

30 Jun 17 | 712 | -42 | 122 | 0 |

31 Mar 17 | 96 | -58 | 74 | 0 |

31 Dec 16 | 0 | 329 | 58 | 0 |

30 Sep 16 | 0 | 274 | 64 | 0 |

30 Jun 16 | 0 | 112 | 69 | 0 |

31 Mar 16 | 0 | 167 | 75 | 0 |

31 Dec 15 | 0 | -175 | 72 | 0 |

31 Dec 14 | 59 | -29 | 136 | 0 |

31 Dec 13 | 117 | 584 | 124 | 0 |

Quality Earnings: FWON.K has high quality earnings.

Growing Profit Margin: FWON.K's current net profit margins (10.8%) are lower than last year (18.7%).

### Free Cash Flow vs Earnings Analysis

## Past Earnings Growth Analysis

Earnings Trend: FWON.K has become profitable over the past 5 years, growing earnings by 60.8% per year.

Accelerating Growth: FWON.K's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FWON.K had negative earnings growth (-23.3%) over the past year, making it difficult to compare to the Entertainment industry average (18.6%).

## Return on Equity

High ROE: FWON.K's Return on Equity (5.7%) is considered low.