Reitar Logtech Holdings Past Earnings Performance
Past criteria checks 1/6
Reitar Logtech Holdings's earnings have been declining at an average annual rate of -39.4%, while the Real Estate industry saw earnings growing at 7.5% annually. Revenues have been declining at an average rate of 1.6% per year. Reitar Logtech Holdings's return on equity is 9.1%, and it has net margins of 7.2%.
Key information
-39.4%
Earnings growth rate
-65.2%
EPS growth rate
| Real Estate Industry Growth | 27.7% |
| Revenue growth rate | -1.6% |
| Return on equity | 9.1% |
| Net Margin | 7.2% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Reitar Logtech Holdings 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 | 112 | 8 | 15 | 0 |
| 30 Jun 23 | 98 | 8 | 14 | 0 |
| 31 Mar 23 | 84 | 8 | 12 | 0 |
| 31 Mar 22 | 144 | 19 | 10 | 0 |
| 31 Mar 21 | 73 | 5 | 6 | 0 |
Quality Earnings: RITR has high quality earnings.
Growing Profit Margin: RITR's current net profit margins (7.2%) are lower than last year (11.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if RITR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: RITR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RITR had negative earnings growth (-39.4%) over the past year, making it difficult to compare to the Real Estate industry average (9.3%).
Return on Equity
High ROE: RITR's Return on Equity (9.1%) is considered low.