Mainstreet Equity Past Earnings Performance

Past criteria checks 4/6

Mainstreet Equity has been growing earnings at an average annual rate of 15.7%, while the Real Estate industry saw earnings growing at 6% annually. Revenues have been growing at an average rate of 11.8% per year. Mainstreet Equity's return on equity is 13.2%, and it has net margins of 80%.

Key information

15.7%

Earnings growth rate

15.7%

EPS growth rate

Real Estate Industry Growth	27.7%
Revenue growth rate	11.8%
Return on equity	13.2%
Net Margin	80.0%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Mainstreet Equity makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:MEQY.F Revenue, expenses and earnings (CAD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	250	200	18
30 Jun 24	239	126	17
31 Mar 24	229	176	18
31 Dec 23	220	163	18
30 Sep 23	210	109	17
30 Jun 23	202	126	17
31 Mar 23	193	114	16
31 Dec 22	186	123	16
30 Sep 22	181	121	15
30 Jun 22	176	104	14
31 Mar 22	170	263	14
31 Dec 21	165	243	13
30 Sep 21	160	226	12
30 Jun 21	156	234	12
31 Mar 21	153	64	12
31 Dec 20	152	58	12
30 Sep 20	150	69	12
30 Jun 20	148	49	13
31 Mar 20	145	50	12
31 Dec 19	142	58	12
30 Sep 19	138	59	12
30 Jun 19	132	63	12
31 Mar 19	127	77	12
31 Dec 18	121	75	11
30 Sep 18	116	73	11
30 Jun 18	111	146	11
31 Mar 18	108	111	11
31 Dec 17	106	98	11
30 Sep 17	105	91	10
30 Jun 17	103	37	11
31 Mar 17	102	47	10
31 Dec 16	101	22	10
30 Sep 16	100	17	10
30 Jun 16	101	36	8
31 Mar 16	101	27	8
31 Dec 15	101	52	9
30 Sep 15	100	65	9
30 Jun 15	99	32	9
31 Mar 15	97	66	9
31 Dec 14	94	68	9
30 Sep 14	90	67	9
30 Jun 14	88	73	9
31 Mar 14	84	48	8
31 Dec 13	81	52	8

Quality Earnings: MEQY.F has a large one-off gain of CA$146.9M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: MEQY.F's current net profit margins (80%) are higher than last year (52.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MEQY.F's earnings have grown by 15.7% per year over the past 5 years.

Accelerating Growth: MEQY.F's earnings growth over the past year (82.7%) exceeds its 5-year average (15.7% per year).

Earnings vs Industry: MEQY.F earnings growth over the past year (82.7%) exceeded the Real Estate industry 3.2%.

Return on Equity

High ROE: MEQY.F's Return on Equity (13.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 05:21
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mainstreet Equity Corp. is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jim Byrne	Acumen Capital Finance Partners Limited
Christopher Murray	ATB Capital Markets
Brendon Abrams	Canaccord Genuity