Intervest Offices & Warehouses Past Earnings Performance

Past criteria checks 0/6

Intervest Offices & Warehouses's earnings have been declining at an average annual rate of -4%, while the Industrial REITs industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 6.7% per year. Intervest Offices & Warehouses's return on equity is 1.9%, and it has net margins of 7.3%.

Key information

-4.0%

Earnings growth rate

-7.4%

EPS growth rate

Industrial REITs Industry Growth	24.3%
Revenue growth rate	6.7%
Return on equity	1.9%
Net Margin	7.3%
Next Earnings Update	22 Mar 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Intervest Offices & Warehouses makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:IOWF.F Revenue, expenses and earnings (EUR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	81	6	11
30 Sep 23	80	2	5
30 Jun 23	77	4	4
31 Mar 23	72	20	4
31 Dec 22	72	52	4
30 Sep 22	70	107	4
30 Jun 22	70	115	4
31 Mar 22	69	101	3
31 Dec 21	66	98	3
30 Sep 21	65	83	4
30 Jun 21	65	76	4
31 Mar 21	63	60	4
31 Dec 20	62	43	4
30 Sep 20	62	58	4
30 Jun 20	61	58	4
31 Mar 20	67	70	4
31 Dec 19	67	66	4
30 Sep 19	64	46	3
30 Jun 19	61	37	3
31 Mar 19	52	34	3
31 Dec 18	49	34	3
30 Sep 18	47	35	3
30 Jun 18	46	34	3
31 Mar 18	45	24	3
31 Dec 17	44	21	3
30 Sep 17	44	28	3
30 Jun 17	44	29	3
31 Mar 17	45	33	3
31 Dec 16	46	21	2
30 Sep 16	46	13	2
30 Jun 16	47	12	2
31 Mar 16	47	10	2
31 Dec 15	49	26	2
30 Sep 15	48	26	2
30 Jun 15	46	23	2
31 Mar 15	45	20	2
31 Dec 14	41	16	2
30 Sep 14	41	18	1
30 Jun 14	41	20	1
31 Mar 14	41	33	1
31 Dec 13	41	35	1
30 Sep 13	41	21	1
30 Jun 13	42	20	1
31 Mar 13	42	7	1

Quality Earnings: IOWF.F has a large one-off loss of €22.4M impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: IOWF.F's current net profit margins (7.3%) are lower than last year (71.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: IOWF.F's earnings have declined by 4% per year over the past 5 years.

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

Earnings vs Industry: IOWF.F had negative earnings growth (-88.6%) over the past year, making it difficult to compare to the Industrial REITs industry average (7.7%).

Return on Equity

High ROE: IOWF.F's Return on Equity (1.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/26 17:49
End of Day Share Price	2023/11/29 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Intervest Offices & Warehouses is covered by 7 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
Steven Vlek	ABN AMRO Bank N.V.
Inna Maslova	Degroof Petercam
Pieter Runneboom	ING Groep NV