Riverway Management No.3 Past Earnings Performance
Past criteria checks 2/6
Riverway Management No.3's earnings have been declining at an average annual rate of -82.6%, while the Shipping industry saw earnings growing at 29% annually. Revenues have been declining at an average rate of 79.5% per year. Riverway Management No.3's return on equity is 3.5%, and it has net margins of 9.8%.
Key information
-82.6%
Earnings growth rate
-54.1%
EPS growth rate
| Shipping Industry Growth | -0.7% |
| Revenue growth rate | -79.5% |
| Return on equity | 3.5% |
| Net Margin | 9.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Riverway Management No.3 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 | 29,736 | 2,921 | 4,431 | 0 |
| 30 Sep 23 | -3,870 | -43,936 | 31,557 | 0 |
| 30 Jun 23 | 670 | -35,476 | 31,825 | 0 |
| 31 Mar 23 | 370 | -36,735 | 31,807 | 0 |
| 31 Dec 22 | 3,727 | -36,335 | 32,824 | 0 |
| 30 Sep 22 | 19,325 | -1,602 | 7,712 | 0 |
| 30 Jun 22 | 27,044 | 2,112 | 8,343 | 0 |
| 31 Mar 22 | 36,482 | 4,960 | 9,643 | 0 |
| 31 Dec 21 | 42,563 | 7,703 | 9,731 | 0 |
| 31 Dec 20 | 54,185 | 6,606 | 8,539 | 0 |
Quality Earnings: DS3 has a high level of non-cash earnings.
Growing Profit Margin: DS3 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DS3 has become profitable over the past 5 years.
Accelerating Growth: DS3 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: DS3 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Shipping industry (-21.8%).
Return on Equity
High ROE: DS3's Return on Equity (3.5%) is considered low.