AfroCentric Investment Past Earnings Performance
Past criteria checks 0/6
AfroCentric Investment's earnings have been declining at an average annual rate of -11.9%, while the Diversified Financial industry saw earnings growing at 6.1% annually. Revenues have been growing at an average rate of 9.5% per year. AfroCentric Investment's return on equity is 2.2%, and it has net margins of 0.6%.
Key information
-11.9%
Earnings growth rate
-14.9%
EPS growth rate
| Diversified Financial Industry Growth | 6.0% |
| Revenue growth rate | 9.5% |
| Return on equity | 2.2% |
| Net Margin | 0.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
AfroCentric Investment Corporation Limited's (JSE:ACT) 29% Price Boost Is Out Of Tune With Earnings
Sep 01
Pinning Down AfroCentric Investment Corporation Limited's (JSE:ACT) P/E Is Difficult Right Now
May 02Here's Why We Think AfroCentric Investment Corporation Limited's (JSE:ACT) CEO Compensation Looks Fair for the time being
Nov 04AfroCentric Investment (JSE:ACT) Has Announced A Dividend Of ZAR0.17
Oct 26AfroCentric Investment (JSE:ACT) Is Due To Pay A Dividend Of ZAR0.17
Oct 12AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of ZAR0.17
Sep 16AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of R0.17
Oct 03AfroCentric Investment's (JSE:ACT) Dividend Will Be R0.17
Sep 16Is Now The Time To Put AfroCentric Investment (JSE:ACT) On Your Watchlist?
Sep 05I Built A List Of Growing Companies And AfroCentric Investment (JSE:ACT) Made The Cut
Jun 04How Does AfroCentric Investment Corporation Limited (JSE:ACT) Fare As A Dividend Stock?
Apr 28I Built A List Of Growing Companies And AfroCentric Investment (JSE:ACT) Made The Cut
Feb 24Why AfroCentric Investment Corporation Limited (JSE:ACT) Should Be In Your Dividend Portfolio
Jan 18AfroCentric Investment's (JSE:ACT) Shareholders Are Down 44% On Their Shares
Dec 22
Here's Why I Think AfroCentric Investment (JSE:ACT) Is An Interesting Stock
Nov 25Revenue & Expenses Breakdown
How AfroCentric Investment 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 Jun 24 | 8,903 | 55 | 320 | 0 |
| 31 Mar 24 | 8,910 | 143 | 331 | 0 |
| 31 Dec 23 | 8,938 | 231 | 342 | 0 |
| 30 Sep 23 | 8,905 | 207 | 343 | 0 |
| 30 Jun 23 | 8,849 | 184 | 343 | 0 |
| 31 Mar 23 | 8,798 | 236 | 319 | 0 |
| 31 Dec 22 | 8,746 | 288 | 295 | 0 |
| 30 Sep 22 | 8,720 | 304 | 262 | 0 |
| 30 Jun 22 | 8,694 | 320 | 229 | 0 |
| 31 Dec 21 | 8,406 | 253 | 24 | 0 |
| 30 Sep 21 | 8,242 | 290 | 82 | 0 |
| 30 Jun 21 | 8,077 | 326 | 141 | 0 |
| 31 Dec 20 | 7,207 | 342 | -171 | 0 |
| 30 Sep 20 | 6,813 | 327 | -39 | 0 |
| 30 Jun 20 | 6,419 | 312 | 93 | 0 |
| 31 Mar 20 | 6,260 | 299 | 285 | 0 |
| 31 Dec 19 | 6,078 | 295 | 525 | 0 |
| 30 Sep 19 | 5,688 | 283 | 354 | 0 |
| 30 Jun 19 | 5,297 | 270 | 184 | 0 |
| 31 Mar 19 | 4,921 | 262 | 222 | 0 |
| 31 Dec 18 | 4,546 | 254 | 260 | 0 |
| 30 Sep 18 | 4,379 | 255 | 241 | 0 |
| 30 Jun 18 | 4,213 | 257 | 221 | 0 |
| 31 Mar 18 | 4,113 | 199 | 255 | 0 |
| 31 Dec 17 | 4,013 | 142 | 288 | 0 |
| 30 Sep 17 | 3,899 | 130 | 268 | 0 |
| 30 Jun 17 | 3,785 | 118 | 249 | 0 |
| 31 Mar 17 | 3,650 | 151 | 250 | 0 |
| 31 Dec 16 | 3,516 | 184 | 250 | 0 |
| 30 Sep 16 | 3,332 | 162 | 249 | 0 |
| 30 Jun 16 | 3,148 | 140 | 249 | 0 |
| 31 Mar 16 | 2,836 | 153 | 274 | 0 |
| 31 Dec 15 | 2,524 | 167 | 299 | 0 |
| 30 Sep 15 | 2,311 | 160 | 264 | 0 |
| 30 Jun 15 | 2,098 | 154 | 229 | 0 |
| 31 Mar 15 | 2,068 | 167 | 234 | 0 |
| 31 Dec 14 | 2,037 | 180 | 239 | 0 |
| 30 Sep 14 | 1,998 | 167 | 240 | 0 |
| 30 Jun 14 | 1,958 | 154 | 240 | 0 |
| 31 Mar 14 | 1,923 | 164 | 252 | 0 |
| 31 Dec 13 | 1,887 | 175 | 265 | 0 |
Quality Earnings: ACT has a large one-off loss of ZAR276.4M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: ACT's current net profit margins (0.6%) are lower than last year (2.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ACT's earnings have declined by 11.9% per year over the past 5 years.
Accelerating Growth: ACT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ACT had negative earnings growth (-69.8%) over the past year, making it difficult to compare to the Diversified Financial industry average (-49.1%).
Return on Equity
High ROE: ACT's Return on Equity (2.2%) is considered low.