Brait Past Earnings Performance
Past criteria checks 2/6
Brait has been growing earnings at an average annual rate of 72.1%, while the Capital Markets industry saw earnings growing at 17.9% annually. Revenues have been growing at an average rate of 69.3% per year. Brait's return on equity is 3.9%, and it has net margins of 50.8%.
Key information
72.1%
Earnings growth rate
80.5%
EPS growth rate
| Capital Markets Industry Growth | 14.4% |
| Revenue growth rate | 69.3% |
| Return on equity | 3.9% |
| Net Margin | 50.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Brait 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 24 | 918 | 466 | 135 | 0 |
| 30 Jun 24 | 562 | 148 | 113 | 0 |
| 31 Mar 24 | 206 | -171 | 137 | 0 |
| 31 Dec 23 | 35 | -331 | 154 | 0 |
| 30 Sep 23 | -137 | -492 | 170 | 0 |
| 30 Jun 23 | -370 | -710 | 176 | 0 |
| 31 Mar 23 | -603 | -928 | 181 | 0 |
| 31 Dec 22 | -227 | -555 | 211 | 0 |
| 30 Sep 22 | 88 | -211 | 240 | 0 |
| 30 Jun 22 | 587 | 183 | 204 | 0 |
| 31 Mar 22 | 1,085 | 577 | 167 | 0 |
| 31 Dec 21 | 1,597 | 896 | 159 | 0 |
| 30 Sep 21 | 2,170 | 1,251 | 151 | 0 |
| 30 Jun 21 | 1,863 | 842 | 151 | 0 |
| 31 Mar 21 | 1,554 | 446 | 151 | 0 |
| 31 Dec 20 | -6,988 | -7,902 | 76 | 0 |
| 30 Sep 20 | -17,007 | -17,786 | 0 | 0 |
| 30 Jun 20 | -17,433 | -18,359 | 0 | 0 |
| 31 Mar 20 | -18,083 | -19,168 | 0 | 0 |
| 31 Dec 19 | -10,934 | -12,207 | 0 | 0 |
| 30 Sep 19 | -7,843 | -9,609 | 0 | 0 |
| 30 Jun 19 | -8,930 | -10,332 | 0 | 0 |
| 31 Mar 19 | -10,357 | -11,458 | 0 | 0 |
| 31 Dec 18 | -7,492 | -9,010 | 0 | 0 |
| 30 Sep 18 | -4,400 | -6,305 | 0 | 0 |
| 30 Jun 18 | -6,743 | -8,681 | 0 | 0 |
| 31 Mar 18 | -8,360 | -10,195 | 0 | 0 |
| 31 Dec 17 | -13,325 | -14,802 | 0 | 0 |
| 30 Sep 17 | -19,538 | -20,706 | 0 | 0 |
| 30 Jun 17 | -16,080 | -17,432 | 0 | 0 |
| 31 Mar 17 | -13,325 | -14,871 | 0 | 0 |
| 31 Dec 16 | -7,604 | -8,313 | 0 | 0 |
| 30 Sep 16 | -1,865 | -1,880 | 0 | 0 |
| 30 Jun 16 | 11,077 | 10,840 | 0 | 0 |
| 31 Mar 16 | 24,713 | 24,244 | 0 | 0 |
| 31 Dec 15 | 37,485 | 36,503 | 118 | 0 |
| 30 Sep 15 | 46,096 | 44,723 | 216 | 0 |
| 30 Jun 15 | 31,868 | 31,103 | 189 | 0 |
| 31 Mar 15 | 22,449 | 22,136 | 183 | 0 |
| 31 Dec 14 | 13,540 | 13,191 | 105 | 0 |
| 30 Sep 14 | 3,068 | 2,697 | 14 | 0 |
| 30 Jun 14 | 3,209 | 2,838 | 15 | 0 |
| 31 Mar 14 | 3,277 | 2,915 | 15 | 0 |
| 31 Dec 13 | 3,602 | 3,285 | 29 | 0 |
Quality Earnings: BAT has a large one-off gain of ZAR100.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: BAT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BAT has become profitable over the past 5 years, growing earnings by 72.1% per year.
Accelerating Growth: BAT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BAT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (7.1%).
Return on Equity
High ROE: BAT's Return on Equity (3.9%) is considered low.