Fairvest Past Earnings Performance
Past criteria checks 2/6
Fairvest has been growing earnings at an average annual rate of 50%, while the REITs industry saw earnings growing at 14.1% annually. Revenues have been growing at an average rate of 34.8% per year. Fairvest's return on equity is 8.6%, and it has net margins of 34.2%.
Key information
50.0%
Earnings growth rate
37.3%
EPS growth rate
| REITs Industry Growth | 3.9% |
| Revenue growth rate | 34.8% |
| Return on equity | 8.6% |
| Net Margin | 34.2% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Fairvest 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 23 | 1,915 | 655 | 115 | 0 |
| 30 Sep 22 | 1,268 | 1,710 | 76 | 0 |
| 31 Mar 22 | 860 | 1,536 | 45 | 0 |
| 30 Jun 21 | 554 | 289 | 31 | 0 |
| 31 Mar 21 | 549 | 219 | 31 | 0 |
| 31 Dec 20 | 538 | 149 | 31 | 0 |
| 30 Sep 20 | 535 | 137 | 30 | 0 |
| 30 Jun 20 | 538 | 124 | 30 | 0 |
| 31 Mar 20 | 528 | 174 | 30 | 0 |
| 31 Dec 19 | 518 | 223 | 30 | 0 |
| 30 Sep 19 | 504 | 227 | 30 | 0 |
| 30 Jun 19 | 490 | 230 | 30 | 0 |
| 31 Mar 19 | 473 | 258 | 29 | 0 |
| 31 Dec 18 | 457 | 286 | 28 | 0 |
| 30 Sep 18 | 431 | 280 | 26 | 0 |
| 30 Jun 18 | 404 | 273 | 25 | 0 |
| 31 Mar 18 | 380 | 295 | 23 | 0 |
| 31 Dec 17 | 356 | 317 | 21 | 0 |
| 30 Sep 17 | 343 | 308 | 20 | 0 |
| 30 Jun 17 | 331 | 299 | 19 | 0 |
| 31 Mar 17 | 319 | 293 | 19 | 0 |
| 31 Dec 16 | 307 | 286 | 18 | 0 |
| 30 Sep 16 | 294 | 254 | 18 | 0 |
| 30 Jun 16 | 280 | 222 | 17 | 0 |
| 31 Mar 16 | 256 | 203 | 16 | 0 |
| 31 Dec 15 | 233 | 184 | 14 | 0 |
| 30 Sep 15 | 210 | 172 | 13 | 0 |
| 30 Jun 15 | 188 | 160 | 12 | 0 |
| 31 Mar 15 | 182 | 117 | 12 | 0 |
| 31 Dec 14 | 176 | 74 | 11 | 0 |
| 30 Sep 14 | 162 | 67 | 11 | 0 |
| 30 Jun 14 | 149 | 60 | 10 | 0 |
| 31 Mar 14 | 128 | 53 | 11 | 0 |
| 31 Dec 13 | 107 | 46 | 11 | 0 |
| 30 Sep 13 | 80 | 37 | 9 | 0 |
| 30 Jun 13 | 54 | 27 | 6 | 0 |
Quality Earnings: FTA has high quality earnings.
Growing Profit Margin: FTA's current net profit margins (34.2%) are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FTA's earnings have grown significantly by 50% per year over the past 5 years.
Accelerating Growth: FTA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FTA had negative earnings growth (-61.7%) over the past year, making it difficult to compare to the REITs industry average (3.1%).
Return on Equity
High ROE: FTA's Return on Equity (8.6%) is considered low.