We Buy Cars Holdings Past Earnings Performance
Past criteria checks 1/6
We Buy Cars Holdings has been growing earnings at an average annual rate of 18.1%, while the Specialty Retail industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 22.4% per year. We Buy Cars Holdings's return on equity is 60%, and it has net margins of 3.1%.
Key information
18.1%
Earnings growth rate
-51.9%
EPS growth rate
| Specialty Retail Industry Growth | 11.1% |
| Revenue growth rate | 22.4% |
| Return on equity | 60.0% |
| Net Margin | 3.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How We Buy Cars Holdings 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 Mar 24 | 21,788 | 683 | 15 | 0 |
| 31 Dec 23 | 20,986 | 752 | 15 | 0 |
| 30 Sep 23 | 20,185 | 821 | 15 | 0 |
| 30 Sep 22 | 19,278 | 1,252 | 9 | 0 |
| 31 Mar 22 | 14,178 | 536 | 8 | 0 |
| 31 Mar 21 | 9,486 | 255 | 11 | 0 |
Quality Earnings: WBC has high quality earnings.
Growing Profit Margin: WBC's current net profit margins (3.1%) are lower than last year (5.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if WBC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: WBC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WBC had negative earnings growth (-34.2%) over the past year, making it difficult to compare to the Specialty Retail industry average (-1.9%).
Return on Equity
High ROE: Whilst WBC's Return on Equity (60.02%) is outstanding, this metric is skewed due to their high level of debt.