Fidelity Life Assurance of Zimbabwe Past Earnings Performance
Past criteria checks 2/6
Fidelity Life Assurance of Zimbabwe has been growing earnings at an average annual rate of 66.7%, while the Insurance industry saw earnings growing at 15.9% annually. Revenues have been declining at an average rate of 260% per year.
Key information
65.1%
Earnings growth rate
65.1%
EPS growth rate
| Insurance Industry Growth | 39.2% |
| Revenue growth rate | -17.9% |
| Return on equity | 24.0% |
| Net Margin | -17.5% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How Fidelity Life Assurance of Zimbabwe 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 23 | -43,029 | 7,544 | 3,615 | 0 |
| 31 Mar 23 | -18,736 | 3,071 | 3,017 | 0 |
| 31 Dec 22 | 5,557 | -1,402 | 2,418 | 0 |
| 30 Sep 22 | 26,423 | 17,022 | 3,369 | 0 |
| 30 Jun 22 | 26,895 | 18,358 | 3,486 | 0 |
| 31 Mar 22 | 16,716 | 9,373 | 2,990 | 0 |
| 31 Dec 21 | 6,537 | 388 | 2,494 | 0 |
| 30 Sep 21 | 4,424 | -347 | 1,718 | 0 |
| 30 Jun 21 | 2,312 | -1,081 | 943 | 0 |
| 31 Mar 21 | 1,807 | -601 | 680 | 0 |
| 31 Dec 20 | 1,302 | -121 | 418 | 0 |
| 30 Sep 20 | 1,174 | 640 | 329 | 0 |
| 30 Jun 20 | 1,020 | 851 | 360 | 0 |
| 31 Mar 20 | 742 | 465 | 349 | 0 |
| 31 Dec 19 | 464 | 78 | 339 | 0 |
| 30 Sep 19 | 405 | 25 | 162 | 0 |
| 30 Jun 19 | 500 | 15 | 174 | 0 |
| 31 Mar 19 | 396 | 5 | 135 | 0 |
| 31 Dec 18 | 292 | -4 | 95 | 0 |
| 30 Sep 18 | 6,974 | -480 | 2,185 | 0 |
| 30 Jun 18 | 13,655 | -957 | 4,274 | 0 |
| 31 Mar 18 | 15,755 | -641 | 4,931 | 0 |
| 31 Dec 17 | 17,855 | -325 | 5,587 | 0 |
| 30 Sep 17 | 17,591 | 1,013 | 4,906 | 0 |
| 30 Jun 17 | 17,328 | 2,351 | 4,226 | 0 |
| 31 Mar 17 | 17,010 | 2,196 | 4,266 | 0 |
| 31 Dec 16 | 16,691 | 2,041 | 4,307 | 0 |
| 30 Jun 16 | 16,153 | 1,048 | 3,635 | 0 |
| 31 Mar 16 | 16,570 | 1,348 | 3,620 | 0 |
| 31 Dec 15 | 16,986 | 1,648 | 3,606 | 0 |
| 30 Jun 15 | 14,268 | 2,064 | 3,511 | 0 |
| 31 Mar 15 | 13,495 | 1,787 | 3,410 | 0 |
| 31 Dec 14 | 12,766 | 1,517 | 3,320 | 0 |
| 30 Jun 14 | 6,753 | 466 | 2,753 | 0 |
| 31 Mar 14 | 7,103 | 581 | 2,754 | 0 |
| 31 Dec 13 | 8,722 | 815 | 3,223 | 0 |
Quality Earnings: FIDL has a large one-off gain of ZWL20.5B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: FIDL's current net profit margins (-17.5%) are lower than last year (68.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FIDL has become profitable over the past 5 years, growing earnings by 66.7% per year.
Accelerating Growth: FIDL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FIDL had negative earnings growth (-58.9%) over the past year, making it difficult to compare to the Insurance industry average (27.6%).
Return on Equity
High ROE: FIDL's Return on Equity (24%) is considered high.