$FirstEnergy (FE.US)$ Revenue has declined for 4 years in th...

Revenue has declined for 4 years in the past 5 years, grew 3.2% in 2021, operating profit increased 32.3% in 2021, and net profit increased 18.3% and 18.9% in 2020 and 2021, respectively.

Operating expenses fell by 600 million dollars in 2021, resulting in a sharp increase in operating profit. This should not be sustainable. Excluding this impact, operating profit did not change much. Moomoo shows that the “management fee” was negative 382 million in 2021. This is probably the wrong category.

The average net profit has increased by 18% in the past two years. Currently, the price-earnings ratio is 18 times higher, which needs to be supported by more persuasive growth data.