Omni-Lite Industries Canada Past Earnings Performance
Past criteria checks 2/6
Omni-Lite Industries Canada has been growing earnings at an average annual rate of 39%, while the Machinery industry saw earnings growing at 26.5% annually. Revenues have been growing at an average rate of 12.9% per year. Omni-Lite Industries Canada's return on equity is 7.7%, and it has net margins of 7.7%.
Key information
39.0%
Earnings growth rate
45.4%
EPS growth rate
| Machinery Industry Growth | 16.3% |
| Revenue growth rate | 12.9% |
| Return on equity | 7.7% |
| Net Margin | 7.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
The Market Lifts Omni-Lite Industries Canada Inc. (CVE:OML) Shares 34% But It Can Do More
Sep 26
Investors Still Aren't Entirely Convinced By Omni-Lite Industries Canada Inc.'s (CVE:OML) Revenues Despite 30% Price Jump
Jul 17Omni-Lite Industries Canada (CVE:OML) Is Doing The Right Things To Multiply Its Share Price
Jul 15Investors Still Aren't Entirely Convinced By Omni-Lite Industries Canada Inc.'s (CVE:OML) Revenues Despite 31% Price Jump
Apr 19Shareholders May Be A Bit More Conservative With Omni-Lite Industries Canada Inc.'s (CVE:OML) CEO Compensation For Now
Dec 01Omni-Lite Industries Canada (CVE:OML) Is Making Moderate Use Of Debt
Dec 20Omni-Lite Industries Canada (CVE:OML) Is Carrying A Fair Bit Of Debt
Sep 06Is Omni-Lite Industries Canada (CVE:OML) Using Too Much Debt?
May 24Omni-Lite Industries Canada (CVE:OML) Is Carrying A Fair Bit Of Debt
Feb 05
Revenue & Expenses Breakdown
How Omni-Lite Industries Canada 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 24 | 15 | 1 | 0 | 0 |
| 31 Mar 24 | 14 | 1 | 0 | 0 |
| 31 Dec 23 | 12 | 0 | 1 | 0 |
| 30 Sep 23 | 12 | -1 | 2 | 0 |
| 30 Jun 23 | 12 | -2 | 2 | 0 |
| 31 Mar 23 | 11 | -2 | 2 | 0 |
| 31 Dec 22 | 11 | -3 | 2 | 0 |
| 30 Sep 22 | 10 | -1 | 2 | 0 |
| 30 Jun 22 | 8 | -1 | 2 | 0 |
| 31 Mar 22 | 7 | -1 | 2 | 0 |
| 31 Dec 21 | 6 | 0 | 1 | 0 |
| 30 Sep 21 | 5 | -1 | 1 | 0 |
| 30 Jun 21 | 5 | -1 | 1 | 0 |
| 31 Mar 21 | 6 | -1 | 1 | 0 |
| 31 Dec 20 | 7 | -1 | 1 | 0 |
| 30 Sep 20 | 8 | -2 | 1 | 0 |
| 30 Jun 20 | 8 | -3 | 2 | 0 |
| 31 Mar 20 | 9 | -2 | 2 | 0 |
| 31 Dec 19 | 9 | -2 | 2 | 0 |
| 30 Sep 19 | 9 | -5 | 0 | 0 |
| 30 Jun 19 | 9 | -4 | 1 | 0 |
| 31 Mar 19 | 8 | -4 | 1 | 0 |
| 31 Dec 18 | 7 | -5 | 1 | 0 |
| 30 Sep 18 | 6 | -1 | 3 | 0 |
| 30 Jun 18 | 6 | 0 | 2 | 0 |
| 31 Mar 18 | 6 | 0 | 2 | 0 |
| 31 Dec 17 | 7 | 1 | 2 | 0 |
| 30 Sep 17 | 7 | 1 | 2 | 0 |
| 30 Jun 17 | 7 | 1 | 2 | 0 |
| 31 Mar 17 | 7 | 1 | 2 | 0 |
| 31 Dec 16 | 7 | 1 | 2 | 0 |
| 30 Sep 16 | 7 | 1 | 2 | 0 |
| 30 Jun 16 | 7 | 1 | 2 | 0 |
| 31 Mar 16 | 7 | 1 | 2 | 0 |
| 31 Dec 15 | 7 | 1 | 2 | 0 |
| 30 Sep 15 | 7 | 1 | 2 | 0 |
| 30 Jun 15 | 7 | 1 | 2 | 0 |
| 31 Mar 15 | 6 | 1 | 2 | 0 |
| 31 Dec 14 | 6 | 0 | 2 | 0 |
| 30 Sep 14 | 6 | 0 | 2 | 0 |
| 30 Jun 14 | 6 | 0 | 2 | 0 |
| 31 Mar 14 | 6 | 0 | 2 | 0 |
| 31 Dec 13 | 5 | 0 | 2 | 0 |
Quality Earnings: OML has a large one-off loss of $468.6K impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: OML became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OML has become profitable over the past 5 years, growing earnings by 39% per year.
Accelerating Growth: OML has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: OML has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (33.8%).
Return on Equity
High ROE: OML's Return on Equity (7.7%) is considered low.