Cadence Opportunities Fund Past Earnings Performance
Past criteria checks 2/6
Cadence Opportunities Fund's earnings have been declining at an average annual rate of -48.7%, while the Capital Markets industry saw earnings growing at 6.8% annually. Revenues have been declining at an average rate of 69.9% per year. Cadence Opportunities Fund's return on equity is 7.2%, and it has net margins of 53.9%.
Key information
-48.7%
Earnings growth rate
-67.7%
EPS growth rate
| Capital Markets Industry Growth | 6.6% |
| Revenue growth rate | -69.9% |
| Return on equity | 7.2% |
| Net Margin | 53.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Revenue & Expenses Breakdown
How Cadence Opportunities Fund 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 | 4 | 2 | 1 | 0 |
| 31 Mar 24 | 2 | 1 | 1 | 0 |
| 31 Dec 23 | 0 | -1 | 1 | 0 |
| 30 Sep 23 | 0 | -1 | 1 | 0 |
| 30 Jun 23 | -1 | -1 | 1 | 0 |
| 31 Mar 23 | -3 | -2 | 1 | 0 |
| 31 Dec 22 | -4 | -3 | 0 | 0 |
| 30 Sep 22 | -3 | -2 | 1 | 0 |
| 30 Jun 22 | -1 | -2 | 1 | 0 |
| 31 Mar 22 | 4 | 2 | 2 | 0 |
| 31 Dec 21 | 10 | 5 | 2 | 0 |
| 30 Sep 21 | 10 | 5 | 2 | 0 |
| 30 Jun 21 | 10 | 6 | 2 | 0 |
| 30 Jun 20 | 3 | 2 | 1 | 0 |
Quality Earnings: CDO has high quality earnings.
Growing Profit Margin: CDO became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CDO's earnings have declined by 48.7% per year over the past 5 years.
Accelerating Growth: CDO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CDO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (15.6%).
Return on Equity
High ROE: CDO's Return on Equity (7.2%) is considered low.