Forager Australian Shares Fund Past Earnings Performance
Past criteria checks 3/6
Forager Australian Shares Fund has been growing earnings at an average annual rate of 11.1%, while the Capital Markets industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 12.5% per year. Forager Australian Shares Fund's return on equity is 9.7%, and it has net margins of 89.9%.
Key information
11.1%
Earnings growth rate
11.7%
EPS growth rate
| Capital Markets Industry Growth | 6.6% |
| Revenue growth rate | 12.5% |
| Return on equity | 9.7% |
| Net Margin | 89.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Forager Australian Shares 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 |
|---|---|---|---|---|
| 31 Dec 23 | 17 | 15 | 2 | 0 |
| 30 Sep 23 | 20 | 19 | 2 | 0 |
| 30 Jun 23 | 24 | 22 | 2 | 0 |
| 31 Mar 23 | -15 | -17 | 2 | 0 |
| 31 Dec 22 | -53 | -56 | 2 | 0 |
| 30 Sep 22 | -52 | -55 | 4 | 0 |
| 30 Jun 22 | -50 | -54 | 5 | 0 |
| 31 Mar 22 | 6 | 0 | 6 | 0 |
| 31 Dec 21 | 62 | 55 | 8 | 0 |
| 30 Sep 21 | 83 | 77 | 7 | 0 |
| 30 Jun 21 | 104 | 99 | 6 | 0 |
| 31 Mar 21 | 69 | 65 | 4 | 0 |
| 31 Dec 20 | 33 | 31 | 2 | 0 |
| 30 Sep 20 | 4 | 2 | 2 | 0 |
| 30 Jun 20 | -25 | -27 | 2 | 0 |
| 31 Mar 20 | -9 | -11 | 2 | 0 |
| 31 Dec 19 | 7 | 5 | 2 | 0 |
| 30 Sep 19 | -14 | -15 | 2 | 0 |
| 30 Jun 19 | -34 | -36 | 2 | 0 |
| 31 Mar 19 | -34 | -33 | 2 | 0 |
| 31 Dec 18 | -34 | -31 | 2 | 0 |
| 30 Sep 18 | -10 | -15 | 3 | 0 |
| 30 Jun 18 | 13 | 0 | 3 | 0 |
| 31 Mar 18 | 26 | 0 | 4 | 0 |
| 31 Dec 17 | 39 | 0 | 5 | 0 |
| 30 Sep 17 | 36 | 0 | 5 | 0 |
| 30 Jun 17 | 32 | 0 | 4 | 0 |
| 31 Mar 17 | 24 | 0 | 3 | 0 |
| 31 Dec 16 | 15 | 0 | 2 | 0 |
| 30 Sep 16 | 14 | 0 | 2 | 0 |
| 30 Jun 16 | 14 | 0 | 2 | 0 |
| 30 Jun 15 | 7 | 1 | 1 | 0 |
| 30 Jun 14 | 7 | 3 | 1 | 0 |
| 30 Jun 13 | 9 | 5 | 1 | 0 |
Quality Earnings: FOR has high quality earnings.
Growing Profit Margin: FOR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FOR has become profitable over the past 5 years, growing earnings by 11.1% per year.
Accelerating Growth: FOR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FOR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-2.9%).
Return on Equity
High ROE: FOR's Return on Equity (9.7%) is considered low.