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H2O Innovation Past Earnings Performance
Past criteria checks 0/6
H2O Innovation has been growing earnings at an average annual rate of 44.5%, while the Machinery industry saw earnings growing at 9.9% annually. Revenues have been growing at an average rate of 18.5% per year.
Key information
44.5%
Earnings growth rate
50.4%
EPS growth rate
| Machinery Industry Growth | 16.3% |
| Revenue growth rate | 18.5% |
| Return on equity | -1.7% |
| Net Margin | -0.7% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
H2O Innovation (TSE:HEO) Has A Somewhat Strained Balance Sheet
Mar 16
H2O Innovation (TSE:HEO) Shareholders Will Want The ROCE Trajectory To Continue
Jan 26Is H2O Innovation Inc. (TSE:HEO) Trading At A 33% Discount?
Dec 22Is There Now An Opportunity In H2O Innovation Inc. (TSE:HEO)?
Oct 08H2O Innovation (TSE:HEO) Seems To Use Debt Quite Sensibly
Aug 31Getting In Cheap On H2O Innovation Inc. (TSE:HEO) Might Be Difficult
Aug 12What Is H2O Innovation Inc.'s (TSE:HEO) Share Price Doing?
May 25H2O Innovation Inc. (TSE:HEO) Shares Could Be 48% Below Their Intrinsic Value Estimate
May 10Is Now The Time To Look At Buying H2O Innovation Inc. (CVE:HEO)?
Feb 12H2O Innovation (CVE:HEO) Seems To Use Debt Quite Sensibly
Jan 22It's Unlikely That H2O Innovation Inc.'s (CVE:HEO) CEO Will See A Huge Pay Rise This Year
Dec 02H2O Innovation (CVE:HEO) Is Experiencing Growth In Returns On Capital
Nov 13At CA$2.77, Is It Time To Put H2O Innovation Inc. (CVE:HEO) On Your Watch List?
Aug 17H2O Innovation's (CVE:HEO) Returns On Capital Are Heading Higher
Jul 27Does H2O Innovation (CVE:HEO) Have A Healthy Balance Sheet?
May 20We Think H2O Innovation's (CVE:HEO) Profit Is Only A Baseline For What They Can Achieve
May 20Is There Now An Opportunity In H2O Innovation Inc. (CVE:HEO)?
May 02There's Been No Shortage Of Growth Recently For H2O Innovation's (CVE:HEO) Returns On Capital
Mar 26H2O Innovation Inc.'s (CVE:HEO) Has Found A Path To Profitability
Mar 08Are H2O Innovation Inc. (CVE:HEO) Investors Paying Above The Intrinsic Value?
Feb 18We Think H2O Innovation (CVE:HEO) Can Stay On Top Of Its Debt
Feb 01Is It Time To Consider Buying H2O Innovation Inc. (CVE:HEO)?
Jan 10Shareholders Are Thrilled That The H2O Innovation (CVE:HEO) Share Price Increased 102%
Dec 28Trade Alert: The Independent Vice Chairman of the Board Of H2O Innovation Inc. (CVE:HEO), Richard Hoel, Has Sold Some Shares Recently
Dec 16
Will the Promising Trends At H2O Innovation (CVE:HEO) Continue?
Dec 09Does H2O Innovation's (CVE:HEO) CEO Salary Compare Well With The Performance Of The Company?
Nov 26Revenue & Expenses Breakdown
How H2O Innovation 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 Sep 23 | 256 | -2 | 46 | 0 |
| 30 Jun 23 | 253 | -1 | 44 | 0 |
| 31 Mar 23 | 240 | 3 | 41 | 0 |
| 31 Dec 22 | 224 | 4 | 39 | 0 |
| 30 Sep 22 | 202 | 4 | 35 | 0 |
| 30 Jun 22 | 184 | 5 | 33 | 0 |
| 31 Mar 22 | 168 | 3 | 31 | 0 |
| 31 Dec 21 | 155 | 3 | 28 | 0 |
| 30 Sep 21 | 148 | 3 | 26 | 0 |
| 30 Jun 21 | 144 | 3 | 25 | 0 |
| 31 Mar 21 | 145 | 4 | 25 | 0 |
| 31 Dec 20 | 142 | -1 | 25 | 0 |
| 30 Sep 20 | 140 | -2 | 25 | 0 |
| 30 Jun 20 | 134 | -4 | 24 | 0 |
| 31 Mar 20 | 130 | -6 | 23 | 0 |
| 31 Dec 19 | 126 | -3 | 22 | 0 |
| 30 Sep 19 | 122 | -3 | 21 | 0 |
| 30 Jun 19 | 118 | -2 | 20 | 0 |
| 31 Mar 19 | 111 | -2 | 20 | 0 |
| 31 Dec 18 | 105 | -3 | 19 | 0 |
| 30 Sep 18 | 101 | -3 | 19 | 0 |
| 30 Jun 18 | 100 | -3 | 19 | 0 |
| 31 Mar 18 | 99 | -4 | 19 | 0 |
| 31 Dec 17 | 94 | -6 | 19 | 0 |
| 30 Sep 17 | 88 | -5 | 19 | 0 |
| 30 Jun 17 | 83 | -5 | 18 | 0 |
| 31 Mar 17 | 70 | -4 | 16 | 0 |
| 31 Dec 16 | 63 | -2 | 15 | 0 |
| 30 Sep 16 | 56 | -1 | 14 | 0 |
| 30 Jun 16 | 51 | 0 | 13 | 0 |
| 31 Mar 16 | 51 | 1 | 12 | 0 |
| 31 Dec 15 | 49 | 0 | 12 | 0 |
| 30 Sep 15 | 50 | 0 | 11 | 0 |
| 30 Jun 15 | 49 | 0 | 10 | 0 |
| 31 Mar 15 | 45 | 0 | 10 | 0 |
| 31 Dec 14 | 43 | 0 | 9 | 0 |
| 30 Sep 14 | 38 | -1 | 9 | 0 |
| 30 Jun 14 | 35 | -1 | 9 | 0 |
| 31 Mar 14 | 34 | -2 | 9 | 0 |
| 31 Dec 13 | 34 | -1 | 8 | 0 |
| 30 Sep 13 | 34 | 0 | 8 | 0 |
| 30 Jun 13 | 36 | 0 | 8 | 0 |
| 31 Mar 13 | 41 | 2 | 8 | 0 |
| 31 Dec 12 | 41 | -6 | 8 | 0 |
Quality Earnings: HEO is currently unprofitable.
Growing Profit Margin: HEO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HEO is unprofitable, but has reduced losses over the past 5 years at a rate of 44.5% per year.
Accelerating Growth: Unable to compare HEO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HEO is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (23.5%).
Return on Equity
High ROE: HEO has a negative Return on Equity (-1.71%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/12 07:46 |
| End of Day Share Price | 2023/12/11 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2023/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
H2O Innovation Inc. is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nick Corcoran | Acumen Capital Finance Partners Limited |
| Gabriel Leung | Beacon Securities Limited |
| Yuri Lynk | Canaccord Genuity |