California Nanotechnologies Past Earnings Performance
Past criteria checks 4/6
California Nanotechnologies has been growing earnings at an average annual rate of 62.4%, while the Machinery industry saw earnings growing at 17.6% annually. Revenues have been growing at an average rate of 23.4% per year. California Nanotechnologies's return on equity is 194%, and it has net margins of 27.8%.
Key information
62.4%
Earnings growth rate
62.0%
EPS growth rate
| Machinery Industry Growth | 16.3% |
| Revenue growth rate | 23.4% |
| Return on equity | 194.0% |
| Net Margin | 27.8% |
| Last Earnings Update | 30 Nov 2023 |
Recent past performance updates
Recent updates
California Nanotechnologies Corp.'s (CVE:CNO) Shares Climb 32% But Its Business Is Yet to Catch Up
Apr 07
Earnings Not Telling The Story For California Nanotechnologies Corp. (CVE:CNO) After Shares Rise 29%
Jan 25Should You Be Adding California Nanotechnologies (CVE:CNO) To Your Watchlist Today?
Jan 17Subdued Growth No Barrier To California Nanotechnologies Corp.'s (CVE:CNO) Price
Jun 30Revenue & Expenses BreakdownBeta
How California Nanotechnologies 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 Nov 23 | 3 | 1 | 1 | 0 |
| 31 Aug 23 | 2 | 0 | 1 | 0 |
| 31 May 23 | 2 | 0 | 1 | 0 |
| 28 Feb 23 | 1 | 0 | 1 | 0 |
| 30 Nov 22 | 1 | 0 | 0 | 0 |
| 31 Aug 22 | 1 | 0 | 0 | 0 |
| 31 May 22 | 1 | 0 | 0 | 0 |
| 28 Feb 22 | 1 | 0 | 0 | 0 |
| 30 Nov 21 | 1 | 0 | 0 | 0 |
| 31 Aug 21 | 1 | 0 | 0 | 0 |
| 31 May 21 | 1 | 0 | 0 | 0 |
| 28 Feb 21 | 1 | 0 | 0 | 0 |
| 30 Nov 20 | 1 | 0 | 0 | 0 |
| 31 Aug 20 | 1 | 0 | 0 | 0 |
| 31 May 20 | 1 | 0 | 0 | 0 |
| 29 Feb 20 | 1 | 0 | 0 | 0 |
| 30 Nov 19 | 1 | 0 | 0 | 0 |
| 31 Aug 19 | 1 | 0 | 0 | 0 |
| 31 May 19 | 1 | 0 | 0 | 0 |
| 28 Feb 19 | 1 | 0 | 0 | 0 |
| 30 Nov 18 | 1 | 0 | 0 | 0 |
| 31 Aug 18 | 1 | 0 | 0 | 0 |
| 31 May 18 | 1 | 0 | 0 | 0 |
| 28 Feb 18 | 1 | 0 | 0 | 0 |
| 30 Nov 17 | 0 | 0 | 0 | 0 |
| 31 Aug 17 | 1 | 0 | 0 | 0 |
| 31 May 17 | 1 | 0 | 0 | 0 |
| 28 Feb 17 | 1 | 0 | 0 | 0 |
| 30 Nov 16 | 1 | 0 | 0 | 0 |
| 31 Aug 16 | 0 | 0 | 0 | 0 |
| 31 May 16 | 0 | 0 | 0 | 0 |
| 29 Feb 16 | 0 | 0 | 0 | 0 |
| 30 Nov 15 | 0 | 0 | 0 | 0 |
| 31 Aug 15 | 0 | 0 | 0 | 0 |
| 31 May 15 | 0 | 0 | 1 | 0 |
| 28 Feb 15 | 0 | 0 | 1 | 0 |
| 30 Nov 14 | 0 | 0 | 1 | 0 |
| 31 Aug 14 | 0 | 0 | 1 | 0 |
| 31 May 14 | 0 | 0 | 0 | 0 |
| 28 Feb 14 | 0 | 0 | 0 | 0 |
| 30 Nov 13 | 0 | 0 | 0 | 0 |
| 31 Aug 13 | 0 | -1 | 0 | 0 |
| 31 May 13 | 0 | -1 | 0 | 0 |
Quality Earnings: CNO has a high level of non-cash earnings.
Growing Profit Margin: CNO's current net profit margins (27.8%) are higher than last year (22.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CNO has become profitable over the past 5 years, growing earnings by 62.4% per year.
Accelerating Growth: CNO's earnings growth over the past year (121.2%) exceeds its 5-year average (62.4% per year).
Earnings vs Industry: CNO earnings growth over the past year (121.2%) exceeded the Machinery industry 11.7%.
Return on Equity
High ROE: Whilst CNO's Return on Equity (194.04%) is outstanding, this metric is skewed due to their high level of debt.