Canoe EIT Income Fund Past Earnings Performance
Past criteria checks 2/6
Canoe EIT Income Fund has been growing earnings at an average annual rate of 28%, while the Capital Markets industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 26.1% per year. Canoe EIT Income Fund's return on equity is 5.4%, and it has net margins of 71.3%.
Key information
28.0%
Earnings growth rate
24.5%
EPS growth rate
| Capital Markets Industry Growth | 12.1% |
| Revenue growth rate | 26.1% |
| Return on equity | 5.4% |
| Net Margin | 71.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Canoe EIT Income 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 | 175 | 125 | 30 | 0 |
| 30 Sep 23 | 213 | 162 | 29 | 0 |
| 30 Jun 23 | 251 | 200 | 28 | 0 |
| 31 Mar 23 | 279 | 228 | 28 | 0 |
| 31 Dec 22 | 307 | 255 | 29 | 0 |
| 30 Sep 22 | 294 | 245 | 28 | 0 |
| 30 Jun 22 | 281 | 235 | 27 | 0 |
| 31 Mar 22 | 448 | 405 | 24 | 0 |
| 31 Dec 21 | 615 | 576 | 22 | 0 |
| 30 Sep 21 | 618 | 582 | 21 | 0 |
| 30 Jun 21 | 622 | 589 | 19 | 0 |
| 31 Mar 21 | 358 | 324 | 21 | 0 |
| 31 Dec 20 | 95 | 60 | 22 | 0 |
| 30 Sep 20 | 25 | -11 | 22 | 0 |
| 30 Jun 20 | -44 | -81 | 22 | 0 |
| 31 Mar 20 | 83 | 44 | 22 | 0 |
| 31 Dec 19 | 209 | 168 | 21 | 0 |
| 30 Sep 19 | 126 | 87 | 19 | 0 |
| 30 Jun 19 | 43 | 7 | 18 | 0 |
| 31 Mar 19 | 2 | -30 | 18 | 0 |
| 31 Dec 18 | -39 | -68 | 18 | 0 |
| 30 Sep 18 | 26 | -4 | 19 | 0 |
| 30 Jun 18 | 91 | 60 | 20 | 0 |
| 31 Mar 18 | 92 | 60 | 20 | 0 |
| 31 Dec 17 | 93 | 61 | 20 | 0 |
| 30 Sep 17 | 127 | 98 | 20 | 0 |
| 30 Jun 17 | 161 | 134 | 20 | 0 |
| 31 Mar 17 | 192 | 164 | 19 | 0 |
| 31 Dec 16 | 223 | 193 | 18 | 0 |
| 30 Sep 16 | 135 | 104 | 19 | 0 |
| 30 Jun 16 | 46 | 15 | 19 | 0 |
| 31 Mar 16 | 20 | -7 | 20 | 0 |
| 31 Dec 15 | -6 | -28 | 21 | 0 |
| 30 Sep 15 | 28 | 8 | 22 | 0 |
| 30 Jun 15 | 63 | 44 | 22 | 0 |
| 31 Mar 15 | 122 | 101 | 22 | 0 |
| 31 Dec 14 | 180 | 157 | 21 | 0 |
| 30 Sep 14 | 254 | 225 | 21 | 0 |
| 30 Jun 14 | 327 | 294 | 21 | 0 |
| 31 Mar 14 | 250 | 219 | 21 | 0 |
| 31 Dec 13 | 172 | 145 | 22 | 0 |
| 30 Sep 13 | 100 | 87 | 22 | 0 |
| 30 Jun 13 | 28 | 30 | 22 | 0 |
Quality Earnings: EIT.PRA has high quality earnings.
Growing Profit Margin: EIT.PRA's current net profit margins (71.3%) are lower than last year (83.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EIT.PRA has become profitable over the past 5 years, growing earnings by 28% per year.
Accelerating Growth: EIT.PRA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EIT.PRA had negative earnings growth (-51.2%) over the past year, making it difficult to compare to the Capital Markets industry average (7.2%).
Return on Equity
High ROE: EIT.PRA's Return on Equity (5.4%) is considered low.