MINT Income Fund Past Earnings Performance

Past criteria checks 2/6

MINT Income Fund has been growing earnings at an average annual rate of 30.9%, while the Capital Markets industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 26.7% per year. MINT Income Fund's return on equity is 2.4%, and it has net margins of 40.7%.

Key information

30.9%

Earnings growth rate

30.7%

EPS growth rate

Capital Markets Industry Growth12.1%
Revenue growth rate26.7%
Return on equity2.4%
Net Margin40.7%
Last Earnings Update31 Dec 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown
Beta

How MINT Income Fund makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:MID.UN Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 234210
30 Sep 237520
30 Jun 239720
31 Mar 239820
31 Dec 2210820
30 Sep 2211920
30 Jun 22121010
31 Mar 22191710
31 Dec 21272510
30 Sep 21272510
30 Jun 21272510
31 Mar 2110910
31 Dec 20-6-820
30 Sep 20-7-920
30 Jun 20-8-1020
31 Mar 207420
31 Dec 19211820
30 Sep 197420
30 Jun 19-7-1020
31 Mar 19-9-1230
31 Dec 18-10-1430
30 Sep 1812730
30 Jun 18342930
31 Mar 18241930
31 Dec 1714930
30 Sep 176230
30 Jun 17-2-530
31 Mar 175320
31 Dec 16131120
30 Sep 163120
30 Jun 16-7-820
31 Mar 16-11-1120
31 Dec 15-15-1430
30 Sep 15-37-3630
30 Jun 15-58-5840
31 Mar 15-36-3750
31 Dec 14-13-1760
30 Sep 14282350
30 Jun 14706450
31 Mar 14534840
31 Dec 13363130
30 Sep 13232230
30 Jun 13111320

Quality Earnings: MID.UN has high quality earnings.

Growing Profit Margin: MID.UN's current net profit margins (40.7%) are lower than last year (80.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MID.UN has become profitable over the past 5 years, growing earnings by 30.9% per year.

Accelerating Growth: MID.UN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MID.UN had negative earnings growth (-78.3%) over the past year, making it difficult to compare to the Capital Markets industry average (7.2%).


Return on Equity

High ROE: MID.UN's Return on Equity (2.4%) is considered low.


Return on Assets


Return on Capital Employed

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