Ravensource Fund Past Earnings Performance
Past criteria checks 1/6
Ravensource Fund's earnings have been declining at an average annual rate of -21.5%, while the Capital Markets industry saw earnings growing at 7.4% annually. Revenues have been declining at an average rate of 20.7% per year. Ravensource Fund's return on equity is 10.4%, and it has net margins of 87.8%.
Key information
-21.5%
Earnings growth rate
-18.1%
EPS growth rate
| Capital Markets Industry Growth | 12.1% |
| Revenue growth rate | -20.7% |
| Return on equity | 10.4% |
| Net Margin | 87.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ravensource 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 | 3 | 2 | 0 | 0 |
| 30 Sep 23 | 2 | 1 | 0 | 0 |
| 30 Jun 23 | 1 | 0 | 0 | 0 |
| 31 Mar 23 | 0 | -1 | 0 | 0 |
| 31 Dec 22 | -1 | -3 | 0 | 0 |
| 30 Sep 22 | -1 | -3 | 0 | 0 |
| 30 Jun 22 | -1 | -2 | 1 | 0 |
| 31 Mar 22 | 1 | 0 | 1 | 0 |
| 31 Dec 21 | 3 | 3 | 1 | 0 |
| 30 Sep 21 | 3 | 3 | 1 | 0 |
| 30 Jun 21 | 3 | 3 | 1 | 0 |
| 31 Mar 21 | 0 | 0 | 1 | 0 |
| 31 Dec 20 | -3 | -3 | 1 | 0 |
| 30 Sep 20 | -2 | -3 | 1 | 0 |
| 30 Jun 20 | -2 | -3 | 1 | 0 |
| 31 Mar 20 | 0 | -1 | 1 | 0 |
| 31 Dec 19 | 1 | 1 | 1 | 0 |
| 30 Sep 19 | 3 | 2 | 1 | 0 |
| 30 Jun 19 | 4 | 3 | 1 | 0 |
| 31 Mar 19 | 5 | 4 | 1 | 0 |
| 31 Dec 18 | 6 | 4 | 1 | 0 |
| 30 Sep 18 | 5 | 4 | 1 | 0 |
| 30 Jun 18 | 4 | 3 | 1 | 0 |
| 31 Mar 18 | 3 | 3 | 1 | 0 |
| 31 Dec 17 | 2 | 2 | 0 | 0 |
| 30 Sep 17 | 2 | 1 | 0 | 0 |
| 30 Jun 17 | 1 | 1 | 0 | 0 |
| 31 Mar 17 | 2 | 1 | 0 | 0 |
| 31 Dec 16 | 2 | 2 | 0 | 0 |
| 30 Sep 16 | 2 | 2 | 0 | 0 |
| 30 Jun 16 | 2 | 2 | 1 | 0 |
| 31 Mar 16 | 3 | 2 | 0 | 0 |
| 31 Dec 15 | 3 | 3 | 0 | 0 |
| 30 Sep 15 | 1 | 1 | 0 | 0 |
| 30 Jun 15 | -2 | -1 | 0 | 0 |
| 31 Mar 15 | -1 | -1 | 0 | 0 |
| 31 Dec 14 | 0 | 0 | 0 | 0 |
| 30 Sep 14 | 3 | 2 | 1 | 0 |
| 30 Jun 14 | 7 | 5 | 2 | 0 |
| 31 Mar 14 | 6 | 5 | 1 | 0 |
| 31 Dec 13 | 5 | 4 | 1 | 0 |
| 30 Sep 13 | 3 | 3 | 1 | 0 |
| 30 Jun 13 | 3 | 3 | 1 | 0 |
Quality Earnings: RAV.UN has a high level of non-cash earnings.
Growing Profit Margin: RAV.UN became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RAV.UN's earnings have declined by 21.5% per year over the past 5 years.
Accelerating Growth: RAV.UN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RAV.UN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (7.2%).
Return on Equity
High ROE: RAV.UN's Return on Equity (10.4%) is considered low.