Magnetic North Acquisition Past Earnings Performance
Past criteria checks 0/6
Magnetic North Acquisition's earnings have been declining at an average annual rate of -14.4%, while the Capital Markets industry saw earnings growing at 7.4% annually. Revenues have been declining at an average rate of 102.3% per year.
Key information
-14.4%
Earnings growth rate
-0.0004%
EPS growth rate
| Capital Markets Industry Growth | 12.1% |
| Revenue growth rate | -102.3% |
| Return on equity | n/a |
| Net Margin | 287.9% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Magnetic North Acquisition 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 | -3 | -10 | 1 | 0 |
| 30 Jun 23 | -3 | -5 | 1 | 0 |
| 31 Mar 23 | -4 | -6 | 1 | 0 |
| 31 Dec 22 | -4 | -6 | 2 | 0 |
| 30 Sep 22 | -1 | 2 | 2 | 0 |
| 30 Jun 22 | -1 | -3 | 2 | 0 |
| 31 Mar 22 | -1 | -3 | 2 | 0 |
| 31 Dec 21 | -1 | -3 | 2 | 0 |
| 30 Sep 21 | 0 | -12 | 5 | 0 |
| 30 Jun 21 | 0 | -12 | 5 | 0 |
| 31 Mar 21 | 0 | -13 | 5 | 0 |
| 31 Dec 20 | 0 | -13 | 5 | 0 |
| 30 Sep 20 | 0 | -1 | 2 | 0 |
| 30 Jun 20 | 0 | -1 | 1 | 0 |
| 31 Mar 20 | 0 | -1 | 1 | 0 |
| 31 Dec 19 | 0 | -1 | 0 | 0 |
Quality Earnings: MNC is currently unprofitable.
Growing Profit Margin: MNC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MNC is unprofitable, and losses have increased over the past 5 years at a rate of 14.4% per year.
Accelerating Growth: Unable to compare MNC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MNC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (7.2%).
Return on Equity
High ROE: MNC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.