Western Investment Company of Canada Past Earnings Performance
Past criteria checks 2/6
Western Investment Company of Canada has been growing earnings at an average annual rate of 2.1%, while the Capital Markets industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 34.3% per year. Western Investment Company of Canada's return on equity is 1.6%, and it has net margins of 10%.
Key information
2.1%
Earnings growth rate
2.2%
EPS growth rate
| Capital Markets Industry Growth | 12.1% |
| Revenue growth rate | 34.3% |
| Return on equity | 1.6% |
| Net Margin | 10.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Western Investment Company of Canada 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 | 2 | 0 | 1 | 0 |
| 30 Sep 23 | 3 | 1 | 1 | 0 |
| 30 Jun 23 | 3 | 1 | 1 | 0 |
| 31 Mar 23 | 2 | 1 | 1 | 0 |
| 31 Dec 22 | 1 | 0 | 1 | 0 |
| 30 Sep 22 | 0 | -2 | 1 | 0 |
| 30 Jun 22 | 0 | -2 | 1 | 0 |
| 31 Mar 22 | 1 | -1 | 1 | 0 |
| 31 Dec 21 | 1 | -1 | 1 | 0 |
| 30 Sep 21 | 2 | 0 | 1 | 0 |
| 30 Jun 21 | 2 | 0 | 1 | 0 |
| 31 Mar 21 | 1 | 0 | 1 | 0 |
| 31 Dec 20 | -2 | -3 | 1 | 0 |
| 30 Sep 20 | -3 | -3 | 1 | 0 |
| 30 Jun 20 | -3 | -3 | 1 | 0 |
| 31 Mar 20 | -3 | -3 | 1 | 0 |
| 31 Dec 19 | 1 | 1 | 1 | 0 |
| 30 Sep 19 | 1 | 1 | 1 | 0 |
| 30 Jun 19 | 1 | 1 | 1 | 0 |
| 31 Mar 19 | 0 | 1 | 1 | 0 |
| 31 Dec 18 | 0 | 1 | 1 | 0 |
| 30 Sep 18 | 0 | 1 | 1 | 0 |
| 30 Jun 18 | 0 | 0 | 1 | 0 |
| 31 Mar 18 | 0 | 0 | 1 | 0 |
| 31 Dec 17 | 0 | 0 | 1 | 0 |
| 30 Sep 17 | 0 | -1 | 1 | 0 |
| 30 Jun 17 | 0 | -1 | 0 | 0 |
| 31 Mar 17 | 0 | -1 | 0 | 0 |
| 31 Dec 16 | 0 | -2 | 1 | 0 |
Quality Earnings: WI has a large one-off loss of CA$205.6K impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: WI became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WI has become profitable over the past 5 years, growing earnings by 2.1% per year.
Accelerating Growth: WI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (6.1%).
Return on Equity
High ROE: WI's Return on Equity (1.6%) is considered low.