Altima Energy Past Earnings Performance

Past criteria checks 0/6

Altima Energy's earnings have been declining at an average annual rate of -14.5%, while the Oil and Gas industry saw earnings growing at 39.4% annually. Revenues have been growing at an average rate of 42.2% per year.

Key information

-14.5%

Earnings growth rate

-8.8%

EPS growth rate

Oil and Gas Industry Growth42.1%
Revenue growth rate42.2%
Return on equityn/a
Net Margin-47.1%
Last Earnings Update31 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Altima Energy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:ARH Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Aug 243-220
31 May 243-220
29 Feb 243-220
30 Nov 232010
31 Aug 232010
31 May 231-110
28 Feb 231010
30 Nov 221-410
31 Aug 222-410
31 May 222-410
28 Feb 222-410
30 Nov 212-110
31 Aug 212-210
31 May 211-210
28 Feb 211-110
30 Nov 201010
31 Aug 200010
31 May 200000
29 Feb 200-100
30 Nov 190-100
31 Aug 190000
31 May 190000
28 Feb 190000
30 Nov 180100
31 Aug 180100
31 May 180500
28 Feb 180500
30 Nov 170400
31 Aug 170-1120
31 May 170-1620
28 Feb 170-1620
30 Nov 160-1620
31 Aug 160-1110
31 May 160-1110
29 Feb 160-1110
30 Nov 151-1110
31 Aug 151-110
31 May 151-110
28 Feb 151-110
30 Nov 142-110
31 Aug 141-210
31 May 141-210
28 Feb 141-210

Quality Earnings: ARH is currently unprofitable.

Growing Profit Margin: ARH is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ARH is unprofitable, and losses have increased over the past 5 years at a rate of 14.5% per year.

Accelerating Growth: Unable to compare ARH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ARH is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-20.2%).


Return on Equity

High ROE: ARH's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 06:49
End of Day Share Price 2024/12/19 00:00
Earnings2024/08/31
Annual Earnings2024/02/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Altima Energy Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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