This company has been acquired
Optimum Ventures Past Earnings Performance
Past criteria checks 0/6
Optimum Ventures's earnings have been declining at an average annual rate of -65.6%, while the Metals and Mining industry saw earnings growing at 30.4% annually.
Key information
-65.6%
Earnings growth rate
-40.5%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | n/a |
| Return on equity | -37.6% |
| Net Margin | n/a |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
No updates
Revenue & Expenses Breakdown
How Optimum Ventures 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 Mar 23 | 0 | -2 | 1 | 0 |
| 31 Dec 22 | 0 | -2 | 1 | 0 |
| 30 Sep 22 | 0 | -2 | 1 | 0 |
| 30 Jun 22 | 0 | -2 | 1 | 0 |
| 31 Mar 22 | 0 | -1 | 1 | 0 |
| 31 Dec 21 | 0 | 0 | 0 | 0 |
| 30 Sep 21 | 0 | 0 | 0 | 0 |
| 30 Jun 21 | 0 | 0 | 0 | 0 |
| 31 Mar 21 | 0 | 0 | 0 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
| 30 Sep 20 | 0 | 0 | 0 | 0 |
| 30 Jun 20 | 0 | 0 | 0 | 0 |
| 31 Mar 20 | 0 | 0 | 0 | 0 |
| 31 Dec 19 | 0 | 0 | 0 | 0 |
| 30 Sep 19 | 0 | 0 | 0 | 0 |
| 30 Jun 19 | 0 | 0 | 0 | 0 |
| 31 Mar 19 | 0 | 0 | 0 | 0 |
Quality Earnings: OPV is currently unprofitable.
Growing Profit Margin: OPV is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OPV is unprofitable, and losses have increased over the past 5 years at a rate of 65.6% per year.
Accelerating Growth: Unable to compare OPV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OPV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22%).
Return on Equity
High ROE: OPV has a negative Return on Equity (-37.64%), as it is currently unprofitable.