Comet Industries Past Earnings Performance

Past criteria checks 0/6

Comet Industries has been growing earnings at an average annual rate of 67.1%, while the Real Estate industry saw earnings growing at 15% annually. Revenues have been declining at an average rate of 11.3% per year.

Key information

67.1%

Earnings growth rate

67.0%

EPS growth rate

Real Estate Industry Growth20.4%
Revenue growth rate-11.3%
Return on equity-16.4%
Net Margin-13,546.9%
Last Earnings Update31 Oct 2024

Recent past performance updates

We Don’t Think Comet Industries' (CVE:CMU) Earnings Should Make Shareholders Too Comfortable

Jul 11
We Don’t Think Comet Industries' (CVE:CMU) Earnings Should Make Shareholders Too Comfortable

Recent updates

We Don’t Think Comet Industries' (CVE:CMU) Earnings Should Make Shareholders Too Comfortable

Jul 11
We Don’t Think Comet Industries' (CVE:CMU) Earnings Should Make Shareholders Too Comfortable

Revenue & Expenses Breakdown

How Comet Industries makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:CMU Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Oct 240-200
31 Jul 240800
30 Apr 240800
31 Jan 240810
31 Oct 230910
31 Jul 231010
30 Apr 231010
31 Jan 231000
31 Oct 221000
31 Jul 221000
30 Apr 220000
31 Jan 220000
31 Oct 210000
31 Jul 210000
30 Apr 210000
31 Jan 210000
31 Oct 200000
31 Jul 200000
30 Apr 200000
31 Jan 201000
31 Oct 191000
31 Jul 191000
30 Apr 191000
31 Jan 191000
31 Oct 181000
31 Jul 181000
30 Apr 181000
31 Jan 181000
31 Oct 171000
31 Jul 170000
30 Apr 170000
31 Jan 170000
31 Oct 160000
31 Jul 161000
30 Apr 161000
31 Jan 161000
31 Oct 151000
31 Jul 150000
30 Apr 150000
31 Jan 150000
31 Oct 140000
31 Jul 140000
30 Apr 140000
31 Jan 140000

Quality Earnings: CMU is currently unprofitable.

Growing Profit Margin: CMU is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CMU is unprofitable, but has reduced losses over the past 5 years at a rate of 67.1% per year.

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

Earnings vs Industry: CMU is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (44.8%).


Return on Equity

High ROE: CMU has a negative Return on Equity (-16.36%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 20:13
End of Day Share Price 2024/12/04 00:00
Earnings2024/10/31
Annual Earnings2024/01/31

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Comet Industries Ltd. 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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