Comet Industries Past Earnings Performance
Past criteria checks 3/6
Comet Industries has been growing earnings at an average annual rate of 87.8%, while the Real Estate industry saw earnings growing at 11.7% annually. Revenues have been declining at an average rate of 3.3% per year. Comet Industries's return on equity is 80.6%, and it has net margins of 4541.3%.
Key information
87.8%
Earnings growth rate
87.7%
EPS growth rate
| Real Estate Industry Growth | 20.4% |
| Revenue growth rate | -3.3% |
| Return on equity | 80.6% |
| Net Margin | 4,541.3% |
| Last Earnings Update | 30 Apr 2024 |
Revenue & Expenses Breakdown
How Comet Industries 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 Apr 24 | 0 | 8 | 0 | 0 |
| 31 Jan 24 | 0 | 8 | 1 | 0 |
| 31 Oct 23 | 0 | 9 | 1 | 0 |
| 31 Jul 23 | 1 | 0 | 1 | 0 |
| 30 Apr 23 | 1 | 0 | 1 | 0 |
| 31 Jan 23 | 1 | 0 | 0 | 0 |
| 31 Oct 22 | 1 | 0 | 0 | 0 |
| 31 Jul 22 | 1 | 0 | 0 | 0 |
| 30 Apr 22 | 0 | 0 | 0 | 0 |
| 31 Jan 22 | 0 | 0 | 0 | 0 |
| 31 Oct 21 | 0 | 0 | 0 | 0 |
| 31 Jul 21 | 0 | 0 | 0 | 0 |
| 30 Apr 21 | 0 | 0 | 0 | 0 |
| 31 Jan 21 | 0 | 0 | 0 | 0 |
| 31 Oct 20 | 0 | 0 | 0 | 0 |
| 31 Jul 20 | 0 | 0 | 0 | 0 |
| 30 Apr 20 | 0 | 0 | 0 | 0 |
| 31 Jan 20 | 1 | 0 | 0 | 0 |
| 31 Oct 19 | 1 | 0 | 0 | 0 |
| 31 Jul 19 | 1 | 0 | 0 | 0 |
| 30 Apr 19 | 1 | 0 | 0 | 0 |
| 31 Jan 19 | 1 | 0 | 0 | 0 |
| 31 Oct 18 | 1 | 0 | 0 | 0 |
| 31 Jul 18 | 1 | 0 | 0 | 0 |
| 30 Apr 18 | 1 | 0 | 0 | 0 |
| 31 Jan 18 | 1 | 0 | 0 | 0 |
| 31 Oct 17 | 1 | 0 | 0 | 0 |
| 31 Jul 17 | 0 | 0 | 0 | 0 |
| 30 Apr 17 | 0 | 0 | 0 | 0 |
| 31 Jan 17 | 0 | 0 | 0 | 0 |
| 31 Oct 16 | 0 | 0 | 0 | 0 |
| 31 Jul 16 | 1 | 0 | 0 | 0 |
| 30 Apr 16 | 1 | 0 | 0 | 0 |
| 31 Jan 16 | 1 | 0 | 0 | 0 |
| 31 Oct 15 | 1 | 0 | 0 | 0 |
| 31 Jul 15 | 0 | 0 | 0 | 0 |
| 30 Apr 15 | 0 | 0 | 0 | 0 |
| 31 Jan 15 | 0 | 0 | 0 | 0 |
| 31 Oct 14 | 0 | 0 | 0 | 0 |
| 31 Jul 14 | 0 | 0 | 0 | 0 |
| 30 Apr 14 | 0 | 0 | 0 | 0 |
| 31 Jan 14 | 0 | 0 | 0 | 0 |
| 31 Oct 13 | 0 | 0 | 0 | 0 |
Quality Earnings: CMU has a high level of non-cash earnings.
Growing Profit Margin: CMU became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CMU's earnings have grown significantly by 87.8% per year over the past 5 years.
Accelerating Growth: CMU has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CMU has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-4.9%).
Return on Equity
High ROE: CMU's Return on Equity (80.6%) is considered outstanding.