Nova Net Lease REIT Past Earnings Performance
Past criteria checks 0/6
Nova Net Lease REIT's earnings have been declining at an average annual rate of -23.4%, while the REITs industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 26% per year.
Key information
-23.4%
Earnings growth rate
-7.4%
EPS growth rate
| REITs Industry Growth | 9.9% |
| Revenue growth rate | 26.0% |
| Return on equity | -7.5% |
| Net Margin | -54.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Nova Net Lease REIT 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 Sep 24 | 2 | -1 | 2 | 0 |
| 30 Jun 24 | 2 | 2 | 2 | 0 |
| 31 Mar 24 | 2 | -1 | 2 | 0 |
| 31 Dec 23 | 2 | 2 | 2 | 0 |
| 30 Sep 23 | 2 | 9 | 2 | 0 |
| 30 Jun 23 | 2 | 7 | 2 | 0 |
| 31 Mar 23 | 2 | 8 | 3 | 0 |
| 31 Dec 22 | 2 | 8 | 3 | 0 |
| 31 Dec 21 | 0 | -1 | 1 | 0 |
Quality Earnings: NNL.U is currently unprofitable.
Growing Profit Margin: NNL.U is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NNL.U's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare NNL.U's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NNL.U is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-1.1%).
Return on Equity
High ROE: NNL.U has a negative Return on Equity (-7.53%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 16:22 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Nova Net Lease REIT 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.
| Analyst | Institution |
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