Minto Apartment Real Estate Investment Trust Past Earnings Performance
Past criteria checks 0/6
Minto Apartment Real Estate Investment Trust's earnings have been declining at an average annual rate of -32.4%, while the Residential REITs industry saw earnings declining at 8.1% annually. Revenues have been growing at an average rate of 8.3% per year.
Key information
-32.4%
Earnings growth rate
-33.6%
EPS growth rate
| Residential REITs Industry Growth | 2.5% |
| Revenue growth rate | 8.3% |
| Return on equity | -10.2% |
| Net Margin | -66.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Minto Apartment Real Estate Investment Trust 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 | 158 | -105 | 12 | 0 |
| 30 Jun 24 | 158 | -35 | 10 | 0 |
| 31 Mar 24 | 158 | -111 | 11 | 0 |
| 31 Dec 23 | 158 | -117 | 11 | 0 |
| 30 Sep 23 | 156 | -72 | 10 | 0 |
| 30 Jun 23 | 154 | -60 | 10 | 0 |
| 31 Mar 23 | 150 | 167 | 8 | 0 |
| 31 Dec 22 | 144 | 225 | 7 | 0 |
| 30 Sep 22 | 138 | 283 | 6 | 0 |
| 30 Jun 22 | 132 | 324 | 6 | 0 |
| 31 Mar 22 | 126 | 149 | 8 | 0 |
| 31 Dec 21 | 124 | 94 | 8 | 0 |
| 30 Sep 21 | 122 | 92 | 8 | 0 |
| 30 Jun 21 | 122 | 68 | 8 | 0 |
| 31 Mar 21 | 123 | 71 | 7 | 0 |
| 31 Dec 20 | 125 | 180 | 6 | 0 |
| 30 Sep 20 | 124 | 176 | 6 | 0 |
| 30 Jun 20 | 120 | 90 | 7 | 0 |
| 31 Mar 20 | 114 | 127 | 6 | 0 |
| 31 Dec 19 | 104 | 20 | 6 | 0 |
| 31 Mar 19 | 87 | 72 | 5 | 0 |
| 31 Dec 18 | 85 | 99 | 5 | 0 |
| 31 Mar 18 | 80 | 77 | 4 | 0 |
| 31 Dec 17 | 79 | 69 | 4 | 0 |
| 31 Dec 16 | 75 | 18 | 4 | 0 |
| 31 Dec 15 | 70 | 33 | 4 | 0 |
Quality Earnings: MI.UN is currently unprofitable.
Growing Profit Margin: MI.UN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MI.UN is unprofitable, and losses have increased over the past 5 years at a rate of 32.4% per year.
Accelerating Growth: Unable to compare MI.UN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MI.UN is unprofitable, making it difficult to compare its past year earnings growth to the Residential REITs industry (16.7%).
Return on Equity
High ROE: MI.UN has a negative Return on Equity (-10.16%), as it is currently unprofitable.