City of London Investment Trust Past Earnings Performance
Past criteria checks 5/6
City of London Investment Trust has been growing earnings at an average annual rate of 22.5%, while the Capital Markets industry saw earnings growing at 13.4% annually. Revenues have been growing at an average rate of 21.3% per year. City of London Investment Trust's return on equity is 6.3%, and it has net margins of 90.5%.
Key information
22.5%
Earnings growth rate
20.5%
EPS growth rate
| Capital Markets Industry Growth | 15.2% |
| Revenue growth rate | 21.3% |
| Return on equity | 6.3% |
| Net Margin | 90.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How City of London 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 |
|---|---|---|---|---|
| 31 Dec 23 | 141 | 127 | 7 | 0 |
| 30 Sep 23 | 108 | 94 | 7 | 0 |
| 30 Jun 23 | 75 | 61 | 7 | 0 |
| 31 Mar 23 | 68 | 55 | 7 | 0 |
| 31 Dec 22 | 62 | 49 | 7 | 0 |
| 30 Sep 22 | 87 | 74 | 7 | 0 |
| 30 Jun 22 | 112 | 99 | 7 | 0 |
| 31 Mar 22 | 206 | 194 | 6 | 0 |
| 31 Dec 21 | 300 | 288 | 6 | 0 |
| 30 Sep 21 | 289 | 277 | 6 | 0 |
| 30 Jun 21 | 278 | 266 | 6 | 0 |
| 31 Mar 21 | 27 | 15 | 5 | 0 |
| 31 Dec 20 | -223 | -236 | 5 | 0 |
| 30 Sep 20 | -223 | -237 | 5 | 0 |
| 30 Jun 20 | -223 | -237 | 6 | 0 |
| 31 Mar 20 | 42 | 28 | 6 | 0 |
| 31 Dec 19 | 307 | 293 | 6 | 0 |
| 30 Sep 19 | 182 | 168 | 6 | 0 |
| 30 Jun 19 | 57 | 43 | 6 | 0 |
| 31 Mar 19 | -43 | -57 | 6 | 0 |
| 31 Dec 18 | -143 | -157 | 6 | 0 |
| 30 Sep 18 | -20 | -34 | 6 | 0 |
| 30 Jun 18 | 102 | 89 | 6 | 0 |
| 31 Mar 18 | 144 | 130 | 6 | 0 |
| 31 Dec 17 | 185 | 172 | 6 | 0 |
| 30 Sep 17 | 191 | 179 | 6 | 0 |
| 30 Jun 17 | 197 | 185 | 6 | 0 |
| 31 Mar 17 | 166 | 154 | 5 | 0 |
| 31 Dec 16 | 135 | 122 | 5 | 0 |
| 30 Sep 16 | 92 | 80 | 5 | 0 |
| 30 Jun 16 | 50 | 38 | 5 | 0 |
| 31 Mar 16 | 63 | 51 | 5 | 0 |
| 31 Dec 15 | 75 | 64 | 5 | 0 |
| 30 Sep 15 | 79 | 68 | 5 | 0 |
| 30 Jun 15 | 82 | 71 | 5 | 0 |
| 31 Mar 15 | 74 | 63 | 5 | 0 |
| 31 Dec 14 | 66 | 55 | 4 | 0 |
| 30 Sep 14 | 102 | 92 | 4 | 0 |
| 30 Jun 14 | 139 | 129 | 4 | 0 |
| 31 Mar 14 | 172 | 162 | 4 | 0 |
| 31 Dec 13 | 205 | 196 | 4 | 0 |
| 30 Sep 13 | 186 | 177 | 4 | 0 |
| 30 Jun 13 | 167 | 159 | 3 | 0 |
Quality Earnings: CLN has high quality earnings.
Growing Profit Margin: CLN's current net profit margins (90.5%) are higher than last year (79.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CLN has become profitable over the past 5 years, growing earnings by 22.5% per year.
Accelerating Growth: CLN's earnings growth over the past year (160.4%) exceeds its 5-year average (22.5% per year).
Earnings vs Industry: CLN earnings growth over the past year (160.4%) exceeded the Capital Markets industry -7.1%.
Return on Equity
High ROE: CLN's Return on Equity (6.3%) is considered low.