Icelandic Salmon Past Earnings Performance
Past criteria checks 2/6
Icelandic Salmon has been growing earnings at an average annual rate of 52.4%, while the Food industry saw earnings growing at 14.8% annually. Revenues have been growing at an average rate of 35.2% per year. Icelandic Salmon's return on equity is 5.6%, and it has net margins of 5.3%.
Key information
52.4%
Earnings growth rate
51.8%
EPS growth rate
| Food Industry Growth | 9.9% |
| Revenue growth rate | 35.2% |
| Return on equity | 5.6% |
| Net Margin | 5.3% |
| Next Earnings Update | 20 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Icelandic Salmon 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 | 163 | 9 | 20 | 0 |
| 30 Sep 23 | 159 | 17 | 19 | 0 |
| 30 Jun 23 | 157 | 26 | 19 | 0 |
| 31 Mar 23 | 157 | 30 | 18 | 0 |
| 31 Dec 22 | 156 | 35 | 17 | 0 |
| 30 Sep 22 | 142 | 28 | 16 | 0 |
| 30 Jun 22 | 127 | 20 | 15 | 0 |
| 31 Mar 22 | 109 | 11 | 13 | 0 |
| 31 Dec 21 | 91 | 2 | 12 | 0 |
| 30 Sep 21 | 76 | 4 | 12 | 0 |
| 30 Jun 21 | 62 | 6 | 11 | 0 |
| 31 Mar 21 | 62 | 2 | 10 | 0 |
| 31 Dec 20 | 62 | -2 | 10 | 0 |
| 31 Dec 19 | 67 | 2 | 10 | 0 |
Quality Earnings: I6X has high quality earnings.
Growing Profit Margin: I6X's current net profit margins (5.3%) are lower than last year (22.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: I6X's earnings have grown significantly by 52.4% per year over the past 5 years.
Accelerating Growth: I6X's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: I6X had negative earnings growth (-75.5%) over the past year, making it difficult to compare to the Food industry average (40.1%).
Return on Equity
High ROE: I6X's Return on Equity (5.6%) is considered low.