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Nova Cannabis Past Earnings Performance
Past criteria checks 2/6
Nova Cannabis has been growing earnings at an average annual rate of 25.6%, while the Specialty Retail industry saw earnings growing at 10.5% annually. Revenues have been growing at an average rate of 30.4% per year. Nova Cannabis's return on equity is 5.3%, and it has net margins of 1.1%.
Key information
25.64%
Earnings growth rate
49.40%
EPS growth rate
Specialty Retail Industry Growth
4.13%
Revenue growth rate
30.39%
Return on equity
5.31%
Net Margin
1.14%
Last Earnings Update
30 Jun 2024
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Nova Cannabis makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
DB:2LK Revenue, expenses and earnings (CAD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
30 Jun 24
269
3
44
0
31 Mar 24
263
3
41
0
31 Dec 23
259
3
39
0
30 Sep 23
253
-2
39
0
30 Jun 23
244
-6
40
0
31 Mar 23
237
-8
38
0
31 Dec 22
226
-11
36
0
30 Sep 22
213
-12
34
0
30 Jun 22
192
-16
31
0
31 Mar 22
166
-22
31
0
31 Dec 21
134
-21
27
0
30 Sep 21
104
-19
24
0
30 Jun 21
81
-11
20
0
31 Mar 21
66
-4
16
0
31 Dec 20
63
-2
15
0
30 Sep 20
59
-3
14
0
31 Dec 19
41
-9
12
0
31 Dec 18
10
-11
11
0
Quality Earnings: 2LK has a large one-off loss of CA$3.2M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 2LK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2LK has become profitable over the past 5 years, growing earnings by 25.6% per year.
Accelerating Growth: 2LK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 2LK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (77.9%).
Return on Equity
High ROE: 2LK's Return on Equity (5.3%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2024/10/21 17:32
End of Day Share Price
2024/10/21 00:00
Earnings
2024/06/30
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.
* 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.
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 Github.
Analyst Sources
Nova Cannabis Inc. is covered by 1 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.