Novatech Industries Past Earnings Performance
Past criteria checks 3/6
Novatech Industries has been growing earnings at an average annual rate of 29.4%, while the Electronic industry saw earnings growing at 20.2% annually. Revenues have been growing at an average rate of 12.6% per year. Novatech Industries's return on equity is 20.5%, and it has net margins of 3.2%.
Key information
29.4%
Earnings growth rate
29.5%
EPS growth rate
| Electronic Industry Growth | 15.5% |
| Revenue growth rate | 12.6% |
| Return on equity | 20.5% |
| Net Margin | 3.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
We Like These Underlying Return On Capital Trends At Novatech Industries (EPA:MLNOV)
Sep 02
Novatech Industries (EPA:MLNOV) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Jul 29Novatech Industries' (EPA:MLNOV) 45% Share Price Surge Not Quite Adding Up
Jun 14Novatech Industries' (EPA:MLNOV) 45% Price Boost Is Out Of Tune With Revenues
Jun 14We Like These Underlying Return On Capital Trends At Novatech Industries (EPA:MLNOV)
Jun 11There's Been No Shortage Of Growth Recently For Novatech Industries' (EPA:MLNOV) Returns On Capital
Feb 25Revenue & Expenses Breakdown
How Novatech Industries 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 | 65 | 2 | 15 | 0 |
| 31 Dec 22 | 51 | 0 | 13 | 0 |
| 31 Dec 21 | 48 | 2 | 12 | 0 |
| 31 Dec 20 | 44 | 0 | 11 | 0 |
Quality Earnings: MLNOV has high quality earnings.
Growing Profit Margin: MLNOV became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MLNOV's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: MLNOV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MLNOV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-38.7%).
Return on Equity
High ROE: MLNOV's Return on Equity (20.5%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 18:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2023/12/31 |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Novatech Industries 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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