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 19.2% 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 (-33.6%).
Return on Equity
High ROE: MLNOV's Return on Equity (20.5%) is considered high.