Harmony Energy Income Trust Past Earnings Performance
Past criteria checks 0/6
Harmony Energy Income Trust's earnings have been declining at an average annual rate of -281.4%, while the Capital Markets industry saw earnings growing at 8.3% annually. Revenues have been declining at an average rate of 233.6% per year.
Key information
-281.4%
Earnings growth rate
-277.7%
EPS growth rate
| Capital Markets Industry Growth | 16.3% |
| Revenue growth rate | -233.6% |
| Return on equity | -13.3% |
| Net Margin | 110.6% |
| Last Earnings Update | 30 Apr 2024 |
Revenue & Expenses Breakdown
How Harmony Energy Income 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 |
|---|---|---|---|---|
| 30 Apr 24 | -26 | -29 | 3 | 0 |
| 31 Jan 24 | -10 | -13 | 3 | 0 |
| 31 Oct 23 | 7 | 3 | 3 | 0 |
| 30 Apr 23 | 20 | 16 | 4 | 0 |
| 31 Oct 22 | 48 | 45 | 3 | 0 |
Quality Earnings: HEIT is currently unprofitable.
Growing Profit Margin: HEIT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if HEIT's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare HEIT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HEIT is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.5%).
Return on Equity
High ROE: HEIT has a negative Return on Equity (-13.31%), as it is currently unprofitable.