Northern Ocean Past Earnings Performance
Past criteria checks 0/6
Northern Ocean's earnings have been declining at an average annual rate of -42.4%, while the Energy Services industry saw earnings growing at 25.5% annually. Revenues have been declining at an average rate of 54.8% per year.
Key information
-42.4%
Earnings growth rate
62.5%
EPS growth rate
| Energy Services Industry Growth | 1.7% |
| Revenue growth rate | -54.8% |
| Return on equity | -2.8% |
| Net Margin | -32.2% |
| Next Earnings Update | 26 Aug 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Northern Ocean 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 Mar 22 | 43 | -14 | 16 | 0 |
| 31 Dec 21 | 58 | -11 | 16 | 0 |
| 30 Sep 21 | 67 | -70 | 14 | 0 |
| 30 Jun 21 | 84 | -52 | 7 | 0 |
| 31 Mar 21 | 96 | -33 | 5 | 0 |
| 31 Dec 20 | 87 | -37 | 4 | 0 |
| 30 Sep 20 | 72 | -36 | 5 | 0 |
| 30 Jun 20 | 52 | -28 | 3 | 0 |
| 31 Dec 19 | 12 | -8 | 1 | 0 |
| 30 Sep 19 | 0 | -2 | 0 | 0 |
Quality Earnings: NOLO is currently unprofitable.
Growing Profit Margin: NOLO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NOLO is unprofitable, and losses have increased over the past 5 years at a rate of 42.4% per year.
Accelerating Growth: Unable to compare NOLO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NOLO is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (38.2%).
Return on Equity
High ROE: NOLO has a negative Return on Equity (-2.77%), as it is currently unprofitable.