Norse Atlantic Past Earnings Performance
Past criteria checks 0/6
Norse Atlantic's earnings have been declining at an average annual rate of -30.4%, while the Airlines industry saw earnings growing at 43.2% annually. Revenues have been growing at an average rate of 83.1% per year.
Key information
-30.4%
Earnings growth rate
15.4%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | 83.1% |
| Return on equity | n/a |
| Net Margin | -29.5% |
| Next Earnings Update | 26 Feb 2025 |
Recent past performance updates
Recent updates
Here's Why We're Not At All Concerned With Norse Atlantic's (OB:NORSE) Cash Burn Situation
Jun 08
Norse Atlantic (OB:NORSE) Will Have To Spend Its Cash Wisely
Sep 28Is Norse Atlantic (OB:NORSE) In A Good Position To Deliver On Growth Plans?
Jan 21We're Not Very Worried About Norse Atlantic's (OB:NORSE) Cash Burn Rate
Sep 02Companies Like Norse Atlantic (OB:NORSE) Are In A Position To Invest In Growth
Mar 07Revenue & Expenses Breakdown
How Norse Atlantic 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 Sep 24 | 560 | -165 | 46 | 0 |
| 30 Jun 24 | 543 | -157 | 43 | 0 |
| 31 Mar 24 | 478 | -161 | 39 | 0 |
| 31 Dec 23 | 439 | -169 | 37 | 0 |
| 30 Sep 23 | 391 | -171 | 34 | 0 |
| 30 Jun 23 | 241 | -229 | 29 | 0 |
| 31 Mar 23 | 143 | -220 | 21 | 0 |
| 31 Dec 22 | 104 | -175 | 16 | 0 |
| 30 Jun 22 | 3 | -60 | 7 | 0 |
Quality Earnings: NORSE is currently unprofitable.
Growing Profit Margin: NORSE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NORSE's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare NORSE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NORSE is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-21.6%).
Return on Equity
High ROE: NORSE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
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 | 2025/02/16 12:02 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/09/30 |
| 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.
| 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 |
| |
| 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.
Analysis Model and Snowflake
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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
Norse Atlantic ASA 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.