Cloudberry Clean Energy Past Earnings Performance
Past criteria checks 4/6
Cloudberry Clean Energy has been growing earnings at an average annual rate of 77.4%, while the Renewable Energy industry saw earnings growing at 28% annually. Revenues have been growing at an average rate of 80.1% per year. Cloudberry Clean Energy's return on equity is 5%, and it has net margins of 81.7%.
Key information
77.4%
Earnings growth rate
104.9%
EPS growth rate
| Renewable Energy Industry Growth | 29.8% |
| Revenue growth rate | 80.1% |
| Return on equity | 5.0% |
| Net Margin | 81.7% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
It's Unlikely That Cloudberry Clean Energy ASA's (OB:CLOUD) CEO Will See A Huge Pay Rise This Year
Apr 10
Bearish: Analysts Just Cut Their Cloudberry Clean Energy ASA (OB:CLOUD) Revenue and EPS estimates
Feb 19Cloudberry Clean Energy ASA Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
Nov 03Is Cloudberry Clean Energy (OB:CLOUD) A Risky Investment?
May 12Is There Now An Opportunity In Cloudberry Clean Energy ASA (OB:CLOUD)?
Feb 18Cloudberry Clean Energy's (OB:CLOUD) Earnings Are Weaker Than They Seem
Nov 01Is Cloudberry Clean Energy (OB:CLOUD) Using Too Much Debt?
Jun 03Cloudberry Clean Energy AS' (OB:CLOUD) About To Shift From Loss To Profit
Mar 28An Intrinsic Calculation For Cloudberry Clean Energy AS (OB:CLOUD) Suggests It's 21% Undervalued
Feb 09
Analysts Expect Breakeven For Cloudberry Clean Energy AS (OB:CLOUD) Before Long
Dec 18Revenue & Expenses BreakdownBeta
How Cloudberry Clean Energy 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 | 333 | 272 | 142 | 0 |
| 30 Sep 23 | 544 | 443 | 139 | 0 |
| 30 Jun 23 | 524 | 535 | 144 | 0 |
| 31 Mar 23 | 247 | 235 | 126 | 0 |
| 31 Dec 22 | 208 | 118 | 119 | 0 |
| 30 Sep 22 | 164 | 60 | 80 | 0 |
| 30 Jun 22 | 116 | -8 | 54 | 0 |
| 31 Mar 22 | 67 | -53 | 46 | 0 |
| 31 Dec 21 | 41 | -63 | 35 | 0 |
| 30 Sep 21 | 21 | -61 | 27 | 0 |
| 30 Jun 21 | 15 | -54 | 24 | 0 |
| 31 Mar 21 | 6 | -42 | 21 | 0 |
| 31 Dec 20 | 4 | -34 | 18 | 0 |
| 30 Sep 20 | 2 | -17 | 9 | 0 |
| 30 Jun 20 | 1 | -14 | 7 | 0 |
| 31 Mar 20 | 2 | -8 | 4 | 0 |
| 31 Dec 19 | 0 | -3 | 2 | 0 |
| 31 Dec 18 | 0 | -2 | 1 | 0 |
Quality Earnings: CLOUD has a large one-off gain of NOK172.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CLOUD's current net profit margins (81.7%) are higher than last year (56.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CLOUD has become profitable over the past 5 years, growing earnings by 77.4% per year.
Accelerating Growth: CLOUD's earnings growth over the past year (130.5%) exceeds its 5-year average (77.4% per year).
Earnings vs Industry: CLOUD earnings growth over the past year (130.5%) exceeded the Renewable Energy industry 12.2%.
Return on Equity
High ROE: CLOUD's Return on Equity (5%) is considered low.