Baltic Horizon Fund Past Earnings Performance
Past criteria checks 1/6
Baltic Horizon Fund's earnings have been declining at an average annual rate of -25.9%, while the REITs industry saw earnings growing at 6.2% annually. Revenues have been growing at an average rate of 11.5% per year. Baltic Horizon Fund's return on equity is 10.6%, and it has net margins of 57.1%.
Key information
-25.9%
Earnings growth rate
-35.0%
EPS growth rate
| REITs Industry Growth | 14.4% |
| Revenue growth rate | 11.5% |
| Return on equity | 10.6% |
| Net Margin | 57.1% |
| Next Earnings Update | 15 Feb 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Baltic Horizon Fund 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 22 | 25 | 14 | 3 | 0 |
| 30 Jun 22 | 25 | 15 | 3 | 0 |
| 31 Mar 22 | 25 | 2 | 3 | 0 |
| 31 Dec 21 | 24 | 1 | 3 | 0 |
| 30 Sep 21 | 25 | -14 | 3 | 0 |
| 30 Jun 21 | 25 | -13 | 3 | 0 |
| 31 Mar 21 | 25 | -15 | 3 | 0 |
| 31 Dec 20 | 27 | -14 | 3 | 0 |
| 30 Sep 20 | 28 | -3 | 3 | 0 |
| 30 Jun 20 | 29 | -3 | 3 | 0 |
| 31 Mar 20 | 28 | 10 | 3 | 0 |
| 31 Dec 19 | 25 | 9 | 3 | 0 |
| 30 Sep 19 | 23 | 9 | 4 | 0 |
| 30 Jun 19 | 20 | 8 | 3 | 0 |
| 31 Mar 19 | 19 | 10 | 3 | 0 |
| 31 Dec 18 | 19 | 10 | 3 | 0 |
| 30 Sep 18 | 17 | 12 | 2 | 0 |
| 30 Jun 18 | 16 | 11 | 3 | 0 |
| 31 Mar 18 | 15 | 10 | 3 | 0 |
| 31 Dec 17 | 14 | 9 | 3 | 0 |
| 30 Sep 17 | 13 | 5 | 3 | 0 |
| 30 Jun 17 | 12 | 7 | 3 | 0 |
| 31 Mar 17 | 11 | 6 | 3 | 0 |
| 31 Dec 16 | 10 | 6 | 2 | 0 |
| 30 Sep 16 | 9 | 8 | 2 | 0 |
| 30 Jun 16 | 9 | 5 | 1 | 0 |
| 31 Mar 16 | 9 | 6 | 1 | 0 |
Quality Earnings: NHCBHFFS has a large one-off gain of €7.6M impacting its last 12 months of financial results to 30th September, 2022.
Growing Profit Margin: NHCBHFFS became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NHCBHFFS's earnings have declined by 25.9% per year over the past 5 years.
Accelerating Growth: NHCBHFFS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NHCBHFFS has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (-11.4%).
Return on Equity
High ROE: NHCBHFFS's Return on Equity (10.6%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/01/10 07:23 |
| End of Day Share Price | 2022/10/13 00:00 |
| Earnings | 2022/09/30 |
| Annual Earnings | 2021/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| 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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Baltic Horizon Fund is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sander Danil | AS LHV Pank |
| Alar Kangur | AS LHV Pank |
| Andrej Rodionov | Swedbank AS |