Norse Atlantic Past Earnings Performance
Past criteria checks 0/6
Norse Atlantic has been growing earnings at an average annual rate of 31.3%, while the Airlines industry saw earnings growing at 31.6% annually. Revenues have been growing at an average rate of 125% per year.
Key information
31.3%
Earnings growth rate
73.1%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | 125.0% |
| Return on equity | n/a |
| Net Margin | -29.0% |
| Next Earnings Update | 05 Nov 2024 |
Recent past performance updates
Recent updates
Revenue & 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 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: NORSEO is currently unprofitable.
Growing Profit Margin: NORSEO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NORSEO's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare NORSEO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NORSEO is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (22.1%).
Return on Equity
High ROE: NORSEO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.