Elite Commercial REIT Past Earnings Performance
Past criteria checks 0/6
Elite Commercial REIT's earnings have been declining at an average annual rate of -48.2%, while the Office REITs industry saw earnings growing at 4.3% annually. Revenues have been growing at an average rate of 20.7% per year.
Key information
-48.2%
Earnings growth rate
-96.3%
EPS growth rate
| Office REITs Industry Growth | 15.3% |
| Revenue growth rate | 20.7% |
| Return on equity | -10.7% |
| Net Margin | -49.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Elite Commercial REIT 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 | 45 | -22 | 1 | 0 |
| 30 Sep 23 | 42 | -26 | 1 | 0 |
| 30 Jun 23 | 40 | -29 | 1 | 0 |
| 31 Mar 23 | 38 | -24 | 1 | 0 |
| 31 Dec 22 | 37 | -18 | 1 | 0 |
| 30 Sep 22 | 37 | 1 | 2 | 0 |
| 30 Jun 22 | 38 | 21 | 2 | 0 |
| 31 Mar 22 | 36 | 8 | 2 | 0 |
| 31 Dec 21 | 35 | -5 | 2 | 0 |
| 30 Sep 21 | 33 | 12 | 5 | 0 |
| 30 Jun 21 | 30 | 15 | 2 | 0 |
| 31 Dec 20 | 23 | 24 | 4 | 0 |
| 31 Dec 19 | 23 | 9 | 1 | 0 |
| 31 Dec 18 | 5 | -5 | 0 | 0 |
Quality Earnings: MXNU is currently unprofitable.
Growing Profit Margin: MXNU is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MXNU is unprofitable, and losses have increased over the past 5 years at a rate of 48.2% per year.
Accelerating Growth: Unable to compare MXNU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MXNU is unprofitable, making it difficult to compare its past year earnings growth to the Office REITs industry (-1.6%).
Return on Equity
High ROE: MXNU has a negative Return on Equity (-10.7%), as it is currently unprofitable.