MFC Industrial Real Estate Investment Trust Past Earnings Performance
Past criteria checks 0/6
MFC Industrial Real Estate Investment Trust's earnings have been declining at an average annual rate of -64.7%, while the Specialized REITs industry saw earnings growing at 17.3% annually. Revenues have been declining at an average rate of 11.2% per year.
Key information
-64.7%
Earnings growth rate
-64.7%
EPS growth rate
| Specialized REITs Industry Growth | -22.4% |
| Revenue growth rate | -11.2% |
| Return on equity | -763.4% |
| Net Margin | -2,463.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How MFC Industrial Real Estate Investment Trust 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 Mar 24 | 15 | -366 | 10 | 0 |
| 31 Dec 23 | 25 | -364 | 11 | 0 |
| 30 Sep 23 | 47 | -163 | 5 | 0 |
| 30 Jun 23 | 65 | -453 | 7 | 0 |
| 31 Mar 23 | 78 | -443 | 8 | 0 |
| 31 Dec 22 | 91 | -434 | 8 | 0 |
| 30 Sep 22 | 92 | -350 | 9 | 0 |
| 30 Jun 22 | 93 | 127 | 7 | 0 |
| 31 Mar 22 | 94 | 128 | 7 | 0 |
| 31 Dec 21 | 92 | 128 | 6 | 0 |
| 30 Sep 21 | 90 | 0 | 6 | 0 |
| 30 Jun 21 | 87 | -4 | 6 | 0 |
| 31 Mar 21 | 85 | -3 | 6 | 0 |
| 31 Dec 20 | 84 | -4 | 6 | 0 |
| 30 Sep 20 | 84 | 12 | 6 | 0 |
| 30 Jun 20 | 82 | 14 | 6 | 0 |
| 31 Mar 20 | 83 | 12 | 6 | 0 |
| 31 Dec 19 | 83 | 11 | 7 | 0 |
| 30 Sep 19 | 86 | 83 | 7 | 0 |
| 30 Jun 19 | 90 | 85 | 7 | 0 |
| 31 Mar 19 | 91 | 86 | 7 | 0 |
| 31 Dec 18 | 91 | 86 | 7 | 0 |
| 30 Sep 18 | 88 | 14 | 11 | 0 |
| 30 Jun 18 | 84 | 8 | 18 | 0 |
| 31 Mar 18 | 81 | 7 | 18 | 0 |
| 31 Dec 17 | 81 | 7 | 19 | 0 |
| 30 Sep 17 | 82 | 38 | 15 | 0 |
| 30 Jun 17 | 84 | 41 | 9 | 0 |
| 31 Mar 17 | 88 | 41 | 9 | 0 |
| 31 Dec 16 | 90 | 42 | 8 | 0 |
| 31 Dec 15 | 74 | -36 | 14 | 0 |
Quality Earnings: MIT is currently unprofitable.
Growing Profit Margin: MIT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIT is unprofitable, and losses have increased over the past 5 years at a rate of 64.7% per year.
Accelerating Growth: Unable to compare MIT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MIT is unprofitable, making it difficult to compare its past year earnings growth to the Specialized REITs industry (-2.9%).
Return on Equity
High ROE: MIT has a negative Return on Equity (-763.38%), as it is currently unprofitable.