Herzfeld Caribbean Basin Fund Past Earnings Performance
Past criteria checks 2/6
Herzfeld Caribbean Basin Fund has been growing earnings at an average annual rate of 18.7%, while the Capital Markets industry saw earnings growing at 9.9% annually. Revenues have been declining at an average rate of 12.3% per year. Herzfeld Caribbean Basin Fund's return on equity is 14.2%, and it has net margins of 1076.9%.
Key information
18.7%
Earnings growth rate
12.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -12.3% |
| Return on equity | 14.2% |
| Net Margin | 1,076.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Revenue & Expenses Breakdown
How Herzfeld Caribbean Basin 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 |
|---|---|---|---|---|
| 31 Dec 23 | 1 | 8 | 1 | 0 |
| 30 Sep 23 | 1 | 8 | 1 | 0 |
| 30 Jun 23 | 1 | 8 | 1 | 0 |
| 31 Mar 23 | 0 | 1 | 1 | 0 |
| 31 Dec 22 | 0 | -6 | 1 | 0 |
| 30 Sep 22 | 0 | -7 | 1 | 0 |
| 30 Jun 22 | 0 | -7 | 1 | 0 |
| 31 Mar 22 | 1 | 0 | 1 | 0 |
| 31 Dec 21 | 1 | 8 | 1 | 0 |
| 30 Sep 21 | 1 | 13 | 1 | 0 |
| 30 Jun 21 | 0 | 18 | 1 | 0 |
| 31 Mar 21 | 0 | 6 | 1 | 0 |
| 31 Dec 20 | 0 | -5 | 1 | 0 |
| 30 Sep 20 | 1 | -8 | 1 | 0 |
| 30 Jun 20 | 1 | -11 | 1 | 0 |
| 31 Mar 20 | 1 | 0 | 1 | 0 |
| 31 Dec 19 | 1 | 12 | 1 | 0 |
| 30 Sep 19 | 1 | 6 | 1 | 0 |
| 30 Jun 19 | 1 | -1 | 1 | 0 |
| 31 Mar 19 | 1 | -5 | 1 | 0 |
| 31 Dec 18 | 1 | -9 | 1 | 0 |
| 30 Sep 18 | 1 | -5 | 1 | 0 |
| 30 Jun 18 | 1 | -1 | 1 | 0 |
| 31 Mar 18 | 1 | 2 | 1 | 0 |
| 31 Dec 17 | 1 | 6 | 1 | 0 |
| 30 Sep 17 | 1 | 9 | 1 | 0 |
| 30 Jun 17 | 1 | 12 | 2 | 0 |
| 31 Mar 17 | 1 | 10 | 2 | 0 |
| 31 Dec 16 | 1 | 7 | 1 | 0 |
| 30 Sep 16 | 1 | 1 | 1 | 0 |
| 30 Jun 16 | 1 | -5 | 1 | 0 |
| 31 Mar 16 | 1 | -6 | 1 | 0 |
| 31 Dec 15 | 1 | -7 | 1 | 0 |
| 30 Sep 15 | 1 | -4 | 1 | 0 |
| 30 Jun 15 | 1 | -1 | 1 | 0 |
| 31 Mar 15 | 1 | -1 | 1 | 0 |
| 31 Dec 14 | 1 | 0 | 1 | 0 |
| 30 Sep 14 | 1 | 2 | 1 | 0 |
| 30 Jun 14 | 1 | 4 | 1 | 0 |
| 31 Mar 14 | 1 | 5 | 1 | 0 |
| 31 Dec 13 | 1 | 5 | 1 | 0 |
| 30 Sep 13 | 1 | 6 | 1 | 0 |
| 30 Jun 13 | 1 | 6 | 1 | 0 |
Quality Earnings: CUBA has a large one-off gain of $8.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CUBA became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CUBA has become profitable over the past 5 years, growing earnings by 18.7% per year.
Accelerating Growth: CUBA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CUBA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (6%).
Return on Equity
High ROE: CUBA's Return on Equity (14.2%) is considered low.