Sprott Focus Trust Past Earnings Performance
Past criteria checks 2/6
Sprott Focus Trust has been growing earnings at an average annual rate of 17.3%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 7% per year. Sprott Focus Trust's return on equity is 10.3%, and it has net margins of 327.2%.
Key information
17.3%
Earnings growth rate
17.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 7.0% |
| Return on equity | 10.3% |
| Net Margin | 327.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Revenue & Expenses BreakdownBeta
How Sprott Focus 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 Dec 23 | 8 | 27 | 3 | 0 |
| 31 Dec 22 | 7 | -1 | 3 | 0 |
| 30 Sep 22 | 8 | -9 | 3 | 0 |
| 30 Jun 22 | 8 | -18 | 3 | 0 |
| 31 Mar 22 | 8 | 17 | 3 | 0 |
| 31 Dec 21 | 8 | 52 | 3 | 0 |
| 30 Sep 21 | 7 | 70 | 3 | 0 |
| 30 Jun 21 | 6 | 89 | 3 | 0 |
| 31 Mar 21 | 7 | 51 | 3 | 0 |
| 31 Dec 20 | 7 | 13 | 2 | 0 |
| 30 Sep 20 | 6 | 5 | 2 | 0 |
| 30 Jun 20 | 6 | -3 | 2 | 0 |
| 31 Mar 20 | 6 | 28 | 2 | 0 |
| 31 Dec 19 | 6 | 58 | 2 | 0 |
| 30 Sep 19 | 6 | 27 | 2 | 0 |
| 30 Jun 19 | 6 | -5 | 2 | 0 |
| 31 Mar 19 | 6 | -22 | 3 | 0 |
| 31 Dec 18 | 7 | -39 | 3 | 0 |
| 30 Sep 18 | 7 | -10 | 3 | 0 |
| 30 Jun 18 | 7 | 19 | 3 | 0 |
| 31 Mar 18 | 6 | 27 | 3 | 0 |
| 31 Dec 17 | 5 | 36 | 3 | 0 |
| 30 Sep 17 | 5 | 34 | 2 | 0 |
| 30 Jun 17 | 5 | 32 | 2 | 0 |
| 31 Mar 17 | 5 | 35 | 2 | 0 |
| 31 Dec 16 | 5 | 39 | 2 | 0 |
| 30 Sep 16 | 5 | 17 | 2 | 0 |
| 30 Jun 16 | 5 | -6 | 2 | 0 |
| 31 Mar 16 | 5 | -14 | 2 | 0 |
| 31 Dec 15 | 5 | -21 | 2 | 0 |
| 30 Sep 15 | 5 | -20 | 2 | 0 |
| 30 Jun 15 | 4 | -19 | 2 | 0 |
| 31 Mar 15 | 4 | -9 | 2 | 0 |
| 31 Dec 14 | 4 | 0 | 2 | 0 |
| 30 Sep 14 | 4 | 26 | 2 | 0 |
| 30 Jun 14 | 4 | 51 | 2 | 0 |
| 31 Mar 14 | 3 | 41 | 2 | 0 |
| 31 Dec 13 | 3 | 32 | 2 | 0 |
| 30 Sep 13 | 3 | 26 | 2 | 0 |
| 30 Jun 13 | 4 | 21 | 2 | 0 |
Quality Earnings: FUND has a large one-off gain of $22.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: FUND became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FUND has become profitable over the past 5 years, growing earnings by 17.3% per year.
Accelerating Growth: FUND has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FUND has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: FUND's Return on Equity (10.3%) is considered low.