Apollo Tactical Income Fund Past Earnings Performance
Past criteria checks 2/6
Apollo Tactical Income Fund has been growing earnings at an average annual rate of 2.6%, while the Capital Markets industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 2.2% per year. Apollo Tactical Income Fund's return on equity is 16.2%, and it has net margins of 95.6%.
Key information
2.6%
Earnings growth rate
2.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 2.2% |
| Return on equity | 16.2% |
| Net Margin | 95.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Apollo Tactical Income Fund: Use This Tactical Opportunity To Increase Your Income
Apr 15AIF And Credit Funds: Make My Day, Call It 'Junk'
Mar 25AIF: The Opportunity Is Not As Good As It Was, But This Fund Still Makes Sense
Feb 18AIF: A Strong 11.8%-Yielding Loan CEF Performer
Nov 30AIF: This 11.33%-Yielding Alternative Credit Fund Is A Winner
Oct 05Apollo Tactical Income: Top Of The Capital Stack, Paying 11%
Aug 29AIF: 11% Yield From This Loan CEF, On Top Of The Discount
Jul 24Apollo Tactical Income Fund declares $0.122 dividend
Feb 10AIF: Fully Funded Yield But Shrinking NAV
Feb 04Apollo Tactical Income Fund declares $0.122 dividend
Jan 11Apollo Tactical Income Fund raises dividend by 6% to $0.122
Dec 08AIF: Continuing To Perform In A Tough Fixed Income Environment
Nov 12Apollo Tactical Income Fund declares $0.115 dividend
Oct 07Apollo Tactical Income Fund declares $0.11 dividend
Sep 09AIF: Leveraged Loan Fund From Apollo, 8.5% Yield
Jul 13Apollo Tactical Income Fund raises dividend 7.8% to $0.097/share
Jul 05Apollo Tactical Income Fund declares $0.0785 dividend
May 06AIF: Buy Beaten Down Leveraged Loans
Feb 02Apollo Tactical Income Fund declares $0.076 dividend
Jan 04Apollo Tactical Income Fund declares $0.102 special dividend
Dec 21Apollo Tactical Income Fund declares $0.076 dividend
Dec 07Apollo Tactical Income Fund declares $0.068 dividend
Nov 05Revenue & Expenses BreakdownBeta
How Apollo Tactical Income 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 | 36 | 35 | 5 | 0 |
| 30 Sep 23 | 34 | 30 | 5 | 0 |
| 30 Jun 23 | 32 | 25 | 5 | 0 |
| 31 Mar 23 | 29 | 1 | 5 | 0 |
| 31 Dec 22 | 26 | -22 | 5 | 0 |
| 30 Sep 22 | 23 | -23 | 5 | 0 |
| 30 Jun 22 | 21 | -24 | 5 | 0 |
| 31 Mar 22 | 21 | -3 | 6 | 0 |
| 31 Dec 21 | 21 | 18 | 6 | 0 |
| 30 Sep 21 | 21 | 33 | 6 | 0 |
| 30 Jun 21 | 21 | 48 | 6 | 0 |
| 31 Mar 21 | 22 | 27 | 5 | 0 |
| 31 Dec 20 | 22 | 7 | 5 | 0 |
| 30 Sep 20 | 23 | -5 | 5 | 0 |
| 30 Jun 20 | 25 | -16 | 5 | 0 |
| 31 Mar 20 | 26 | 7 | 5 | 0 |
| 31 Dec 19 | 28 | 29 | 5 | 0 |
| 30 Sep 19 | 28 | 20 | 5 | 0 |
| 30 Jun 19 | 29 | 11 | 6 | 0 |
| 31 Mar 19 | 29 | 5 | 6 | 0 |
| 31 Dec 18 | 29 | -1 | 6 | 0 |
| 30 Sep 18 | 28 | 7 | 6 | 0 |
| 30 Jun 18 | 28 | 16 | 6 | 0 |
| 31 Mar 18 | 28 | 19 | 6 | 0 |
| 31 Dec 17 | 27 | 22 | 6 | 0 |
| 30 Sep 17 | 28 | 31 | 6 | 0 |
| 30 Jun 17 | 28 | 40 | 6 | 0 |
| 31 Mar 17 | 29 | 40 | 6 | 0 |
| 31 Dec 16 | 30 | 39 | 6 | 0 |
| 30 Sep 16 | 29 | 16 | 6 | 0 |
| 30 Jun 16 | 29 | -8 | 6 | 0 |
| 31 Mar 16 | 29 | -9 | 6 | 0 |
| 31 Dec 15 | 29 | -10 | 6 | 0 |
| 30 Sep 15 | 29 | -4 | 6 | 0 |
| 30 Jun 15 | 30 | 1 | 6 | 0 |
| 31 Mar 15 | 30 | 3 | 6 | 0 |
| 31 Dec 14 | 30 | 5 | 6 | 0 |
| 30 Jun 14 | 34 | 40 | 7 | 0 |
| 31 Mar 14 | 29 | 32 | 6 | 0 |
| 31 Dec 13 | 25 | 25 | 6 | 0 |
Quality Earnings: AIF has a large one-off gain of $11.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: AIF became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AIF has become profitable over the past 5 years, growing earnings by 2.6% per year.
Accelerating Growth: AIF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AIF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-0.3%).
Return on Equity
High ROE: AIF's Return on Equity (16.2%) is considered low.