Mexico Equity & Income Fund Past Earnings Performance
Past criteria checks 1/6
Mexico Equity & Income Fund has been growing earnings at an average annual rate of 65.5%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 11.5% per year. Mexico Equity & Income Fund's return on equity is 12.6%, and it has net margins of 362.8%.
Key information
65.5%
Earnings growth rate
53.8%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 11.5% |
| Return on equity | 12.6% |
| Net Margin | 362.8% |
| Last Earnings Update | 31 Jan 2024 |
Revenue & Expenses BreakdownBeta
How Mexico Equity & 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 Jan 24 | 2 | 8 | 1 | 0 |
| 31 Oct 23 | 3 | 14 | 1 | 0 |
| 31 Jul 23 | 3 | 20 | 1 | 0 |
| 30 Apr 23 | 3 | 16 | 1 | 0 |
| 31 Jan 23 | 3 | 12 | 1 | 0 |
| 31 Oct 22 | 2 | 4 | 1 | 0 |
| 31 Jul 22 | 1 | -3 | 1 | 0 |
| 30 Apr 22 | 1 | 1 | 1 | 0 |
| 31 Jan 22 | 1 | 5 | 1 | 0 |
| 31 Oct 21 | 1 | 7 | 1 | 0 |
| 31 Jul 21 | 0 | 10 | 1 | 0 |
| 30 Apr 21 | 0 | 3 | 1 | 0 |
| 31 Jan 21 | 0 | -3 | 1 | 0 |
| 31 Oct 20 | 1 | -1 | 1 | 0 |
| 31 Jul 20 | 1 | 0 | 1 | 0 |
| 30 Apr 20 | 1 | 1 | 1 | 0 |
| 31 Jan 20 | 2 | 2 | 1 | 0 |
| 31 Oct 19 | 2 | -7 | 1 | 0 |
| 31 Jul 19 | 2 | -15 | 2 | 0 |
| 30 Apr 19 | 2 | -11 | 2 | 0 |
| 31 Jan 19 | 2 | -7 | 2 | 0 |
| 31 Oct 18 | 2 | -5 | 2 | 0 |
| 31 Jul 18 | 2 | -3 | 2 | 0 |
| 30 Apr 18 | 2 | 7 | 2 | 0 |
| 31 Jan 18 | 2 | 16 | 2 | 0 |
| 31 Oct 17 | 2 | 13 | 2 | 0 |
| 31 Jul 17 | 2 | 10 | 2 | 0 |
| 30 Apr 17 | 2 | 0 | 2 | 0 |
| 31 Jan 17 | 2 | -11 | 2 | 0 |
| 31 Oct 16 | 2 | -9 | 2 | 0 |
| 31 Jul 16 | 2 | -7 | 2 | 0 |
| 30 Apr 16 | 2 | -6 | 2 | 0 |
| 31 Jan 16 | 2 | -5 | 2 | 0 |
| 31 Oct 15 | 2 | -10 | 2 | 0 |
| 31 Jul 15 | 1 | -15 | 2 | 0 |
| 30 Apr 15 | 1 | -10 | 2 | 0 |
| 31 Jan 15 | 1 | -5 | 2 | 0 |
| 31 Oct 14 | 1 | 5 | 2 | 0 |
| 31 Jul 14 | 2 | 14 | 2 | 0 |
| 30 Apr 14 | 2 | 10 | 2 | 0 |
| 31 Jan 14 | 2 | 6 | 2 | 0 |
| 31 Oct 13 | 2 | 16 | 2 | 0 |
| 31 Jul 13 | 1 | 26 | 2 | 0 |
Quality Earnings: MXE has a large one-off gain of $7.2M impacting its last 12 months of financial results to 31st January, 2024.
Growing Profit Margin: MXE's current net profit margins are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MXE has become profitable over the past 5 years, growing earnings by 65.5% per year.
Accelerating Growth: MXE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MXE had negative earnings growth (-28.5%) over the past year, making it difficult to compare to the Capital Markets industry average (3.3%).
Return on Equity
High ROE: MXE's Return on Equity (12.6%) is considered low.