Cornerstone Strategic Value Fund Past Earnings Performance
Past criteria checks 3/6
Cornerstone Strategic Value Fund has been growing earnings at an average annual rate of 11.5%, while the Capital Markets industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 8% per year. Cornerstone Strategic Value Fund's return on equity is 24.9%, and it has net margins of 1759.2%.
Key information
11.5%
Earnings growth rate
-6.0%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 8.0% |
| Return on equity | 24.9% |
| Net Margin | 1,759.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Cornerstone Strategic Value 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 | 22 | 393 | 17 | 0 |
| 30 Sep 23 | 23 | 336 | 17 | 0 |
| 30 Jun 23 | 24 | 279 | 17 | 0 |
| 31 Mar 23 | 21 | 14 | 16 | 0 |
| 31 Dec 22 | 19 | -251 | 15 | 0 |
| 30 Sep 22 | 16 | -197 | 14 | 0 |
| 30 Jun 22 | 14 | -144 | 13 | 0 |
| 31 Mar 22 | 13 | 30 | 12 | 0 |
| 31 Dec 21 | 13 | 203 | 12 | 0 |
| 30 Sep 21 | 12 | 216 | 10 | 0 |
| 30 Jun 21 | 11 | 228 | 9 | 0 |
| 31 Mar 21 | 12 | 166 | 9 | 0 |
| 31 Dec 20 | 12 | 103 | 8 | 0 |
| 30 Sep 20 | 13 | 77 | 9 | 0 |
| 30 Jun 20 | 14 | 51 | 9 | 0 |
| 31 Mar 20 | 15 | 127 | 9 | 0 |
| 31 Dec 19 | 17 | 203 | 9 | 0 |
| 30 Sep 19 | 17 | 132 | 9 | 0 |
| 30 Jun 19 | 18 | 60 | 9 | 0 |
| 31 Mar 19 | 16 | 1 | 9 | 0 |
| 31 Dec 18 | 14 | -58 | 8 | 0 |
| 30 Sep 18 | 12 | 8 | 7 | 0 |
| 30 Jun 18 | 10 | 75 | 6 | 0 |
| 31 Mar 18 | 10 | 87 | 6 | 0 |
| 31 Dec 17 | 11 | 99 | 5 | 0 |
| 30 Sep 17 | 9 | 78 | 5 | 0 |
| 30 Jun 17 | 8 | 56 | 4 | 0 |
| 31 Mar 17 | 8 | 44 | 4 | 0 |
| 31 Dec 16 | 9 | 31 | 4 | 0 |
| 30 Sep 16 | 10 | 11 | 4 | 0 |
| 30 Jun 16 | 11 | -10 | 4 | 0 |
| 31 Mar 16 | 8 | -16 | 4 | 0 |
| 31 Dec 15 | 6 | -23 | 3 | 0 |
| 30 Sep 15 | 5 | -9 | 3 | 0 |
| 30 Jun 15 | 5 | 5 | 2 | 0 |
| 31 Mar 15 | 5 | 12 | 2 | 0 |
| 31 Dec 14 | 5 | 19 | 2 | 0 |
| 30 Sep 14 | 5 | 25 | 2 | 0 |
| 30 Jun 14 | 5 | 30 | 2 | 0 |
| 31 Mar 14 | 4 | 26 | 2 | 0 |
| 31 Dec 13 | 3 | 22 | 1 | 0 |
| 30 Sep 13 | 3 | 16 | 1 | 0 |
| 30 Jun 13 | 3 | 11 | 1 | 0 |
Quality Earnings: CLM has a large one-off gain of $387.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CLM became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CLM has become profitable over the past 5 years, growing earnings by 11.5% per year.
Accelerating Growth: CLM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CLM 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: CLM's Return on Equity (24.9%) is considered high.