Westaim Past Earnings Performance
Past criteria checks 6/6
Westaim has been growing earnings at an average annual rate of 59.8%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 57% per year. Westaim's return on equity is 35.5%, and it has net margins of 86.5%.
Key information
59.8%
Earnings growth rate
60.4%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 57.0% |
| Return on equity | 35.5% |
| Net Margin | 86.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Westaim 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 | 213 | 184 | 25 | 0 |
| 30 Sep 23 | 195 | 182 | 11 | 0 |
| 30 Jun 23 | 155 | 142 | 11 | 0 |
| 31 Mar 23 | 119 | 109 | 9 | 0 |
| 31 Dec 22 | 27 | 18 | 8 | 0 |
| 30 Sep 22 | -1 | -8 | 8 | 0 |
| 30 Jun 22 | 18 | 10 | 7 | 0 |
| 31 Mar 22 | 28 | 23 | 7 | 0 |
| 31 Dec 21 | 34 | 28 | 7 | 0 |
| 30 Sep 21 | 17 | 7 | 8 | 0 |
| 30 Jun 21 | 17 | 6 | 9 | 0 |
| 31 Mar 21 | 10 | -5 | 9 | 0 |
| 31 Dec 20 | -26 | -34 | 6 | 0 |
| 30 Sep 20 | -26 | -33 | 6 | 0 |
| 30 Jun 20 | -25 | -30 | 5 | 0 |
| 31 Mar 20 | -18 | -22 | 5 | 0 |
| 31 Dec 19 | 19 | 9 | 7 | 0 |
| 30 Sep 19 | 33 | 28 | 5 | 0 |
| 30 Jun 19 | 35 | 29 | 6 | 0 |
| 31 Mar 19 | 29 | 21 | 7 | 0 |
| 31 Dec 18 | 21 | 17 | 7 | 0 |
| 30 Sep 18 | 28 | 17 | 9 | 0 |
| 30 Jun 18 | 27 | 19 | 8 | 0 |
| 31 Mar 18 | 25 | 10 | 8 | 0 |
| 31 Dec 17 | 24 | 6 | 9 | 0 |
| 30 Sep 17 | 12 | -2 | 8 | 0 |
| 30 Jun 17 | 5 | -12 | 9 | 0 |
| 31 Mar 17 | -1 | -8 | 8 | 0 |
| 31 Dec 16 | -1 | -8 | 7 | 0 |
| 30 Sep 16 | -3 | -13 | 8 | 0 |
| 30 Jun 16 | -3 | -2 | 6 | 0 |
| 31 Mar 16 | 0 | -1 | 6 | 0 |
| 31 Dec 15 | -2 | 8 | 7 | 0 |
| 30 Sep 15 | 9 | 20 | 10 | 0 |
| 30 Jun 15 | 21 | 28 | 8 | 0 |
| 31 Mar 15 | 20 | 29 | 7 | 0 |
| 31 Dec 14 | 19 | 18 | 6 | 0 |
| 30 Sep 14 | 10 | 9 | 3 | 0 |
| 30 Jun 14 | 0 | -7 | 6 | 0 |
| 31 Mar 14 | 0 | -4 | 5 | 0 |
| 31 Dec 13 | 0 | -3 | 4 | 0 |
| 30 Sep 13 | 0 | -3 | 3 | 0 |
| 30 Jun 13 | 0 | -18 | 18 | 0 |
Quality Earnings: WEDX.F has high quality earnings.
Growing Profit Margin: WEDX.F's current net profit margins (86.5%) are higher than last year (65.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WEDX.F's earnings have grown significantly by 59.8% per year over the past 5 years.
Accelerating Growth: WEDX.F's earnings growth over the past year (924.3%) exceeds its 5-year average (59.8% per year).
Earnings vs Industry: WEDX.F earnings growth over the past year (924.3%) exceeded the Capital Markets industry 2.9%.
Return on Equity
High ROE: WEDX.F's Return on Equity (35.5%) is considered high.