Altima Resources Past Earnings Performance
Past criteria checks 2/6
Altima Resources's earnings have been declining at an average annual rate of -32.3%, while the Oil and Gas industry saw earnings growing at 37.1% annually. Revenues have been growing at an average rate of 44.5% per year.
Key information
-32.3%
Earnings growth rate
-31.4%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 44.5% |
| Return on equity | n/a |
| Net Margin | 2.1% |
| Last Earnings Update | 30 Nov 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Altima Resources 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 |
|---|---|---|---|---|
| 30 Nov 23 | 2 | 0 | 1 | 0 |
| 31 Aug 23 | 2 | 0 | 1 | 0 |
| 31 May 23 | 1 | -1 | 1 | 0 |
| 28 Feb 23 | 1 | 0 | 1 | 0 |
| 30 Nov 22 | 1 | -4 | 1 | 0 |
| 31 Aug 22 | 2 | -4 | 1 | 0 |
| 31 May 22 | 2 | -4 | 1 | 0 |
| 28 Feb 22 | 2 | -4 | 1 | 0 |
| 30 Nov 21 | 2 | -1 | 1 | 0 |
| 31 Aug 21 | 2 | -2 | 1 | 0 |
| 31 May 21 | 1 | -2 | 1 | 0 |
| 28 Feb 21 | 1 | -1 | 1 | 0 |
| 30 Nov 20 | 1 | 0 | 1 | 0 |
| 31 Aug 20 | 0 | 0 | 1 | 0 |
| 31 May 20 | 0 | 0 | 0 | 0 |
| 29 Feb 20 | 0 | -1 | 0 | 0 |
| 30 Nov 19 | 0 | -1 | 0 | 0 |
| 31 Aug 19 | 0 | 0 | 0 | 0 |
| 31 May 19 | 0 | 0 | 0 | 0 |
| 28 Feb 19 | 0 | 0 | 0 | 0 |
| 30 Nov 18 | 0 | 1 | 0 | 0 |
| 31 Aug 18 | 0 | 1 | 0 | 0 |
| 31 May 18 | 0 | 5 | 0 | 0 |
| 28 Feb 18 | 0 | 5 | 0 | 0 |
| 30 Nov 17 | 0 | 4 | 0 | 0 |
| 31 Aug 17 | 0 | -11 | 2 | 0 |
| 31 May 17 | 0 | -16 | 2 | 0 |
| 28 Feb 17 | 0 | -16 | 2 | 0 |
| 30 Nov 16 | 0 | -16 | 2 | 0 |
| 31 Aug 16 | 0 | -11 | 1 | 0 |
| 31 May 16 | 0 | -11 | 1 | 0 |
| 29 Feb 16 | 0 | -11 | 1 | 0 |
| 30 Nov 15 | 1 | -11 | 1 | 0 |
| 31 Aug 15 | 1 | -1 | 1 | 0 |
| 31 May 15 | 1 | -1 | 1 | 0 |
| 28 Feb 15 | 1 | -1 | 1 | 0 |
| 30 Nov 14 | 2 | -1 | 1 | 0 |
| 31 Aug 14 | 1 | -2 | 1 | 0 |
| 31 May 14 | 1 | -2 | 1 | 0 |
| 28 Feb 14 | 1 | -2 | 1 | 0 |
| 30 Nov 13 | 1 | -2 | 1 | 0 |
| 31 Aug 13 | 0 | -2 | 1 | 0 |
| 31 May 13 | 0 | -1 | 1 | 0 |
Quality Earnings: ARSL.F has a large one-off gain of CA$1.4M impacting its last 12 months of financial results to 30th November, 2023.
Growing Profit Margin: ARSL.F became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARSL.F has become profitable over the past 5 years, growing earnings by -32.3% per year.
Accelerating Growth: ARSL.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ARSL.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-21.9%).
Return on Equity
High ROE: ARSL.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.