Cannara Biotech Past Earnings Performance
Past criteria checks 1/6
Cannara Biotech has been growing earnings at an average annual rate of 71.2%, while the Personal Products industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 55.7% per year. Cannara Biotech's return on equity is 7.3%, and it has net margins of 7.8%.
Key information
71.2%
Earnings growth rate
72.2%
EPS growth rate
| Personal Products Industry Growth | 20.9% |
| Revenue growth rate | 55.7% |
| Return on equity | 7.3% |
| Net Margin | 7.8% |
| Last Earnings Update | 31 Aug 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Cannara Biotech 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 Aug 24 | 82 | 6 | 20 | 1 |
| 31 May 24 | 77 | 5 | 18 | 1 |
| 29 Feb 24 | 73 | 6 | 17 | 1 |
| 30 Nov 23 | 66 | 9 | 15 | 1 |
| 31 Aug 23 | 57 | 7 | 14 | 1 |
| 31 May 23 | 51 | 5 | 13 | 1 |
| 28 Feb 23 | 45 | 3 | 11 | 1 |
| 30 Nov 22 | 40 | 3 | 11 | 1 |
| 31 Aug 22 | 36 | 2 | 10 | 1 |
| 31 May 22 | 30 | 1 | 10 | 1 |
| 28 Feb 22 | 27 | 1 | 9 | 1 |
| 30 Nov 21 | 22 | 1 | 8 | 2 |
| 31 Aug 21 | 17 | -2 | 7 | 2 |
| 31 May 21 | 11 | -7 | 7 | 2 |
| 28 Feb 21 | 5 | -11 | 7 | 3 |
| 30 Nov 20 | 3 | -13 | 8 | 3 |
| 31 Aug 20 | 3 | -12 | 9 | 3 |
| 31 May 20 | 3 | -12 | 11 | 2 |
| 29 Feb 20 | 2 | -12 | 12 | 1 |
| 30 Nov 19 | 2 | -13 | 11 | 0 |
| 31 Aug 19 | 2 | -12 | 11 | 0 |
| 31 Aug 18 | 1 | -4 | 4 | 0 |
Quality Earnings: LOVF.F has a large one-off gain of CA$2.0M impacting its last 12 months of financial results to 31st August, 2024.
Growing Profit Margin: LOVF.F's current net profit margins (7.8%) are lower than last year (12.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LOVF.F has become profitable over the past 5 years, growing earnings by 71.2% per year.
Accelerating Growth: LOVF.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LOVF.F had negative earnings growth (-7.3%) over the past year, making it difficult to compare to the Personal Products industry average (-5.2%).
Return on Equity
High ROE: LOVF.F's Return on Equity (7.3%) is considered low.