This company has been acquired
Noranda Income Fund Past Earnings Performance
Past criteria checks 2/6
Key information
3.9%
Earnings growth rate
3.9%
EPS growth rate
| Metals and Mining Industry Growth | 26.4% |
| Revenue growth rate | 2.2% |
| Return on equity | 6.0% |
| Net Margin | 1.5% |
| Last Earnings Update | 30 Sep 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Noranda 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 |
|---|---|---|---|---|
| 30 Sep 22 | 888 | 13 | 20 | 0 |
| 30 Jun 22 | 838 | 32 | 20 | 0 |
| 31 Mar 22 | 823 | -65 | 20 | 0 |
| 31 Dec 21 | 818 | -27 | 20 | 0 |
| 30 Sep 21 | 771 | -4 | 20 | 0 |
| 30 Jun 21 | 703 | -10 | 20 | 0 |
| 31 Mar 21 | 662 | -15 | 19 | 0 |
| 31 Dec 20 | 647 | -21 | 18 | 0 |
| 30 Sep 20 | 638 | -5 | 18 | 0 |
| 30 Jun 20 | 698 | 9 | 17 | 0 |
| 31 Mar 20 | 716 | 23 | 16 | 0 |
| 31 Dec 19 | 727 | 0 | 16 | 0 |
| 30 Sep 19 | 751 | -15 | 15 | 0 |
| 30 Jun 19 | 802 | -25 | 15 | 0 |
| 31 Mar 19 | 866 | -21 | 15 | 0 |
| 31 Dec 18 | 909 | 12 | 15 | 0 |
| 30 Sep 18 | 875 | 4 | 16 | 0 |
| 30 Jun 18 | 726 | -10 | 18 | 0 |
| 31 Mar 18 | 698 | -8 | 18 | 0 |
| 31 Dec 17 | 606 | -19 | 20 | 0 |
| 30 Sep 17 | 626 | -21 | 21 | 0 |
| 30 Jun 17 | 684 | -15 | 20 | 0 |
| 31 Mar 17 | 588 | -23 | 20 | 0 |
| 31 Dec 16 | 580 | -23 | 19 | 0 |
| 30 Sep 16 | 559 | -5 | 18 | 0 |
| 30 Jun 16 | 548 | 8 | 18 | 0 |
| 31 Mar 16 | 598 | 23 | 18 | 0 |
Quality Earnings: NNDI.F has a large one-off loss of $30.0M impacting its last 12 months of financial results to September 30 2022.
Growing Profit Margin: NNDI.F became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NNDI.F has become profitable over the past 5 years, growing earnings by 3.9% per year.
Accelerating Growth: NNDI.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NNDI.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-8.5%).
Return on Equity
High ROE: NNDI.F's Return on Equity (6%) is considered low.