Nova Net Lease REIT Past Earnings Performance
Past criteria checks 0/6
Nova Net Lease REIT's earnings have been declining at an average annual rate of -23.4%, while the REITs industry saw earnings growing at 16.5% annually. Revenues have been growing at an average rate of 24.8% per year.
Key information
-23.4%
Earnings growth rate
-72.4%
EPS growth rate
| REITs Industry Growth | 19.4% |
| Revenue growth rate | 24.8% |
| Return on equity | -7.5% |
| Net Margin | -58.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Nova Net Lease REIT 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 24 | 2 | -1 | 2 | 0 |
| 30 Jun 24 | 2 | 2 | 2 | 0 |
| 31 Mar 24 | 2 | -1 | 2 | 0 |
| 31 Dec 23 | 2 | 2 | 2 | 0 |
| 30 Sep 23 | 2 | 9 | 2 | 0 |
| 30 Jun 23 | 2 | 7 | 2 | 0 |
| 31 Mar 23 | 2 | 8 | 3 | 0 |
| 31 Dec 22 | 2 | 8 | 3 | 0 |
| 31 Dec 21 | 0 | -1 | 1 | 0 |
Quality Earnings: NNLR.F is currently unprofitable.
Growing Profit Margin: NNLR.F is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NNLR.F's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare NNLR.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NNLR.F is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-13.3%).
Return on Equity
High ROE: NNLR.F has a negative Return on Equity (-7.53%), as it is currently unprofitable.