Innergex Renewable Energy Inc.

OTCPK:INGX.F Stock Report

Market Cap: US$1.2b

Innergex Renewable Energy Past Earnings Performance

Past criteria checks 0/6

Innergex Renewable Energy's earnings have been declining at an average annual rate of -4.7%, while the Renewable Energy industry saw earnings growing at 15.2% annually. Revenues have been growing at an average rate of 15% per year.

Key information

-4.7%

Earnings growth rate

2.0%

EPS growth rate

Renewable Energy Industry Growth-5.8%
Revenue growth rate15.0%
Return on equity-9.2%
Net Margin-13.0%
Next Earnings Update19 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Innergex Renewable Energy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:INGX.F Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,023-133680
30 Jun 241,056-132670
31 Mar 241,066-131650
31 Dec 231,042-104690
30 Sep 231,000-35680
30 Jun 23977-21650
31 Mar 23946-67590
31 Dec 22935-87530
30 Sep 22917-44520
30 Jun 22833-84490
31 Mar 22765-18490
31 Dec 21747-197450
30 Sep 21713-183420
30 Jun 21691-155430
31 Mar 21671-199420
31 Dec 20613-39430
30 Sep 20588-97440
30 Jun 20569-95400
31 Mar 20563-99380
31 Dec 19557-56370
30 Sep 195529330
30 Jun 195262320
31 Mar 1950617300
31 Dec 1848126280
30 Sep 1845114240
30 Jun 1844313220
31 Mar 1842820200
31 Dec 1740024180
30 Sep 1736626190
30 Jun 1732724170
31 Mar 1730524160
31 Dec 1629330150
30 Sep 16276-10140
30 Jun 16269-8140
31 Mar 162520140
31 Dec 15247-37140
30 Sep 15259-27160
30 Jun 15262-33160
31 Mar 15262-64160
31 Dec 14242-62150
30 Sep 14215-37130
30 Jun 14207-25120
31 Mar 1420011120

Quality Earnings: INGX.F is currently unprofitable.

Growing Profit Margin: INGX.F is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: INGX.F is unprofitable, and losses have increased over the past 5 years at a rate of 4.7% per year.

Accelerating Growth: Unable to compare INGX.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: INGX.F is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (26.9%).

Return on Equity

High ROE: INGX.F has a negative Return on Equity (-9.16%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 23:28
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Innergex Renewable Energy Inc. is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark WestbyATB Capital Markets
Benjamin PhamBMO Capital Markets Equity Research
David GalisonCanaccord Genuity