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Canoe EITome Fund (TSX:EIT.UN) Revenue per Share : C$0.84 (TTM As of Dec. 2023)


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What is Canoe EITome Fund Revenue per Share?

Canoe EITome Fund's revenue per share for the six months ended in Dec. 2023 was C$0.95. Canoe EITome Fund's revenue per share for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.84.

During the past 12 months, the average Revenue Per Share Growth Rate of Canoe EITome Fund was -51.80% per year. During the past 3 years, the average Revenue Per Share Growth Rate was 9.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate.

The historical rank and industry rank for Canoe EITome Fund's Revenue per Share or its related term are showing as below:

TSX:EIT.UN' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -40.3   Med: -8.5   Max: 28.8
Current: 9.3

During the past 13 years, Canoe EITome Fund's highest 3-Year average Revenue Per Share Growth Rate was 28.80% per year. The lowest was -40.30% per year. And the median was -8.50% per year.

TSX:EIT.UN's 3-Year Revenue Growth Rate is ranked better than
52.35% of 1129 companies
in the Asset Management industry
Industry Median: 8.1 vs TSX:EIT.UN: 9.30

Canoe EITome Fund Revenue per Share Historical Data

The historical data trend for Canoe EITome Fund's Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canoe EITome Fund Revenue per Share Chart

Canoe EITome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 0.67 4.51 1.82 0.88

Canoe EITome Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.52 0.25 1.52 -0.11 0.95

Competitive Comparison of Canoe EITome Fund's Revenue per Share

For the Asset Management subindustry, Canoe EITome Fund's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canoe EITome Fund's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canoe EITome Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Canoe EITome Fund's PS Ratio falls into.



Canoe EITome Fund Revenue per Share Calculation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Canoe EITome Fund's Revenue Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Revenue Per Share (A: Dec. 2023 )=Revenue (A: Dec. 2023 )/Shares Outstanding (Diluted Average) (A: Dec. 2023 )
=148.574/169.273
=0.88

Canoe EITome Fund's Revenue Per Share for the quarter that ended in Dec. 2023 is calculated as

Revenue Per Share (Q: Dec. 2023 )=Revenue (Q: Dec. 2023 )/Shares Outstanding (Diluted Average) (Q: Dec. 2023 )
=166.872/176.413
=0.95

Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Canoe EITome Fund  (TSX:EIT.UN) Revenue per Share Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Canoe EITome Fund Revenue per Share Related Terms

Thank you for viewing the detailed overview of Canoe EITome Fund's Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Canoe EITome Fund (TSX:EIT.UN) Business Description

Address
421 - 7th Avenue SW, Suite 2750, Calgary, AB, CAN, T2P 4K9
Canoe EIT Income Fund is a Canadian closed-end investment trust. The investment objective of the Fund is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio. The company invests in various sectors, of which Financials, Energy, Healthcare, etc.

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