First Trust New Opportunities MLP & Energy Fund (First Trust New Opportunities MLP & Energy Fund) Revenue : $11.04 Mil (TTM As of Oct. 2023)

First Trust New Opportunities MLP & Energy Fund Revenue Chart

First Trust New Opportunities MLP & Energy Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Revenue	Get a 7-Day Free Trial								6.83	16.11	4.41	4.40	6.64

Competitive Comparison of First Trust New Opportunities MLP & Energy Fund's Revenue

For the Asset Management subindustry, First Trust New Opportunities MLP & Energy Fund's Revenue, along with its competitors' market caps and Revenue 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.

First Trust New Opportunities MLP & Energy Fund's Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust New Opportunities MLP & Energy Fund's Revenue distribution charts can be found below:

* The bar in red indicates where First Trust New Opportunities MLP & Energy Fund's Revenue falls into.

First Trust New Opportunities MLP & Energy Fund Revenue Calculation

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.

Revenue for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $11.04 Mil.

* 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.

First Trust New Opportunities MLP & Energy Fund  (NYSE:FPL) Revenue 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:

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.

First Trust New Opportunities MLP & Energy Fund Revenue Related Terms

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First Trust New Opportunities MLP & Energy Fund (First Trust New Opportunities MLP & Energy Fund) Business Description