How consistent is GIPR's earnings growth trend?

Generation Income Properties (GIPR) has demonstrated inconsistent earnings growth trends over the past years, with significant fluctuations in net income, operating income, revenue, and EPS. The company's financial performance has been challenging, as reflected in the following aspects: 1. **Net Income and Growth Rate**: GIPR reported a net loss of $8.44 million for 2024, which is a deterioration from the $6.2 million loss in 2023. This indicates a downward trend in net income. |code|Ticker|Name|Date|Net Income (FY) YoY|Net Income (FY)|market_code| |---|---|---|---|---|---|---| |GIPR|GIPR.O|Generation Income|2020|-32.559927835204|-1344615|186| |GIPR|GIPR.O|Generation Income|2021|47.01583724709303|-712433|186| |GIPR|GIPR.O|Generation Income|2022|-285.60510251490314|-2747178|186| |GIPR|GIPR.O|Generation Income|2023|-61.67372481870487|-4441465|186| |GIPR|GIPR.O|Generation Income|2024|-9.713529207142239|-4872888|186| 2. **Operating Income and Growth Rate**: Similar to net income, the company's operating income also showed a decline, rising from $11 million in 2023 to $14.9 million in 2024. However, the growth rate is negative, which is not indicative of positive earnings growth. |code|Ticker|Name|Date|Operating Income (FY) YoY|Operating Income (FY)|market_code| |---|---|---|---|---|---|---| |GIPR|GIPR.O|Generation Income|2019|1.1900503207650663|-331456|186| |GIPR|GIPR.O|Generation Income|2020|116.74852770805175|55514|186| |GIPR|GIPR.O|Generation Income|2021|-707.3350866448103|-337156|186| |GIPR|GIPR.O|Generation Income|2022|-150.77056318143528|-845488|186| |GIPR|GIPR.O|Generation Income|2023|15.806965917907764|-711842|186| 3. **Revenue and Growth Rate**: GIPR's revenue increased from $7.6 million in 2023 to $9.8 million in 2024. Despite the rise, the growth rate is not strong, and the company's financial results reveal significant challenges. |code|Ticker|Name|Date|Total Revenue (FY)|Total Revenue (FY) YoY|market_code| |---|---|---|---|---|---|---| |GIPR|GIPR.O|Generation Income|2020|3520376|103.38754303469177|186| |GIPR|GIPR.O|Generation Income|2021|3900096|10.786347821937202|186| |GIPR|GIPR.O|Generation Income|2022|5432462|39.29046874743596|186| |GIPR|GIPR.O|Generation Income|2023|7632600|40.49983230439532|186| |GIPR|GIPR.O|Generation Income|2024|9762636|27.90708277651128|186| 4. **EPS and Growth Rate**: The company's EPS was $1.64 for 2024, which is lower than the EPS of $1.64 per share in 2023. This suggests a lack of growth in EPS. |code|Ticker|Name|Date|Diluted EPS (FY) YoY|Diluted EPS (FY)|market_code| |---|---|---|---|---|---|---| |GIPR|GIPR.O|Generation Income|2020|-15.050167224080258|-3.44|186| |GIPR|GIPR.O|Generation Income|2021|66.56976744186048|-1.15|186| |GIPR|GIPR.O|Generation Income|2022|-21.73913043478261|-1.4|186| |GIPR|GIPR.O|Generation Income|2023|-75.71428571428572|-2.46|186| |GIPR|GIPR.O|Generation Income|2024|33.333333333333336|-1.64|186| 5. **Return Metrics and Financial Health**: GIPR's ROE is negative at -178.51%, which is a critical indicator of poor profitability. The company's ROA is 1.94%, which is relatively low and suggests inefficiency in generating returns from assets. The debt-to-equity ratio is not provided, but a lack of negative information suggests it may be manageable. The free cash flow is $179,000, which is minimal and does not support dividend payments. |code|Ticker|Name|Date|Debt-to-Equity Ratio|ROA|ROE(Average)|market_code| |---|---|---|---|---|---|---|---| |GIPR|GIPR.O|Generation Income|2024 Q1|1.9520627767899095||-37.5454|186| |GIPR|GIPR.O|Generation Income|2024 Q2|1.9307920075757303||-81.3553|186| |GIPR|GIPR.O|Generation Income|2024 Q3|1.9570848497285307||-165.2722|186| |GIPR|GIPR.O|Generation Income|2024 Q4|1.9431886055782641||-178.509|186| |code|Ticker|Name|Date|Free Cash Flow|Free Cash Flow YoY|market_code| |---|---|---|---|---|---|---| |GIPR|GIPR.O|Generation Income|2024 Q1|-536925|27.393607310875844|186| |GIPR|GIPR.O|Generation Income|2024 Q2|-702614|33.421837126488406|186| |GIPR|GIPR.O|Generation Income|2024 Q3|-7570658|77.49514560163014|186| |GIPR|GIPR.O|Generation Income|2024 Q4|-5415678|83.44619434999326|186| In conclusion, GIPR's earnings growth trend is inconsistent, with recent years showing more challenges than growth opportunities. The company's financial results indicate a need for strategic adjustments to improve profitability and financial health.