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XFLT (XAI Octagon Floating Rate & Alternativeome Trust) Revenue : $57.70 Mil (TTM As of Sep. 2024)


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What is XAI Octagon Floating Rate & Alternativeome Trust Revenue?

XAI Octagon Floating Rate & Alternativeome Trust's revenue for the six months ended in Sep. 2024 was $17.34 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $57.70 Mil. XAI Octagon Floating Rate & Alternativeome Trust's Revenue per Share for the six months ended in Sep. 2024 was $0.25. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $1.11.

Warning Sign:

XAI Octagon Floating Rate & Alternative Income Trust revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of XAI Octagon Floating Rate & Alternativeome Trust was -14.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -6.10% 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 using Revenue per Share data.

During the past 8 years, XAI Octagon Floating Rate & Alternativeome Trust's highest 3-Year average Revenue per Share Growth Rate was 37.60% per year. The lowest was -35.10% per year. And the median was -6.10% per year.


XAI Octagon Floating Rate & Alternativeome Trust Revenue Historical Data

The historical data trend for XAI Octagon Floating Rate & Alternativeome Trust's Revenue 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.

XAI Octagon Floating Rate & Alternativeome Trust Revenue Chart

XAI Octagon Floating Rate & Alternativeome Trust Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Revenue
Get a 7-Day Free Trial -9.39 38.38 -31.12 53.00 57.70

XAI Octagon Floating Rate & Alternativeome Trust Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Revenue 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 -25.16 16.47 36.52 40.36 17.34

Competitive Comparison of XAI Octagon Floating Rate & Alternativeome Trust's Revenue

For the Asset Management subindustry, XAI Octagon Floating Rate & Alternativeome Trust'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.


XAI Octagon Floating Rate & Alternativeome Trust's Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, XAI Octagon Floating Rate & Alternativeome Trust's Revenue distribution charts can be found below:

* The bar in red indicates where XAI Octagon Floating Rate & Alternativeome Trust's Revenue falls into.



XAI Octagon Floating Rate & Alternativeome Trust 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $57.70 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.


XAI Octagon Floating Rate & Alternativeome Trust  (NYSE:XFLT) 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:


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.


XAI Octagon Floating Rate & Alternativeome Trust Revenue Related Terms

Thank you for viewing the detailed overview of XAI Octagon Floating Rate & Alternativeome Trust's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


XAI Octagon Floating Rate & Alternativeome Trust Business Description

Traded in Other Exchanges
N/A
Address
321 North Clark Street, Suite 2430, Chicago, IL, USA, 60654
XAI Octagon Floating Rate & Alternative Income Trust is a diversified, closed-end management investment company which invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets. The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
Executives
Theodore J Brombach officer: President & CEO, other: Interested Trustee 321 N. CLARK STREET, CHICAGO IL 60054
John Yogi Spence officer: CFO & Treasurer 321 N. CLARK STREET, CHICAGO IL 60054
Randi Jean Roessler officer: Chief Compliance Officer C/O DESTRA MULTI ALTERNATIVE FUND, 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Benjamin Mcculloch officer: Secretary & CLO 321 NORTH CLARK STREET, SUITE 2430, CHICAGO IL 60654
John P Mcgarrity officer: Chief Legal & Secretary 321 N. CLARK STREET, CHICAGO IL 60054
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Ep Dif Cayman I Lp 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Core Income Fund Lp 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Cif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Dif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Sean Michael Gleason other: Sub-Adviser Inv Comm Member 250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177
Philip G Franklin other: Trustee C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Andrew David Gordon other: Sub-Adviser Inv Comm Member 250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177
Scott C Jones other: Trustee C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Maegan Gallagher Boger other: Sub-Adviser Inv Comm Member 250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177

XAI Octagon Floating Rate & Alternativeome Trust Headlines

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