Legacy Iron Ore Limited

ASX:LCY Stock Report

Market Cap: AU$48.8m

Legacy Iron Ore Past Earnings Performance

Past criteria checks 0/6

Legacy Iron Ore's earnings have been declining at an average annual rate of -51.3%, while the Metals and Mining industry saw earnings growing at 15.2% annually. Revenues have been growing at an average rate of 81.5% per year.

Key information

-51.34%

Earnings growth rate

-47.45%

EPS growth rate

Metals and Mining Industry Growth22.33%
Revenue growth rate81.46%
Return on equity-1.93%
Net Margin-0.63%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article Apr 17

Will Legacy Iron Ore (ASX:LCY) Spend Its Cash Wisely?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jul 07

There Is A Reason Legacy Iron Ore Limited's (ASX:LCY) Price Is Undemanding

With a price-to-sales (or "P/S") ratio of 2x Legacy Iron Ore Limited ( ASX:LCY ) may be sending very bullish signals at...
Analysis Article Mar 10

Legacy Iron Ore Limited's (ASX:LCY) Shares Lagging The Industry But So Is The Business

With a price-to-sales (or "P/S") ratio of 3.7x Legacy Iron Ore Limited ( ASX:LCY ) may be sending very bullish signals...
Analysis Article Nov 22

Benign Growth For Legacy Iron Ore Limited (ASX:LCY) Underpins Its Share Price

You may think that with a price-to-sales (or "P/S") ratio of 3.4x Legacy Iron Ore Limited ( ASX:LCY ) is definitely a...
Analysis Article Aug 15

Companies Like Legacy Iron Ore (ASX:LCY) Are In A Position To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article Apr 28

We're Not Very Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article Jan 04

Companies Like Legacy Iron Ore (ASX:LCY) Are In A Position To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Sep 08

We Think Legacy Iron Ore (ASX:LCY) Can Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. By way of example, Legacy Iron Ore...
Analysis Article May 04

We're Not Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jan 08

We're Not Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn

Just because a business does not make any money, does not mean that the stock will go down. For example, Legacy Iron...

Revenue & Expenses Breakdown

How Legacy Iron Ore makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:LCY Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2689-1910
31 Dec 2572-7780
30 Sep 2556-13640
30 Jun 2550-21630
31 Mar 2543-28610
31 Dec 2436-28550
30 Sep 2429-28500
30 Jun 2415-19310
31 Mar 242-10120
31 Dec 231-470
30 Sep 230110
30 Jun 230210
31 Mar 230210
31 Dec 220210
30 Sep 220210
30 Jun 220010
31 Mar 220-110
31 Dec 210-110
30 Sep 210-110
30 Jun 210-110
31 Mar 210-110
31 Dec 200-110
30 Sep 200-110
30 Jun 200-110
31 Mar 200-110
31 Dec 190-110
30 Sep 190-110
30 Jun 190-110
31 Mar 190-110
31 Dec 180-110
30 Sep 180-110
30 Jun 180-110
31 Mar 180-110
31 Dec 170-110
30 Sep 170-110
30 Jun 170-110
31 Mar 170-110
31 Dec 160-110
30 Sep 160-110
30 Jun 160-110
31 Mar 160-110

Quality Earnings: LCY is currently unprofitable.

Growing Profit Margin: LCY is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LCY is unprofitable, and losses have increased over the past 5 years at a rate of 51.3% per year.

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

Earnings vs Industry: LCY is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (59.9%).


Return on Equity

High ROE: LCY has a negative Return on Equity (-1.93%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/17 04:00
End of Day Share Price 2026/07/16 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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.

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 Github.

Analyst Sources

Legacy Iron Ore Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.