Energy Resources of Australia Past Earnings Performance

Past criteria checks 0/6

Energy Resources of Australia's earnings have been declining at an average annual rate of -54.1%, while the Oil and Gas industry saw earnings growing at 37.9% annually. Revenues have been declining at an average rate of 34.7% per year.

Key information

-54.1%

Earnings growth rate

28.1%

EPS growth rate

Oil and Gas Industry Growth	32.6%
Revenue growth rate	-34.7%
Return on equity	n/a
Net Margin	-3,144.0%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Here's Why Energy Resources of Australia (ASX:ERA) Must Use Its Cash Wisely

Aug 28

Is Energy Resources of Australia (ASX:ERA) In A Good Position To Deliver On Growth Plans?

May 13

We're Keeping An Eye On Energy Resources of Australia's (ASX:ERA) Cash Burn Rate

Feb 06

We're A Little Worried About Energy Resources of Australia's (ASX:ERA) Cash Burn Rate

Oct 06

We're Hopeful That Energy Resources of Australia (ASX:ERA) Will Use Its Cash Wisely

Jan 31

We Think Energy Resources of Australia (ASX:ERA) Can Afford To Drive Business Growth

Jun 25

Energy Resources of Australia's (ASX:ERA) Returns On Capital Are Heading Higher

May 18

Do Its Financials Have Any Role To Play In Driving Energy Resources of Australia Ltd's (ASX:ERA) Stock Up Recently?

Mar 16

Some Confidence Is Lacking In Energy Resources of Australia Ltd (ASX:ERA) As Shares Slide 26%

Feb 18

Will the Promising Trends At Energy Resources of Australia (ASX:ERA) Continue?

Feb 17

Here's What We Learned About The CEO Pay At Energy Resources of Australia Ltd (ASX:ERA)

Dec 15

Revenue & Expenses Breakdown

How Energy Resources of Australia makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ASX:ERA Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	38	-1,203	12
31 Mar 24	36	-1,296	13
31 Dec 23	34	-1,388	14
30 Sep 23	28	-923	18
30 Jun 23	21	-458	21
31 Mar 23	38	-309	22
31 Dec 22	55	-161	22
30 Sep 22	122	-420	23
30 Jun 22	188	-679	24
31 Mar 22	195	-664	26
31 Dec 21	201	-650	29
30 Sep 21	170	-342	50
30 Jun 21	139	-34	72
31 Mar 21	197	-11	94
31 Dec 20	255	11	116
30 Sep 20	238	4	118
30 Jun 20	222	-3	121
31 Mar 20	229	2	122
31 Dec 19	236	6	123
30 Sep 19	236	-151	122
30 Jun 19	236	-308	121
31 Mar 19	226	-371	124
31 Dec 18	216	-435	128
30 Sep 18	227	-274	128
30 Jun 18	239	-112	128
31 Mar 18	240	-78	128
31 Dec 17	240	-44	128
30 Sep 17	268	-64	129
30 Jun 17	296	-84	130
31 Mar 17	295	-178	136
31 Dec 16	295	-271	141
30 Sep 16	314	-244	148
30 Jun 16	333	-217	154
31 Mar 16	341	-246	154
31 Dec 15	348	-275	154
30 Sep 15	379	-296	173
30 Jun 15	410	-316	192
31 Mar 15	406	-252	211
31 Dec 14	402	-188	229
30 Sep 14	403	-199	226
30 Jun 14	404	-209	222
31 Mar 14	387	-173	208
31 Dec 13	370	-136	194

Quality Earnings: ERA is currently unprofitable.

Growing Profit Margin: ERA is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ERA is unprofitable, and losses have increased over the past 5 years at a rate of 54.1% per year.

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

Earnings vs Industry: ERA is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-48%).

Return on Equity

High ROE: ERA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Energy Resources of Australia Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released

First half 2023 earnings released: AU$0.015 loss per share (vs AU$0.009 loss in 1H 2022)

Energy Resources of Australia Ltd to Report First Half, 2023 Results on Aug 31, 2023

Full year 2022 earnings released: AU$0.043 loss per share (vs AU$0.18 loss in FY 2021)

First half 2022 earnings released: AU$0.009 loss per share (vs AU$0.001 loss in 1H 2021)

Energy Resources of Australia Ltd to Report First Half, 2022 Results on Jul 28, 2022

Recent updates

Rio Tinto Limited proposed to acquire remaining 2% stake in Energy Resources of Australia Ltd (ASX:ERA) for AUD 0.88 million.

Rio Tinto Limited proposed to acquire remaining 2% stake in Energy Resources of Australia Ltd (ASX:ERA) for AUD 0.88 million.

Energy Resources of Australia Ltd has filed a Follow-on Equity Offering in the amount of $400 million.

New minor risk - Market cap size

Here's Why Energy Resources of Australia (ASX:ERA) Must Use Its Cash Wisely

Is Energy Resources of Australia (ASX:ERA) In A Good Position To Deliver On Growth Plans?

Full year 2023 earnings released

Energy Resources of Australia Ltd, Annual General Meeting, Apr 24, 2024

We're Keeping An Eye On Energy Resources of Australia's (ASX:ERA) Cash Burn Rate

New minor risk - Share price stability

Energy Resources of Australia Ltd Announces Resignation of Jacques Van Tonder as Non-Executive Director, effective 31 December 2023

We're A Little Worried About Energy Resources of Australia's (ASX:ERA) Cash Burn Rate

First half 2023 earnings released: AU$0.015 loss per share (vs AU$0.009 loss in 1H 2022)

Energy Resources of Australia Ltd to Report First Half, 2023 Results on Aug 31, 2023

Full year 2022 earnings released: AU$0.043 loss per share (vs AU$0.18 loss in FY 2021)

Energy Resources of Australia Ltd Announces Executive Changes

Energy Resources of Australia Announces the Appointment of Stuart Glenn as an Independent Non-Executive Director

Energy Resources of Australia Ltd Announces Board Changes

We're Hopeful That Energy Resources of Australia (ASX:ERA) Will Use Its Cash Wisely

Energy Resources of Australia Ltd, Annual General Meeting, Apr 27, 2023

Energy Resources of Australia Ltd Appoints Hon Kenneth (Ken) Wyatt Am as Independent Non-Executive Director

Energy Resources of Australia Ltd Announces Appointment of Mr. Richard (Rick) Dennis as Independent Non-Executive Director

No independent directors

Energy Resources of Australia Ltd Announces Executive Resignations

Energy Resources of Australia's Chairman, Two Directors, Will Resign After Pressure from Rio Tinto and Traditional Owners

First half 2022 earnings released: AU$0.009 loss per share (vs AU$0.001 loss in 1H 2021)

Energy Resources of Australia Ltd to Report First Half, 2022 Results on Jul 28, 2022

We Think Energy Resources of Australia (ASX:ERA) Can Afford To Drive Business Growth

Less than half of directors are independent

Less than half of directors are independent

Full year 2021 earnings: Revenues in line with analyst expectations

Energy Resources of Australia Ltd, Annual General Meeting, Apr 27, 2022

Energy Resources of Australia Announces the Appointment of Brad Welsh as Chief Executive

Energy Resources of Australia Ltd Appoints Rosemary Fagen as Non-Executive Director

MD & CEO Paul Arnold has left the company

First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.015 profit in 1H 2020)

Energy Resources of Australia's (ASX:ERA) Returns On Capital Are Heading Higher

Non Executive Director has left the company

Do Its Financials Have Any Role To Play In Driving Energy Resources of Australia Ltd's (ASX:ERA) Stock Up Recently?

Chief Financial Officer has left the company

Full year 2020 earnings released: EPS AU$0.004 (vs AU$0.012 in FY 2019)

Energy Resources of Australia Ltd Announces Executive Changes

Some Confidence Is Lacking In Energy Resources of Australia Ltd (ASX:ERA) As Shares Slide 26%

Will the Promising Trends At Energy Resources of Australia (ASX:ERA) Continue?

Full year 2020 earnings released: EPS AU$0.003 (vs AU$0.012 in FY 2019)

Pilot Energy Limited (ASX:PGY) acquired remaining 40% stake in South Perth Basin onshore petroleum exploration Permits EP 416 and EP 480 from Energy Resources of Australia Ltd (ASX:ERA) for AUD 2.

Here's What We Learned About The CEO Pay At Energy Resources of Australia Ltd (ASX:ERA)

New 90-day high: AU$0.21

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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