Synlait Milk Past Earnings Performance

Past criteria checks 0/6

Synlait Milk's earnings have been declining at an average annual rate of -56.4%, while the Food industry saw earnings growing at 16.2% annually. Revenues have been growing at an average rate of 6.6% per year.

Key information

-56.4%

Earnings growth rate

-57.8%

EPS growth rate

Food Industry Growth	5.9%
Revenue growth rate	6.6%
Return on equity	-12.2%
Net Margin	-6.4%
Next Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Synlait Milk makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ASX:SM1 Revenue, expenses and earnings (NZD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Jan 24	1,341	-86	111
31 Oct 23	1,331	-50	110
31 Jul 23	1,321	-14	110
30 Apr 23	1,622	6	116
31 Jan 23	1,239	14	88
31 Oct 22	1,318	27	83
31 Jul 22	1,397	40	78
30 Apr 22	1,577	16	90
31 Jan 22	1,494	-7	89
31 Oct 21	1,431	-18	89
31 Jul 21	1,367	-28	89
30 Apr 21	1,387	13	87
31 Jan 21	1,407	54	86
31 Oct 20	1,354	64	83
31 Jul 20	1,302	74	81
30 Apr 20	1,207	73	74
31 Jan 20	1,113	71	68
31 Oct 19	1,068	77	65
31 Jul 19	1,024	82	62
30 Apr 19	967	76	61
31 Jan 19	911	71	59
31 Oct 18	895	73	57
31 Jul 18	879	75	54
30 Apr 18	894	72	51
31 Jan 18	910	70	47
31 Oct 17	834	55	46
31 Jul 17	759	40	45
30 Apr 17	691	37	44
31 Jan 17	622	35	43
31 Oct 16	584	35	41
31 Jul 16	547	34	38
30 Apr 16	505	31	32
31 Jan 16	464	27	25
31 Oct 15	456	19	27
31 Jul 15	448	11	29
30 Apr 15	481	6	36
31 Jan 15	513	1	44
31 Oct 14	557	10	44
31 Jul 14	601	20	44
30 Apr 14	564	18	43
31 Jan 14	528	17	41
31 Oct 13	474	14	40
31 Jul 13	420	12	38
30 Apr 13	399	10	37

Quality Earnings: SM1 is currently unprofitable.

Growing Profit Margin: SM1 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SM1 is unprofitable, and losses have increased over the past 5 years at a rate of 56.4% per year.

Accelerating Growth: Unable to compare SM1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SM1 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (270.8%).

Return on Equity

High ROE: SM1 has a negative Return on Equity (-12.24%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Synlait Milk Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First half 2024 earnings released: NZ$0.32 loss per share (vs NZ$0.006 profit in 1H 2023)

Synlait Milk Limited to Report First Half, 2024 Results on Apr 02, 2024

Synlait Milk Limited to Report Fiscal Year 2024 Results on Sep 30, 2024

Full year 2023 earnings released: NZ$0.065 loss per share (vs NZ$0.18 profit in FY 2022)

First half 2023 earnings released: EPS: NZ$0.022 (vs NZ$0.13 in 1H 2022)

Synlait Milk Limited to Report First Half, 2023 Results on Mar 27, 2023

Recent updates

First half 2024 earnings released: NZ$0.32 loss per share (vs NZ$0.006 profit in 1H 2023)

Now 21% overvalued

Synlait Milk Limited to Report First Half, 2024 Results on Apr 02, 2024

Synlait Milk Limited Announces Board Appointments

Synlait Announces Smaller Executive Leadership Team

Synlait Milk Limited Announces Board Changes

Now 25% overvalued

New minor risk - Market cap size

Synlait Milk Limited Announces Resignation of Liu Ruibing (Ryan) as Director

New major risk - Revenue and earnings growth

Synlait Milk Limited to Report Fiscal Year 2024 Results on Sep 30, 2024

Synlait Milk Limited Announces Board Changes

Synlait Milk Limited Enters into Confidential Binding Arbitration Process with The a2 Milk Company Limited

Full year 2023 earnings released: NZ$0.065 loss per share (vs NZ$0.18 profit in FY 2022)

Synlait Milk Limited Reaffirms Earnings Guidance for Its Full Year 2023

Synlait Milk Limited Appoints Glenn Laing as Director of Manufacturing Appointed

Synlait Milk Limited Announces Executive Changes, Effective 19 June 2023

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 28%

First half 2023 earnings released: EPS: NZ$0.022 (vs NZ$0.13 in 1H 2022)

Investor sentiment deteriorates as stock falls 17%

Synlait Milk Limited to Report First Half, 2023 Results on Mar 27, 2023

Synlait Milk Limited Appoints Abby Ye as President China and Director of Foodservice, Effective 1 March 2023

Now 21% undervalued

Synlait Milk Limited to Report Fiscal Year 2023 Results on Sep 25, 2023

Synlait Milk Limited Announces Board Changes

Synlait Milk Limited Announces Resignation of Boyd Williams as Director of People & Culture

Investor sentiment improved over the past week

Synlait Milk Limited Announces Board Changes

Less than half of directors are independent

Synlait Milk Limited Announces Directors Changes, Effective 2 December 2022

Synlait Milk Limited Appoint New Executive Leadership Team, Effective from 16 January 2023

Full year 2022 earnings: EPS exceeds analyst expectations

Synlait Milk Limited Completes Phase 1 of Off-Farm Decarbonisation Roadmap

Hamish Reid Decides to Leave the Board of Synlait Milk Limited

Synlait Milk Limited Announces Management Changes, Effective September 1, 2022

Synlait Milk Limited Announces Management Changes

Synlait Milk Limited Announces Resignation of Deborah Marris as Director, Legal, Risk and Governance

Now 24% undervalued after recent price drop

Less than half of directors are independent

Synlait Milk Limited, Annual General Meeting, Dec 02, 2022

First half 2022 earnings released

Synlait Milk Limited to Report First Half, 2022 Results on Apr 01, 2022

Synlait Milk Limited Announces Board Changes

Director Min Ben has left the company

Full year 2021 earnings released: NZ$0.14 loss per share (vs NZ$0.42 profit in FY 2020)

Investor sentiment improved over the past week

Synlait Milk Limited Announces Earnings Guidance for the Fiscal Year 2021

Synlait Milk Limited Withdraws Guidance for the Full Year of 2021

Investor sentiment deteriorated over the past week

New 90-day low: AU$3.96

Synlait Milk Limited to Report First Half, 2021 Results on Mar 29, 2021

New 90-day low: AU$4.32

New 90-day low: AU$4.48

The Supreme Court of New Zealand Releases Judgment Regarding the Historic Covenants at Synlait's Pokeno Site

New 90-day low: AU$4.70

Synlait Milk Limited Appoints Simon Robertson as Director

Insider recently sold AU$52k worth of stock

Synlait Milk Limited has completed a Follow-on Equity Offering in the amount of NZD 180 million.

Synlait Milk Limited Settles Pokeno Land Covenant Legal Dispute

New 90-day low: AU$4.90

New 90-day low - AU$5.45

New 90-day low - AU$5.94

New 90-day low - AU$6.39

Synlait Milk Limited to Report Fiscal Year 2020 Results on Sep 28, 2020

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Revenue & Expenses Breakdown
Beta