29Metals Past Earnings Performance

Past criteria checks 0/6

29Metals's earnings have been declining at an average annual rate of -54%, while the Metals and Mining industry saw earnings growing at 19.8% annually. Revenues have been growing at an average rate of 1.3% per year.

Key information

-54.0%

Earnings growth rate

-713.8%

EPS growth rate

Metals and Mining Industry Growth22.3%
Revenue growth rate1.3%
Return on equity-104.3%
Net Margin-97.9%
Next Earnings Update23 Apr 2024

Recent past performance updates

Recent updates

Is 29Metals (ASX:29M) Using Too Much Debt?

Mar 24
Is 29Metals (ASX:29M) Using Too Much Debt?

Benign Growth For 29Metals Limited (ASX:29M) Underpins Stock's 33% Plummet

Feb 27
Benign Growth For 29Metals Limited (ASX:29M) Underpins Stock's 33% Plummet

29Metals Limited (ASX:29M) Just Released Its Annual Results And Analysts Are Updating Their Estimates

Feb 26
29Metals Limited (ASX:29M) Just Released Its Annual Results And Analysts Are Updating Their Estimates

An Intrinsic Calculation For 29Metals Limited (ASX:29M) Suggests It's 48% Undervalued

May 12
An Intrinsic Calculation For 29Metals Limited (ASX:29M) Suggests It's 48% Undervalued

Be Wary Of 29Metals (ASX:29M) And Its Returns On Capital

Sep 07
Be Wary Of 29Metals (ASX:29M) And Its Returns On Capital

Revenue & Expenses Breakdown
Beta

How 29Metals makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:29M Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 23450-4401400
30 Sep 23525-397880
30 Jun 23599-354370
31 Mar 23660-201350
31 Dec 22721-47340
30 Sep 2274937320
30 Jun 22776121300
31 Mar 22689121240
31 Dec 21601121190
31 Dec 20434050
31 Dec 1965782190
31 Dec 1852518190

Quality Earnings: 29M is currently unprofitable.

Growing Profit Margin: 29M is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 29M is unprofitable, and losses have increased over the past 5 years at a rate of 54% per year.

Accelerating Growth: Unable to compare 29M's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 29M is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22%).


Return on Equity

High ROE: 29M has a negative Return on Equity (-104.29%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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