29Metals Past Earnings Performance
Past criteria checks 0/6
29Metals's earnings have been declining at an average annual rate of -40.5%, while the Metals and Mining industry saw earnings growing at 11.8% annually. Revenues have been declining at an average rate of 13.6% per year.
Key information
-40.55%
Earnings growth rate
-42.71%
EPS growth rate
| Metals and Mining Industry Growth | 22.33% |
| Revenue growth rate | -13.55% |
| Return on equity | -7.26% |
| Net Margin | -5.72% |
| Next Earnings Update | 28 Jan 2026 |
Recent past performance updates
Recent updates
Is 29Metals (ASX:29M) Using Too Much Debt?
Dec 28
29Metals Limited (ASX:29M) Held Back By Insufficient Growth Even After Shares Climb 36%
Sep 0329Metals Limited (ASX:29M) Held Back By Insufficient Growth Even After Shares Climb 28%
Jul 0729Metals Limited's (ASX:29M) Shares Bounce 41% But Its Business Still Trails The Industry
May 23Why Investors Shouldn't Be Surprised By 29Metals Limited's (ASX:29M) 34% Share Price Plunge
Apr 08Is 29Metals (ASX:29M) Using Too Much Debt?
Apr 06
Development Of Gossan Valley Will Expand Future Production Capacity
Strategic resource expansion projects at Gossan Valley and Golden Grove aim to enhance production flexibility and long-term revenue growth through high-grade ore development.Is 29Metals (ASX:29M) Using Debt In A Risky Way?
Oct 23There Is A Reason 29Metals Limited's (ASX:29M) Price Is Undemanding
Jul 1929Metals Limited (ASX:29M) Surges 36% Yet Its Low P/S Is No Reason For Excitement
Apr 12Is 29Metals (ASX:29M) Using Too Much Debt?
Mar 24Benign Growth For 29Metals Limited (ASX:29M) Underpins Stock's 33% Plummet
Feb 2729Metals Limited (ASX:29M) Just Released Its Annual Results And Analysts Are Updating Their Estimates
Feb 26An Intrinsic Calculation For 29Metals Limited (ASX:29M) Suggests It's 48% Undervalued
May 12Revenue & Expenses Breakdown
How 29Metals makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 25 | 579 | -33 | 34 | 0 |
| 31 Mar 25 | 565 | -105 | 33 | 0 |
| 31 Dec 24 | 551 | -178 | 33 | 0 |
| 30 Sep 24 | 504 | -210 | 28 | 0 |
| 30 Jun 24 | 458 | -243 | 78 | 0 |
| 31 Mar 24 | 454 | -342 | 109 | 0 |
| 31 Dec 23 | 450 | -440 | 140 | 0 |
| 30 Sep 23 | 525 | -397 | 150 | 0 |
| 30 Jun 23 | 599 | -354 | 98 | 0 |
| 31 Mar 23 | 660 | -201 | 66 | 0 |
| 31 Dec 22 | 721 | -47 | 34 | 0 |
| 30 Sep 22 | 749 | 37 | 32 | 0 |
| 30 Jun 22 | 776 | 121 | 30 | 0 |
| 31 Mar 22 | 689 | 121 | 24 | 0 |
| 31 Dec 21 | 601 | 121 | 19 | 0 |
| 31 Dec 20 | 434 | 0 | 5 | 0 |
| 31 Dec 19 | 657 | 82 | 19 | 0 |
| 31 Dec 18 | 525 | 18 | 19 | 0 |
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 40.5% 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 (10.1%).
Return on Equity
High ROE: 29M has a negative Return on Equity (-7.26%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/09 12:26 |
| End of Day Share Price | 2026/01/09 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
29Metals Limited is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Brayshaw | Barrenjoey Markets Pty Limited |
| Daniel Morgan | Barrenjoey Markets Pty Limited |
| Mollie Urquhart | Barrenjoey Markets Pty Limited |