29Metals Past Earnings Performance
Past criteria checks 0/6
29Metals's earnings have been declining at an average annual rate of -65.6%, while the Metals and Mining industry saw earnings growing at 20.7% annually. Revenues have been declining at an average rate of 23.6% per year.
Key information
-65.6%
Earnings growth rate
50.1%
EPS growth rate
| Metals and Mining Industry Growth | 22.3% |
| Revenue growth rate | -23.6% |
| Return on equity | -77.0% |
| Net Margin | -53.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Is 29Metals (ASX:29M) Using Debt In A Risky Way?
Oct 23
There 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 12Be Wary Of 29Metals (ASX:29M) And Its Returns On Capital
Sep 07Revenue & 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 24 | 458 | -243 | 84 | 0 |
| 31 Mar 24 | 454 | -342 | 112 | 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 65.6% 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 (3.9%).
Return on Equity
High ROE: 29M has a negative Return on Equity (-76.98%), as it is currently unprofitable.