Alkane Resources Past Earnings Performance
Past criteria checks 1/6
Alkane Resources has been growing earnings at an average annual rate of 17.9%, while the Metals and Mining industry saw earnings growing at 19.8% annually. Revenues have been growing at an average rate of 17.3% per year. Alkane Resources's return on equity is 9.5%, and it has net margins of 16.2%.
Key information
17.9%
Earnings growth rate
14.8%
EPS growth rate
| Metals and Mining Industry Growth | 22.3% |
| Revenue growth rate | 17.3% |
| Return on equity | 9.5% |
| Net Margin | 16.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
We Think Some Shareholders May Hesitate To Increase Alkane Resources Limited's (ASX:ALK) CEO Compensation
Nov 14
Increases to CEO Compensation Might Be Put On Hold For Now at Alkane Resources Limited (ASX:ALK)
Nov 21We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Alkane Resources Limited's (ASX:ALK) CEO For Now
Nov 10These 4 Measures Indicate That Alkane Resources (ASX:ALK) Is Using Debt Reasonably Well
Mar 25How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?
Mar 07Does Alkane Resources' (ASX:ALK) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 18What Can We Conclude About Alkane Resources' (ASX:ALK) CEO Pay?
Feb 02Shareholders of Alkane Resources (ASX:ALK) Must Be Delighted With Their 370% Total Return
Jan 18
What Kind Of Investors Own Most Of Alkane Resources Limited (ASX:ALK)?
Jan 03Alkane Resources Limited's (ASX:ALK) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Dec 19How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?
Dec 06Here's Why Alkane Resources (ASX:ALK) Can Manage Its Debt Responsibly
Nov 23Subdued Growth No Barrier To Alkane Resources Limited's (ASX:ALK) Price
Jul 06Revenue & Expenses BreakdownBeta
How Alkane Resources 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 |
|---|---|---|---|---|
| 31 Dec 23 | 186 | 30 | 10 | 0 |
| 30 Sep 23 | 188 | 36 | 11 | 0 |
| 30 Jun 23 | 191 | 42 | 11 | 0 |
| 31 Mar 23 | 186 | 44 | 11 | 0 |
| 31 Dec 22 | 182 | 46 | 11 | 0 |
| 30 Sep 22 | 173 | 58 | 10 | 0 |
| 30 Jun 22 | 165 | 70 | 10 | 0 |
| 31 Dec 21 | 139 | 65 | 10 | 0 |
| 30 Sep 21 | 134 | 50 | 10 | 0 |
| 30 Jun 21 | 128 | 34 | 11 | 0 |
| 31 Dec 20 | 104 | 22 | 12 | 0 |
| 30 Sep 20 | 88 | 18 | 11 | 0 |
| 30 Jun 20 | 73 | 13 | 10 | 0 |
| 31 Dec 19 | 74 | 19 | 1 | 0 |
| 30 Sep 19 | 83 | 21 | 1 | 0 |
| 30 Jun 19 | 93 | 23 | 1 | 0 |
| 31 Mar 19 | 109 | 23 | 7 | 0 |
| 31 Dec 18 | 124 | 23 | 7 | 0 |
| 30 Sep 18 | 127 | 24 | 7 | 0 |
| 30 Jun 18 | 130 | 24 | 7 | 0 |
| 31 Mar 18 | 135 | 18 | 7 | 0 |
| 31 Dec 17 | 139 | 12 | 7 | 0 |
| 30 Sep 17 | 129 | -8 | 7 | 0 |
| 30 Jun 17 | 118 | -29 | 6 | 0 |
| 31 Mar 17 | 105 | -29 | 7 | 0 |
| 31 Dec 16 | 91 | -29 | 7 | 0 |
| 30 Sep 16 | 100 | -12 | 7 | 0 |
| 30 Jun 16 | 110 | 5 | 7 | 0 |
| 31 Mar 16 | 105 | 2 | 7 | 0 |
| 31 Dec 15 | 101 | -1 | 7 | 0 |
| 30 Sep 15 | 102 | -3 | 7 | 0 |
| 30 Jun 15 | 102 | -4 | 7 | 0 |
| 31 Mar 15 | 92 | -5 | 7 | 0 |
| 31 Dec 14 | 82 | -7 | 7 | 0 |
| 30 Sep 14 | 54 | -7 | 6 | 0 |
| 30 Jun 14 | 25 | -6 | 6 | 0 |
| 30 Jun 13 | 3 | -133 | 4 | 0 |
Quality Earnings: ALK has a high level of non-cash earnings.
Growing Profit Margin: ALK's current net profit margins (16.2%) are lower than last year (25.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ALK's earnings have grown by 17.9% per year over the past 5 years.
Accelerating Growth: ALK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ALK had negative earnings growth (-35%) over the past year, making it difficult to compare to the Metals and Mining industry average (-22%).
Return on Equity
High ROE: ALK's Return on Equity (9.5%) is considered low.