European Lithium Future Growth

Future criteria checks 0/6

European Lithium is forecast to grow earnings and revenue by 45.8% and 82.9% per annum respectively.

Key information

45.8%

Earnings growth rate

n/a

EPS growth rate

Metals and Mining earnings growth	13.2%
Revenue growth rate	82.9%
Future return on equity	n/a
Analyst coverage	Low
Last updated	04 Mar 2024

Recent future growth updates

No updates

Recent updates

European Lithium (ASX:EUR) Is In A Good Position To Deliver On Growth Plans

Apr 03

We're Not Very Worried About European Lithium's (ASX:EUR) Cash Burn Rate

Nov 13

Earnings and Revenue Growth Forecasts

ASX:EUR - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	N/A	-80	-1	-81	1
6/30/2025	N/A	-42	-1	-46	1
6/30/2024	N/A	0	0	-7	1
12/31/2023	0	-8	-7	-7	N/A
9/30/2023	1	-10	-7	-7	N/A
6/30/2023	1	-12	-7	-7	N/A
3/31/2023	1	-13	-8	-8	N/A
12/31/2022	1	-14	-9	-9	N/A
9/30/2022	0	-13	-11	-11	N/A
6/30/2022	0	-12	-12	-12	N/A
3/31/2022	0	-10	-11	-10	N/A
12/31/2021	0	-8	-10	-7	N/A
9/30/2021	0	-6	-8	-5	N/A
6/30/2021	0	-4	-6	-3	N/A
3/31/2021	0	-4	-4	-2	N/A
12/31/2020	0	-3	-3	-1	N/A
9/30/2020	0	-3	-3	-1	N/A
6/30/2020	0	-3	-4	-1	N/A
3/31/2020	0	-3	-5	0	N/A
12/31/2019	0	-3	-7	0	N/A
9/30/2019	0	-3	-6	-1	N/A
6/30/2019	0	-3	-6	-2	N/A
3/31/2019	0	-3	-6	-4	N/A
12/31/2018	0	-3	-6	-6	N/A
9/30/2018	0	-2	-6	-6	N/A
6/30/2018	1	-1	-5	-5	N/A
3/31/2018	1	-1	-5	-5	N/A
12/31/2017	1	-1	-5	-5	N/A
9/30/2017	1	-5	N/A	-6	N/A
6/30/2017	1	-8	N/A	-7	N/A
3/31/2017	11	2	N/A	-6	N/A
12/31/2016	21	12	N/A	-4	N/A
9/30/2016	21	16	N/A	-2	N/A
6/30/2016	20	19	N/A	0	N/A
6/30/2015	0	0	N/A	0	N/A
6/30/2014	0	0	N/A	0	N/A
6/30/2013	0	0	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EUR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: EUR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: EUR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: EUR is forecast to have no revenue next year.

High Growth Revenue: EUR is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if EUR's Return on Equity is forecast to be high in 3 years time

European Lithium Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

European Lithium Limited (ASX:EUR) entered into a binding agreement to acquire LRH Resources Limited from Technology Minerals Plc (LSE:TM1) for $10 million.

European Lithium Limited (ASX:EUR) entered into a binding agreement to acquire LRH Resources Limited from Technology Minerals Plc (LSE:TM1) for $10million.

European Lithium Limited has announced a Derivatives Offering in the amount of AUD 0.83361 million.

European Lithium Limited has announced a Derivatives Offering in the amount of AUD 0.83361 million.

First half 2024 earnings released: AU$0.003 loss per share (vs AU$0.005 loss in 1H 2023)

No independent directors

European Lithium Limited, Annual General Meeting, Nov 29, 2023

Full year 2023 earnings released: AU$0.008 loss per share (vs AU$0.011 loss in FY 2022)

New minor risk - Financial data availability

Moosh Ltd signed a binding agreement to acquire E47/4144 exploration tenement from European Lithium Limited (ASX:EUR) for AUD 1 million.

New minor risk - Shareholder dilution

European Lithium Limited (ASX:EUR) Completed the acquisition of Austrian Lithium Projects from Richmond Minerals Inc. (TSXV:RMD).

European Lithium (ASX:EUR) Is In A Good Position To Deliver On Growth Plans

Non-Executive Director exercised options to buy AU$365k worth of stock.

First half 2023 earnings released: AU$0.005 loss per share (vs AU$0.006 loss in 1H 2022)

European Lithium Limited Receives NPV6 Calculation on its 100% Owned Wolfsberg Lithium Project in Austria

European Lithium Limited, Annual General Meeting, Jan 20, 2023

No independent directors

We're Not Very Worried About European Lithium's (ASX:EUR) Cash Burn Rate

European Lithium Limited, Annual General Meeting, Nov 30, 2022

No independent directors

European Lithium Limited Appoints Catherine Grand-Edwards as Joint Company Secretary Effective 24 June 2022

European Lithium Limited Announces Market Update to the Avebury Nickel Project Tasmania

European Lithium Provides Drilling Update

European Lithium Limited announced that it expects to receive AUD 30.000001 million in funding

European Lithium Limited Announces High Quality Battery Grade Lithium Product Results from Wolfsberg Project

European Lithium Limited announced that it expects to receive AUD 6.5 million in funding

European Lithium Limited Announces Phase 2 Drilling Progress Update

European Lithium Limited Provides Update Regarding the Progress of Phase 2 Resource Extension Drilling Program at the Wolfsberg Lithium Project in Austria

European Lithium Limited (ASX:EUR) acquired a 20% stake in Jadar Lithium GmbH from Exchange Minerals Limited for AUD 0.51 million.

European Lithium Limited Announces That Its Phase 2 Resource Extension Drilling Program Was Underway and Update of Progress At the Wolfsberg Lithium

European Lithium Limited, Annual General Meeting, Apr 16, 2021

European Lithium Limited Announces Resource Extension Drilling Underway at Wolfsberg Lithium Project

European Lithium Limited to Commence Resource Extension Drilling at Wolfsberg

European Lithium Limited to Finalise Metallurgical Testwork and Progress DFS for Wolfsberg Lithium Project, Austria

European Lithium Limited announced that it expects to receive AUD 7 million in funding

European Lithium Intends to Withdraw Ordinary Shares from Trading on AQSE Growth Market

European Lithium Limited announced that it has received AUD 2.088 million in funding

Full year earnings released - AU$0.0053 loss per share

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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