Horizon Minerals Past Earnings Performance
Past criteria checks 0/6
Horizon Minerals's earnings have been declining at an average annual rate of -45.1%, while the Metals and Mining industry saw earnings growing at 19.3% annually. Revenues have been declining at an average rate of 16.8% per year.
Key information
-45.1%
Earnings growth rate
-38.5%
EPS growth rate
| Metals and Mining Industry Growth | 22.3% |
| Revenue growth rate | -16.8% |
| Return on equity | -3.7% |
| Net Margin | -43.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Would Horizon Minerals (ASX:HRZ) Be Better Off With Less Debt?
Apr 04
Is Horizon Minerals (ASX:HRZ) Using Too Much Debt?
Dec 01Is Horizon Minerals (ASX:HRZ) A Risky Investment?
Jun 29We Think Horizon Minerals (ASX:HRZ) Has A Fair Chunk Of Debt
Mar 15Why Horizon Minerals' (ASX:HRZ) Earnings Are Better Than They Seem
Sep 16Does Horizon Minerals (ASX:HRZ) Have A Healthy Balance Sheet?
Jun 21Does Horizon Minerals (ASX:HRZ) Have A Healthy Balance Sheet?
Mar 03Revenue & Expenses Breakdown
How Horizon Minerals 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 | 3 | -1 | 5 | 0 |
| 30 Sep 23 | 2 | -1 | 5 | 0 |
| 30 Jun 23 | 0 | -1 | 6 | 0 |
| 31 Mar 23 | 1 | -16 | 6 | 0 |
| 31 Dec 22 | 1 | -30 | 5 | 0 |
| 30 Sep 22 | 2 | -29 | 5 | 0 |
| 30 Jun 22 | 3 | -28 | 5 | 0 |
| 31 Mar 22 | 5 | -12 | 4 | 0 |
| 31 Dec 21 | 6 | 4 | 3 | 0 |
| 30 Sep 21 | 12 | 3 | 3 | 0 |
| 30 Jun 21 | 18 | 2 | 2 | 0 |
| 31 Mar 21 | 16 | 2 | 2 | 0 |
| 31 Dec 20 | 14 | 1 | 2 | 0 |
| 30 Sep 20 | 7 | 1 | 2 | 0 |
| 30 Jun 20 | 0 | 1 | 2 | 0 |
| 31 Mar 20 | 0 | 0 | 2 | 0 |
| 31 Dec 19 | 0 | 0 | 1 | 0 |
| 30 Sep 19 | 0 | -2 | 1 | 0 |
| 30 Jun 19 | 0 | -3 | 1 | 0 |
| 31 Mar 19 | 8 | -1 | 2 | 0 |
| 31 Dec 18 | 16 | 1 | 2 | 0 |
| 30 Sep 18 | 21 | 2 | 2 | 0 |
| 30 Jun 18 | 27 | 4 | 1 | 0 |
| 31 Mar 18 | 24 | 3 | 1 | 0 |
| 31 Dec 17 | 22 | 3 | 1 | 0 |
| 30 Sep 17 | 16 | 1 | 1 | 0 |
| 30 Jun 17 | 10 | 0 | 1 | 0 |
| 31 Mar 17 | 5 | -2 | 1 | 0 |
| 31 Dec 16 | 0 | -3 | 0 | 0 |
| 30 Sep 16 | 0 | -3 | 0 | 0 |
| 30 Jun 16 | 0 | -3 | 0 | 0 |
| 31 Mar 16 | 0 | -1 | 0 | 0 |
| 31 Dec 15 | 0 | 0 | 0 | 0 |
| 30 Sep 15 | 0 | 0 | 0 | 0 |
| 30 Jun 15 | 0 | -1 | 0 | 0 |
| 31 Mar 15 | 0 | -1 | 0 | 0 |
| 31 Dec 14 | 0 | -1 | 0 | 0 |
| 30 Sep 14 | 0 | 1 | 0 | 0 |
| 30 Jun 14 | 0 | 3 | 0 | 0 |
| 31 Mar 14 | 0 | 1 | 1 | 0 |
| 31 Dec 13 | 0 | -1 | 1 | 0 |
| 30 Sep 13 | 0 | -1 | 1 | 0 |
Quality Earnings: HRZ is currently unprofitable.
Growing Profit Margin: HRZ is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HRZ is unprofitable, and losses have increased over the past 5 years at a rate of 45.1% per year.
Accelerating Growth: Unable to compare HRZ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HRZ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22%).
Return on Equity
High ROE: HRZ has a negative Return on Equity (-3.66%), as it is currently unprofitable.