Ionic Rare Earths Future Growth
Future criteria checks 5/6
Ionic Rare Earths is forecast to grow earnings and revenue by 64% and 55.5% per annum respectively. EPS is expected to grow by 67.5% per annum. Return on equity is forecast to be -8% in 3 years.
Key information
64.0%
Earnings growth rate
67.5%
EPS growth rate
Metals and Mining earnings growth | 13.2% |
Revenue growth rate | 55.5% |
Future return on equity | -8.0% |
Analyst coverage | Low |
Last updated | 21 Mar 2024 |
Recent future growth updates
Recent updates
Here's Why We're Watching Ionic Rare Earths' (ASX:IXR) Cash Burn Situation
Jun 01Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans
Feb 02Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans
Oct 18We're Hopeful That Ionic Rare Earths (ASX:IXR) Will Use Its Cash Wisely
Jul 01Is Ionic Rare Earths (ASX:IXR) In A Good Position To Deliver On Growth Plans?
Mar 09Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
6/30/2026 | 83 | 21 | -30 | -9 | 3 |
6/30/2025 | 9 | -8 | -73 | -2 | 2 |
6/30/2024 | N/A | -3 | -12 | -6 | 2 |
12/31/2023 | 3 | -19 | -19 | -20 | N/A |
9/30/2023 | 3 | -14 | -16 | -16 | N/A |
6/30/2023 | 3 | -9 | -14 | -12 | N/A |
3/31/2023 | 2 | -7 | -15 | -9 | N/A |
12/31/2022 | 0 | -5 | -16 | -6 | N/A |
9/30/2022 | 0 | -5 | -15 | -5 | N/A |
6/30/2022 | 0 | -5 | -13 | -4 | N/A |
3/31/2022 | 0 | -4 | -11 | -3 | N/A |
12/31/2021 | 0 | -4 | -9 | -2 | N/A |
9/30/2021 | 0 | -3 | -7 | -2 | N/A |
6/30/2021 | 0 | -2 | -4 | -1 | N/A |
3/31/2021 | 0 | -2 | -3 | -1 | N/A |
12/31/2020 | N/A | -2 | -1 | -1 | N/A |
9/30/2020 | N/A | -1 | -1 | -1 | N/A |
6/30/2020 | N/A | -1 | -1 | -1 | N/A |
3/31/2020 | 0 | -2 | -1 | -1 | N/A |
12/31/2019 | 0 | -2 | -1 | -1 | N/A |
9/30/2019 | 0 | -1 | -1 | -1 | N/A |
6/30/2019 | 0 | -1 | -1 | -1 | N/A |
3/31/2019 | 0 | -1 | -1 | -1 | N/A |
12/31/2018 | 0 | -2 | -1 | -1 | N/A |
9/30/2018 | 0 | -2 | -2 | -2 | N/A |
6/30/2018 | 0 | -2 | -2 | -2 | N/A |
3/31/2018 | 0 | -2 | -1 | -1 | N/A |
12/31/2017 | 0 | -1 | -1 | -1 | N/A |
9/30/2017 | 0 | -1 | N/A | -1 | N/A |
6/30/2017 | 0 | -1 | N/A | -1 | N/A |
3/31/2017 | 0 | -1 | N/A | -1 | N/A |
12/31/2016 | 0 | -1 | N/A | -1 | N/A |
9/30/2016 | 0 | -1 | N/A | -1 | N/A |
6/30/2016 | 0 | -1 | N/A | -1 | N/A |
12/31/2015 | N/A | -1 | N/A | -1 | N/A |
9/30/2015 | N/A | -1 | N/A | -1 | N/A |
6/30/2015 | N/A | -2 | N/A | -1 | N/A |
12/31/2014 | N/A | -1 | N/A | -1 | N/A |
9/30/2014 | N/A | -1 | N/A | -2 | N/A |
6/30/2014 | N/A | -1 | N/A | -2 | N/A |
3/31/2014 | N/A | -2 | N/A | -2 | N/A |
12/31/2013 | N/A | -2 | N/A | -2 | N/A |
9/30/2013 | N/A | -3 | N/A | -2 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IXR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: IXR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IXR is expected to become profitable in the next 3 years.
Revenue vs Market: IXR's revenue (55.5% per year) is forecast to grow faster than the Australian market (4.7% per year).
High Growth Revenue: IXR's revenue (55.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IXR is forecast to be unprofitable in 3 years.