Ionic Rare Earths Limited

ASX:IXR Stock Report

Market Cap: AU$53.1m

Ionic Rare Earths Past Earnings Performance

Past criteria checks 0/6

Ionic Rare Earths's earnings have been declining at an average annual rate of -53.2%, while the Metals and Mining industry saw earnings growing at 20.2% annually. Revenues have been growing at an average rate of 82.6% per year.

Key information

-53.2%

Earnings growth rate

-31.6%

EPS growth rate

Metals and Mining Industry Growth22.3%
Revenue growth rate82.6%
Return on equity-54.5%
Net Margin-586.1%
Last Earnings Update31 Dec 2023

Recent past performance updates

No updates

Recent updates

Here's Why We're Watching Ionic Rare Earths' (ASX:IXR) Cash Burn Situation

Jun 01
Here's Why We're Watching Ionic Rare Earths' (ASX:IXR) Cash Burn Situation

Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans

Feb 02
Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans

Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans

Oct 18
Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans

We're Hopeful That Ionic Rare Earths (ASX:IXR) Will Use Its Cash Wisely

Jul 01
We're Hopeful That Ionic Rare Earths (ASX:IXR) Will Use Its Cash Wisely

Is Ionic Rare Earths (ASX:IXR) In A Good Position To Deliver On Growth Plans?

Mar 09
Is Ionic Rare Earths (ASX:IXR) In A Good Position To Deliver On Growth Plans?

Revenue & Expenses Breakdown

How Ionic Rare Earths makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:IXR Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 233-19191
30 Sep 233-14151
30 Jun 233-9101
31 Mar 232-781
31 Dec 220-550
30 Sep 220-550
30 Jun 220-550
31 Mar 220-440
31 Dec 210-440
30 Sep 210-330
30 Jun 210-220
31 Mar 210-220
31 Dec 200-210
30 Sep 200-110
30 Jun 200-110
31 Mar 200-220
31 Dec 190-220
30 Sep 190-110
30 Jun 190-110
31 Mar 190-120
31 Dec 180-220
30 Sep 180-220
30 Jun 180-220
31 Mar 180-220
31 Dec 170-110
30 Sep 170-110
30 Jun 170-110
31 Mar 170-110
31 Dec 160-110
30 Sep 160-110
30 Jun 160-110
31 Dec 150-110
30 Sep 150-110
30 Jun 150-210
31 Dec 140-110
30 Sep 140-110
30 Jun 140-110
31 Mar 140-210
31 Dec 130-210

Quality Earnings: IXR is currently unprofitable.

Growing Profit Margin: IXR is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: IXR is unprofitable, and losses have increased over the past 5 years at a rate of 53.2% per year.

Accelerating Growth: Unable to compare IXR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IXR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22%).


Return on Equity

High ROE: IXR has a negative Return on Equity (-54.48%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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