Legacy Iron Ore Past Earnings Performance
Past criteria checks 1/6
Legacy Iron Ore has been growing earnings at an average annual rate of 54.3%, while the Metals and Mining industry saw earnings growing at 19.8% annually. Revenues have been declining at an average rate of 28.5% per year. Legacy Iron Ore's return on equity is 5%, and it has net margins of 2724.8%.
Key information
54.3%
Earnings growth rate
65.6%
EPS growth rate
| Metals and Mining Industry Growth | 22.3% |
| Revenue growth rate | -28.5% |
| Return on equity | 5.0% |
| Net Margin | 2,724.8% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Companies Like Legacy Iron Ore (ASX:LCY) Are In A Position To Invest In Growth
Aug 15
We're Not Very Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn Rate
Apr 28Companies Like Legacy Iron Ore (ASX:LCY) Are In A Position To Invest In Growth
Jan 04We Think Legacy Iron Ore (ASX:LCY) Can Afford To Drive Business Growth
Sep 08We're Not Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn
May 04We're Not Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn
Jan 08
Revenue & Expenses BreakdownBeta
How Legacy Iron Ore 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 |
|---|---|---|---|---|
| 30 Sep 23 | 0 | 1 | 1 | 0 |
| 30 Jun 23 | 0 | 2 | 1 | 0 |
| 31 Mar 23 | 0 | 2 | 1 | 0 |
| 31 Dec 22 | 0 | 2 | 1 | 0 |
| 30 Sep 22 | 0 | 2 | 1 | 0 |
| 30 Jun 22 | 0 | 0 | 1 | 0 |
| 31 Mar 22 | 0 | -1 | 1 | 0 |
| 31 Dec 21 | 0 | -1 | 1 | 0 |
| 30 Sep 21 | 0 | -1 | 1 | 0 |
| 30 Jun 21 | 0 | -1 | 1 | 0 |
| 31 Mar 21 | 0 | -1 | 1 | 0 |
| 31 Dec 20 | 0 | -1 | 1 | 0 |
| 30 Sep 20 | 0 | -1 | 1 | 0 |
| 30 Jun 20 | 0 | -1 | 1 | 0 |
| 31 Mar 20 | 0 | -1 | 1 | 0 |
| 31 Dec 19 | 0 | -1 | 1 | 0 |
| 30 Sep 19 | 0 | -1 | 1 | 0 |
| 30 Jun 19 | 0 | -1 | 1 | 0 |
| 31 Mar 19 | 0 | -1 | 1 | 0 |
| 31 Dec 18 | 0 | -1 | 1 | 0 |
| 30 Sep 18 | 0 | -1 | 1 | 0 |
| 30 Jun 18 | 0 | -1 | 1 | 0 |
| 31 Mar 18 | 0 | -1 | 1 | 0 |
| 31 Dec 17 | 0 | -1 | 1 | 0 |
| 30 Sep 17 | 0 | -1 | 1 | 0 |
| 30 Jun 17 | 0 | -1 | 1 | 0 |
| 31 Mar 17 | 0 | -1 | 1 | 0 |
| 31 Dec 16 | 0 | -1 | 1 | 0 |
| 30 Sep 16 | 0 | -1 | 1 | 0 |
| 30 Jun 16 | 0 | -1 | 1 | 0 |
| 31 Mar 16 | 0 | -1 | 1 | 0 |
| 31 Mar 15 | 0 | -5 | 1 | 0 |
| 31 Dec 14 | 0 | -8 | 2 | 0 |
| 30 Sep 14 | 0 | -9 | 2 | 0 |
| 30 Jun 14 | 0 | -10 | 3 | 0 |
| 31 Mar 14 | 0 | -11 | 4 | 0 |
| 31 Dec 13 | 0 | -13 | 5 | 0 |
| 30 Sep 13 | 0 | -12 | 5 | 0 |
| 30 Jun 13 | 0 | -12 | 6 | 0 |
Quality Earnings: LCY has a high level of non-cash earnings.
Growing Profit Margin: Insufficient data to determine if LCY's profit margins have improved over the past year.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LCY has become profitable over the past 5 years, growing earnings by 54.3% per year.
Accelerating Growth: LCY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LCY had negative earnings growth (-26.5%) over the past year, making it difficult to compare to the Metals and Mining industry average (-22%).
Return on Equity
High ROE: LCY's Return on Equity (5%) is considered low.