Lake Resources Past Earnings Performance

Past criteria checks 0/6

Lake Resources's earnings have been declining at an average annual rate of -66.8%, while the Metals and Mining industry saw earnings growing at 20.6% annually. Revenues have been growing at an average rate of 81.3% per year.

Key information

-66.8%

Earnings growth rate

-35.8%

EPS growth rate

Metals and Mining Industry Growth22.3%
Revenue growth rate81.3%
Return on equity-53.5%
Net Margin-188.8%
Last Earnings Update31 Dec 2023

Recent past performance updates

No updates

Recent updates

We're A Little Worried About Lake Resources' (ASX:LKE) Cash Burn Rate

Mar 02
We're A Little Worried About Lake Resources' (ASX:LKE) Cash Burn Rate

Lake Resources (ASX:LKE) Will Have To Spend Its Cash Wisely

Nov 07
Lake Resources (ASX:LKE) Will Have To Spend Its Cash Wisely

Will Lake Resources (ASX:LKE) Spend Its Cash Wisely?

Jul 21
Will Lake Resources (ASX:LKE) Spend Its Cash Wisely?

Here's Why We're Watching Lake Resources' (ASX:LKE) Cash Burn Situation

Mar 16
Here's Why We're Watching Lake Resources' (ASX:LKE) Cash Burn Situation

Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans

Sep 02
Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans

Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans

May 19
Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans

Lake Resources (ASX:LKE) Is In A Strong Position To Grow Its Business

Jan 31
Lake Resources (ASX:LKE) Is In A Strong Position To Grow Its Business

Companies Like Lake Resources (ASX:LKE) Can Afford To Invest In Growth

Oct 18
Companies Like Lake Resources (ASX:LKE) Can Afford To Invest In Growth

How Many Lake Resources NL (ASX:LKE) Shares Have Insiders Sold, In The Last Year?

Jan 26
How Many Lake Resources NL (ASX:LKE) Shares Have Insiders Sold, In The Last Year?

Revenue & Expenses Breakdown
Beta

How Lake Resources makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:LKE Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2338-72550
30 Sep 2341-59550
30 Jun 2344-46550
31 Mar 2353-24440
31 Dec 2236-3330
30 Sep 2222-4230
30 Jun 229-6120
31 Mar 225-690
31 Dec 210-650
30 Sep 210-440
30 Jun 210-330
31 Mar 210-430
31 Dec 200-430
30 Sep 200-540
30 Jun 200-540
31 Mar 200-540
31 Dec 190-540
30 Sep 190-430
30 Jun 190-430
31 Mar 190-320
31 Dec 180-320
30 Sep 180-320
30 Jun 180-430
31 Mar 180-330
31 Dec 170-220
30 Sep 170-220
30 Jun 170-110
31 Mar 170-110
31 Dec 160-110
30 Sep 160000
30 Jun 160000
31 Mar 160000
31 Dec 150000
30 Sep 150000
30 Jun 150000
31 Mar 150000
31 Dec 140000
30 Sep 140000
30 Jun 140000
31 Mar 140-300
31 Dec 130-700
30 Sep 130-700
30 Jun 130-700
31 Mar 130-300

Quality Earnings: LKE is currently unprofitable.

Growing Profit Margin: LKE is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LKE is unprofitable, and losses have increased over the past 5 years at a rate of 66.8% per year.

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

Earnings vs Industry: LKE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-21.9%).


Return on Equity

High ROE: LKE has a negative Return on Equity (-53.54%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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