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 Growth | 22.3% |
Revenue growth rate | 81.3% |
Return on equity | -53.5% |
Net Margin | -188.8% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
We're A Little Worried About Lake Resources' (ASX:LKE) Cash Burn Rate
Mar 02Lake Resources (ASX:LKE) Will Have To Spend Its Cash Wisely
Nov 07Will Lake Resources (ASX:LKE) Spend Its Cash Wisely?
Jul 21Here's Why We're Watching Lake Resources' (ASX:LKE) Cash Burn Situation
Mar 16Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans
Sep 02Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans
May 19Lake Resources (ASX:LKE) Is In A Strong Position To Grow Its Business
Jan 31Companies Like Lake Resources (ASX:LKE) Can Afford To Invest In Growth
Oct 18How Many Lake Resources NL (ASX:LKE) Shares Have Insiders Sold, In The Last Year?
Jan 26Revenue & Expenses BreakdownBeta
How Lake Resources 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 | 38 | -72 | 55 | 0 |
30 Sep 23 | 41 | -59 | 55 | 0 |
30 Jun 23 | 44 | -46 | 55 | 0 |
31 Mar 23 | 53 | -24 | 44 | 0 |
31 Dec 22 | 36 | -3 | 33 | 0 |
30 Sep 22 | 22 | -4 | 23 | 0 |
30 Jun 22 | 9 | -6 | 12 | 0 |
31 Mar 22 | 5 | -6 | 9 | 0 |
31 Dec 21 | 0 | -6 | 5 | 0 |
30 Sep 21 | 0 | -4 | 4 | 0 |
30 Jun 21 | 0 | -3 | 3 | 0 |
31 Mar 21 | 0 | -4 | 3 | 0 |
31 Dec 20 | 0 | -4 | 3 | 0 |
30 Sep 20 | 0 | -5 | 4 | 0 |
30 Jun 20 | 0 | -5 | 4 | 0 |
31 Mar 20 | 0 | -5 | 4 | 0 |
31 Dec 19 | 0 | -5 | 4 | 0 |
30 Sep 19 | 0 | -4 | 3 | 0 |
30 Jun 19 | 0 | -4 | 3 | 0 |
31 Mar 19 | 0 | -3 | 2 | 0 |
31 Dec 18 | 0 | -3 | 2 | 0 |
30 Sep 18 | 0 | -3 | 2 | 0 |
30 Jun 18 | 0 | -4 | 3 | 0 |
31 Mar 18 | 0 | -3 | 3 | 0 |
31 Dec 17 | 0 | -2 | 2 | 0 |
30 Sep 17 | 0 | -2 | 2 | 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 | 0 | 0 | 0 |
30 Jun 16 | 0 | 0 | 0 | 0 |
31 Mar 16 | 0 | 0 | 0 | 0 |
31 Dec 15 | 0 | 0 | 0 | 0 |
30 Sep 15 | 0 | 0 | 0 | 0 |
30 Jun 15 | 0 | 0 | 0 | 0 |
31 Mar 15 | 0 | 0 | 0 | 0 |
31 Dec 14 | 0 | 0 | 0 | 0 |
30 Sep 14 | 0 | 0 | 0 | 0 |
30 Jun 14 | 0 | 0 | 0 | 0 |
31 Mar 14 | 0 | -3 | 0 | 0 |
31 Dec 13 | 0 | -7 | 0 | 0 |
30 Sep 13 | 0 | -7 | 0 | 0 |
30 Jun 13 | 0 | -7 | 0 | 0 |
31 Mar 13 | 0 | -3 | 0 | 0 |
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.