Lunnon Metals Past Earnings Performance

Past criteria checks 0/6

Lunnon Metals's earnings have been declining at an average annual rate of -56.8%, while the Metals and Mining industry saw earnings growing at 20.7% annually. Revenues have been growing at an average rate of 30.5% per year.

Key information

-56.8%

Earnings growth rate

-13.2%

EPS growth rate

Metals and Mining Industry Growth	22.3%
Revenue growth rate	30.5%
Return on equity	-52.0%
Net Margin	-1,554,251.8%
Last Earnings Update	30 Jun 2024

Recent past performance updates

No updates

Recent updates

We Think Lunnon Metals (ASX:LM8) Needs To Drive Business Growth Carefully

Jul 14

Is Lunnon Metals (ASX:LM8) In A Good Position To Invest In Growth?

Mar 11

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Aug 17

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Jan 14

Revenue & Expenses Breakdown

How Lunnon Metals makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ASX:LM8 Revenue, expenses and earnings (AUD Millions)
Date	Earnings	G+A Expenses
30 Jun 24	-24	12
31 Mar 24	-24	13
31 Dec 23	-23	15
30 Sep 23	-20	16
30 Jun 23	-18	18
31 Mar 23	-16	16
31 Dec 22	-14	14
30 Sep 22	-10	10
30 Jun 22	-7	6
31 Mar 22	-6	6
31 Dec 21	-6	5
30 Sep 21	-4	4
30 Jun 21	-3	2
31 Mar 21	-2	2
31 Dec 20	-2	2
30 Sep 20	-2	1
30 Jun 20	-1	1

Quality Earnings: LM8 is currently unprofitable.

Growing Profit Margin: LM8 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: LM8 is unprofitable, and losses have increased over the past 5 years at a rate of 56.8% per year.

Accelerating Growth: Unable to compare LM8's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LM8 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (3.9%).

Return on Equity

High ROE: LM8 has a negative Return on Equity (-52%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/29 12:34
End of Day Share Price	2024/12/27 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lunnon Metals Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Adam Baker	Macquarie Research
Peter Kormendy	Shaw and Partners Limited

Lunnon Metals Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Recent updates

Lunnon Metals Limited ORDINARY FULLY PAID to Be Deleted from OTC Equity

Forecast to breakeven in 2027

New minor risk - Profitability

Lunnon Metals Limited, Annual General Meeting, Nov 07, 2024

MD & Director exercised options to buy AU$293k worth of stock.

New major risk - Share price stability

We Think Lunnon Metals (ASX:LM8) Needs To Drive Business Growth Carefully

Lunnon Metals Limited Announces Retirement of Ian Junk as Non Executive Director, Effective 1 July 2024

Key Executive recently bought AU$51k worth of stock

New major risk - Revenue and earnings growth

Is Lunnon Metals (ASX:LM8) In A Good Position To Invest In Growth?

New minor risk - Share price stability

Price target decreased by 39% to AU$0.70

Forecast breakeven date pushed back to 2026

MD & Director recently bought AU$76k worth of stock

Lunnon Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 18 million.

Price target decreased by 12% to AU$1.15

New minor risk - Market cap size

New major risk - Revenue and earnings growth

Lunnon Metals Limited, Annual General Meeting, Nov 03, 2023

New minor risk - Financial data availability

Price target decreased by 7.1% to AU$1.30

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Non-Executive Director recently bought AU$100k worth of stock

Forecast to breakeven in 2025

Lunnon Metals Limited Announces Foster 85H Returns Excellent Metallurgical Results

Lunnon Metals Limited Updates the Completion of Early Stage Exploration in the Somerset Target Area and Final High Priority Assay Results from Surface Diamond Drill Holes Targeting the Warren Channel, at Kambalda Nickel Project

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Lunnon Metals Limited Provides A First-Time Mineral Resource Estimate for the S16C and N14C Surfaces, Located At Its Historical Foster Nickel Mine, At the Kambalda Nickel Project

Lunnon Metals Limited Updates Nickel Mineral Resource Estimate (Mre) for the Baker Deposit, Its First Discovery At the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme At the Historical Foster Nickel Mine, Part of Its Kambalda Nickel Project

Less than half of directors are independent

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel At Its Kambalda Nickel Project

Lunnon Metals Limited Provides Last High Priority Assay Results from its Discovery Programme at the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited Provides Update on Targeting Activities At the Recently Acquired Silver Lake Nickel Deposit

Lunnon Metals Limited Announces Deep Diamond Drilling, Data Collection and Reporting Has Concluded at the Kenilworth Target

Lunnon Metals Limited Provides an Update on the Latest Results from Its Discovery Programme At the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited, Annual General Meeting, Nov 15, 2022

Lunnon Metals Limited Appoints Hayden Bartrop as Chief Financial Officer, Effective from 3 January 2023

Lunnon Metals Limited Announces Baker Initial Metallurgical Tests Complete

Lunnon Metals Limited Provides an Update on the Progress of its Drilling Programme at the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of its Drilling Programme at the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on Progress of Its Discovery Programme in the Warren Channel, Part of the Previously Operated Foster Nickel Mine At Its Kambalda Nickel Project (Knp)

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme At the Baker Shoot and Kenilworth Target, At Its Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel

Less than half of directors are independent

Lunnon Metals Limited Announces N75c Demonstrates Upside of Historical Core Programme

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel

Lunnon Metals Limited Announces WA Government EIS Hole Commences At Kenilworth

Lunnon Metals Limited Provides Update on the Progress of Its Discovery Programme on the Warren Channel

Lunnon Metals Limited Provides an Update on the Progress of its Discovery Programme on the Warren Channel, Part of the Foster Nickel Mine At its Kambalda Nickel Project

Lunnon Metals Limited Announces Multiple High Grade Nickel Hits At Baker

Lunnon Metals Limited Provides an Update on the Status of its Exploration Programme at the Baker Shoot

Lunnon Metals Limited Provides Update on the Status of its Exploration Programme at the Baker Shoot, an Emerging Discovery at the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Drill Programmes at the Foster Nickel Mine

Lunnon Metals Limited Provides an Update on the Progress of its Discovery Programme at the Kambalda Nickel Project

Lunnon Metals Limited Reports on Progress of Work Towards the Mineral Resource Estimate from Its Historical Drill Core Programme Targeting the N75C Nickel Surface at the Foster Nickel Mine, Part of its Kambalda Nickel Project

Lunnon Metals Limited to Provide Additional Details in Relation to its Historical Drill Core Retrieval Programme

Lunnon Metals Limited (ASX:LM8) completed the acquisition of remaining 49% stake in Kambalda Nickel Project from St. Ives Gold Mining Company Pty Limited.

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources