Latin Resources Future Growth
Future criteria checks 2/6
Latin Resources is forecast to grow earnings and revenue by 16.2% and 118.9% per annum respectively. EPS is expected to grow by 26.2% per annum. Return on equity is forecast to be -3% in 3 years.
Key information
16.2%
Earnings growth rate
26.2%
EPS growth rate
| Metals and Mining earnings growth | 13.2% |
| Revenue growth rate | 118.9% |
| Future return on equity | -3.0% |
| Analyst coverage | Low |
| Last updated | 06 May 2024 |
Recent future growth updates
Recent updates
We're Keeping An Eye On Latin Resources' (ASX:LRS) Cash Burn Rate
Feb 05
Latin Resources Limited (ASX:LRS) Shares Could Be 30% Below Their Intrinsic Value Estimate
Dec 08We're Not Very Worried About Latin Resources' (ASX:LRS) Cash Burn Rate
Nov 01We're Not Very Worried About Latin Resources' (ASX:LRS) Cash Burn Rate
Jul 09Companies Like Latin Resources (ASX:LRS) Are In A Position To Invest In Growth
Feb 01We Think Latin Resources (ASX:LRS) Can Afford To Drive Business Growth
Sep 24We Think Latin Resources (ASX:LRS) Needs To Drive Business Growth Carefully
Jan 05Here's Why We're Watching Latin Resources' (ASX:LRS) Cash Burn Situation
Sep 16Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 109 | -11 | -134 | 5 | 2 |
| 12/31/2025 | 0 | -17 | -396 | -14 | 2 |
| 12/31/2024 | 0 | -24 | -79 | -19 | 2 |
| 12/31/2023 | 0 | -19 | -43 | -4 | N/A |
| 9/30/2023 | 0 | -15 | -35 | -4 | N/A |
| 6/30/2023 | 0 | -10 | -27 | -3 | N/A |
| 3/31/2023 | 0 | -9 | -22 | -3 | N/A |
| 12/31/2022 | 0 | -7 | -16 | -3 | N/A |
| 9/30/2022 | 0 | -6 | -12 | -3 | N/A |
| 6/30/2022 | 0 | -5 | -8 | -2 | N/A |
| 3/31/2022 | 0 | -5 | -6 | -2 | N/A |
| 12/31/2021 | 0 | -4 | -5 | -2 | N/A |
| 6/30/2021 | 0 | -5 | -4 | -2 | N/A |
| 3/31/2021 | 0 | -4 | -3 | -1 | N/A |
| 12/31/2020 | 0 | -2 | -2 | -1 | N/A |
| 6/30/2020 | 0 | -3 | -1 | 0 | N/A |
| 3/31/2020 | 0 | -4 | -1 | -1 | N/A |
| 12/31/2019 | 0 | -4 | -2 | -1 | N/A |
| 9/30/2019 | 0 | -5 | -2 | -1 | N/A |
| 6/30/2019 | 0 | -5 | -3 | -1 | N/A |
| 3/31/2019 | 0 | -5 | -3 | -2 | N/A |
| 12/31/2018 | N/A | -6 | -4 | -2 | N/A |
| 9/30/2018 | 0 | -5 | -4 | -2 | N/A |
| 6/30/2018 | 0 | -4 | -4 | -2 | N/A |
| 3/31/2018 | 0 | -3 | -4 | -2 | N/A |
| 12/31/2017 | N/A | -2 | -5 | -2 | N/A |
| 9/30/2017 | 0 | -4 | N/A | -2 | N/A |
| 6/30/2017 | 0 | -5 | N/A | -2 | N/A |
| 3/31/2017 | 0 | -6 | N/A | -1 | N/A |
| 12/31/2016 | N/A | -8 | N/A | -1 | N/A |
| 9/30/2016 | 0 | -11 | N/A | 0 | N/A |
| 6/30/2016 | 0 | -14 | N/A | 0 | N/A |
| 3/31/2016 | 0 | -13 | N/A | -1 | N/A |
| 12/31/2015 | N/A | -12 | N/A | -1 | N/A |
| 9/30/2015 | 0 | -8 | N/A | -2 | N/A |
| 6/30/2015 | 0 | -4 | N/A | -2 | N/A |
| 3/31/2015 | 0 | -5 | N/A | -2 | N/A |
| 12/31/2014 | 0 | -6 | N/A | -2 | N/A |
| 12/31/2013 | 0 | -2 | N/A | -4 | N/A |
| 6/30/2013 | 0 | -7 | N/A | -2 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LRS is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: LRS is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: LRS is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: LRS's revenue (118.9% per year) is forecast to grow faster than the Australian market (5% per year).
High Growth Revenue: LRS's revenue (118.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LRS is forecast to be unprofitable in 3 years.