Magmatic Resources Limited

ASX:MAG Stock Report

Market Cap: AU$12.5m

Magmatic Resources Past Earnings Performance

Past criteria checks 0/6

Magmatic Resources's earnings have been declining at an average annual rate of -23.9%, while the Metals and Mining industry saw earnings growing at 20.7% annually. Revenues have been growing at an average rate of 15.1% per year.

Key information

-23.9%

Earnings growth rate

-0.5%

EPS growth rate

Metals and Mining Industry Growth22.3%
Revenue growth rate15.1%
Return on equity-36.3%
Net Margin-3,766.7%
Last Earnings Update30 Jun 2024

Recent past performance updates

No updates

Recent updates

Here's Why We're Watching Magmatic Resources' (ASX:MAG) Cash Burn Situation

May 19
Here's Why We're Watching Magmatic Resources' (ASX:MAG) Cash Burn Situation

Here's Why We're Watching Magmatic Resources' (ASX:MAG) Cash Burn Situation

Jan 11
Here's Why We're Watching Magmatic Resources' (ASX:MAG) Cash Burn Situation

We're Hopeful That Magmatic Resources (ASX:MAG) Will Use Its Cash Wisely

Aug 24
We're Hopeful That Magmatic Resources (ASX:MAG) Will Use Its Cash Wisely

Revenue & Expenses Breakdown

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


Earnings and Revenue History

ASX:MAG Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 240-340
31 Mar 240-550
31 Dec 230-660
30 Sep 230-770
30 Jun 230-780
31 Mar 230-770
31 Dec 220-660
30 Sep 220-440
30 Jun 220-330
31 Mar 220-330
31 Dec 210-440
30 Sep 210-140
30 Jun 210150
31 Mar 210250
31 Dec 200250
30 Sep 200-150
30 Jun 200-450
31 Mar 200-440
31 Dec 190-430
30 Sep 190-320
30 Jun 190-220
31 Mar 190-220
31 Dec 180-220
30 Sep 180-220
30 Jun 180-330
31 Mar 180-330
31 Dec 170-440
30 Sep 170-440
30 Jun 170-440
30 Jun 160000
30 Jun 150000
30 Jun 140000

Quality Earnings: MAG is currently unprofitable.

Growing Profit Margin: MAG is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MAG is unprofitable, and losses have increased over the past 5 years at a rate of 23.9% per year.

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

Earnings vs Industry: MAG 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: MAG has a negative Return on Equity (-36.35%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 13:27
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Magmatic Resources Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution