Minerals 260 Past Earnings Performance

Past criteria checks 0/6

Minerals 260's earnings have been declining at an average annual rate of -23.2%, while the Metals and Mining industry saw earnings growing at 19.3% annually.

Key information

-23.2%

Earnings growth rate

-91.0%

EPS growth rate

Metals and Mining Industry Growth22.3%
Revenue growth raten/a
Return on equity-106.0%
Net Marginn/a
Last Earnings Update31 Dec 2023

Recent past performance updates

No updates

Recent updates

Here's Why We're Not At All Concerned With Minerals 260's (ASX:MI6) Cash Burn Situation

Apr 26
Here's Why We're Not At All Concerned With Minerals 260's (ASX:MI6) Cash Burn Situation

We're Interested To See How Minerals 260 (ASX:MI6) Uses Its Cash Hoard To Grow

Jan 06
We're Interested To See How Minerals 260 (ASX:MI6) Uses Its Cash Hoard To Grow

Companies Like Minerals 260 (ASX:MI6) Can Afford To Invest In Growth

Sep 15
Companies Like Minerals 260 (ASX:MI6) Can Afford To Invest In Growth

Revenue & Expenses Breakdown

How Minerals 260 makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:MI6 Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 230-14150
30 Sep 230-14150
30 Jun 230-13140
31 Mar 230-10110
31 Dec 220-770
30 Sep 220-48480
30 Jun 220-89880
30 Jun 210000
30 Jun 200000

Quality Earnings: MI6 is currently unprofitable.

Growing Profit Margin: MI6 is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MI6 is unprofitable, and losses have increased over the past 5 years at a rate of 23.2% per year.

Accelerating Growth: Unable to compare MI6's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MI6 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22%).


Return on Equity

High ROE: MI6 has a negative Return on Equity (-106.05%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.