Metals X Past Earnings Performance
Past criteria checks 1/6
Metals X has been growing earnings at an average annual rate of 42.8%, while the Metals and Mining industry saw earnings growing at 19.8% annually. Revenues have been declining at an average rate of 6.7% per year. Metals X's return on equity is 4.4%, and it has net margins of 9.5%.
Key information
42.8%
Earnings growth rate
46.6%
EPS growth rate
| Metals and Mining Industry Growth | 22.3% |
| Revenue growth rate | -6.7% |
| Return on equity | 4.4% |
| Net Margin | 9.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
There's No Escaping Metals X Limited's (ASX:MLX) Muted Revenues Despite A 34% Share Price Rise
Apr 19
If EPS Growth Is Important To You, Metals X (ASX:MLX) Presents An Opportunity
Oct 06Benign Growth For Metals X Limited (ASX:MLX) Underpins Stock's 31% Plummet
May 12Metals X (ASX:MLX) Has A Pretty Healthy Balance Sheet
Oct 14We Don’t Think Metals X's (ASX:MLX) Earnings Should Make Shareholders Too Comfortable
Sep 07Metals X (ASX:MLX) Is Carrying A Fair Bit Of Debt
Mar 27When Will Metals X Limited (ASX:MLX) Turn A Profit?
Feb 28Here's What Metals X Limited's (ASX:MLX) Shareholder Ownership Structure Looks Like
Jan 22Metals X's (ASX:MLX) Shareholders Are Down 90% On Their Shares
Dec 15
Revenue & Expenses BreakdownBeta
How Metals X 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 | 154 | 15 | 4 | 0 |
| 30 Jun 23 | 75 | -95 | 3 | 0 |
| 31 Mar 23 | 104 | -38 | 3 | 0 |
| 31 Dec 22 | 188 | 137 | 3 | 0 |
| 30 Jun 22 | 229 | 176 | 3 | 0 |
| 31 Dec 21 | 151 | 60 | 4 | 0 |
| 30 Sep 21 | 122 | 41 | 5 | 0 |
| 30 Jun 21 | 94 | 23 | 5 | 0 |
| 31 Mar 21 | 160 | -43 | 7 | 0 |
| 31 Dec 20 | 85 | 10 | 5 | 0 |
| 30 Sep 20 | 79 | -1 | 6 | 0 |
| 30 Jun 20 | 73 | -12 | 7 | 0 |
| 31 Mar 20 | 112 | -60 | 8 | 0 |
| 31 Dec 19 | 151 | -91 | 8 | 0 |
| 30 Sep 19 | 178 | -104 | 10 | 0 |
| 30 Jun 19 | 205 | -117 | 12 | 0 |
| 31 Mar 19 | 213 | -80 | 12 | 0 |
| 31 Dec 18 | 220 | -44 | 12 | 0 |
| 30 Sep 18 | 215 | -35 | 9 | 0 |
| 30 Jun 18 | 210 | -26 | 6 | 0 |
| 31 Dec 17 | 192 | -30 | 5 | 0 |
| 30 Sep 17 | 215 | -67 | 5 | 0 |
| 30 Jun 17 | 238 | -104 | 6 | 0 |
| 31 Dec 16 | 164 | -92 | 5 | 0 |
| 30 Sep 16 | 118 | -44 | 3 | 0 |
| 30 Jun 16 | 72 | 3 | 2 | 0 |
| 31 Mar 16 | 222 | 3 | 2 | 0 |
| 31 Dec 15 | 202 | 27 | 3 | 0 |
| 30 Sep 15 | 259 | 34 | 3 | 0 |
| 30 Jun 15 | 315 | 41 | 2 | 0 |
| 31 Mar 15 | 315 | 43 | 2 | 0 |
| 31 Dec 14 | 315 | 44 | 1 | 0 |
| 30 Sep 14 | 277 | 41 | 1 | 0 |
| 30 Jun 14 | 239 | 37 | 1 | 0 |
| 31 Mar 14 | 173 | 20 | 0 | 0 |
| 31 Dec 13 | 107 | 2 | 0 | 0 |
| 30 Sep 13 | 88 | 5 | 0 | 0 |
| 30 Jun 13 | 69 | 9 | 0 | 0 |
Quality Earnings: MLX has a large one-off loss of A$21.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: MLX's current net profit margins (9.5%) are lower than last year (72.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MLX has become profitable over the past 5 years, growing earnings by 42.8% per year.
Accelerating Growth: MLX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MLX had negative earnings growth (-89.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (-22%).
Return on Equity
High ROE: MLX's Return on Equity (4.4%) is considered low.