Pilbara Minerals Reports Full Year 2024 Earnings

Pilbara Minerals (ASX:PLS) Full Year 2024 Results

Key Financial Results

• Revenue: AU$1.25b (down 69% from FY 2023).
• Net income: AU$257.0m (down 89% from FY 2023).
• Profit margin: 21% (down from 59% in FY 2023). The decrease in margin was driven by lower revenue.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Pilbara Minerals Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Australia.

Performance of the Australian Metals and Mining industry.

The company's shares are up 4.9% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Pilbara Minerals (1 is potentially serious!) that we have uncovered.

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