Stock Analysis
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.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ASX:PLS
Pilbara Minerals
Engages in the exploration, development, and operation of mineral resources in Australia.
