QEM Past Earnings Performance

Past criteria checks 0/6

QEM's earnings have been declining at an average annual rate of -24.9%, while the Metals and Mining industry saw earnings growing at 20.7% annually. Revenues have been declining at an average rate of 10.5% per year.

Key information

-24.9%

Earnings growth rate

-14.9%

EPS growth rate

Metals and Mining Industry Growth	22.3%
Revenue growth rate	-10.5%
Return on equity	-130.7%
Net Margin	n/a
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

ASX:QEM Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	0	-2	4
31 Mar 24	0	-3	4
31 Dec 23	0	-5	4
30 Sep 23	0	-5	4
30 Jun 23	0	-5	4
31 Mar 23	0	-4	4
31 Dec 22	1	-4	4
30 Sep 22	0	-3	3
30 Jun 22	0	-3	3
31 Mar 22	0	-2	2
31 Dec 21	0	-2	2
30 Sep 21	0	-2	2
30 Jun 21	0	-1	2
31 Mar 21	0	-1	1
31 Dec 20	0	-1	1
30 Sep 20	0	-1	1
30 Jun 20	0	-1	1
31 Mar 20	0	-1	1
31 Dec 19	0	-1	1
30 Sep 19	0	-2	2
30 Jun 19	0	-2	2
31 Mar 19	0	-2	2
31 Dec 18	0	-2	2
30 Sep 18	0	-2	2
30 Jun 18	0	-1	1
31 Mar 18	0	-1	1
31 Dec 17	0	0	0
30 Sep 17	0	0	0
30 Jun 17	0	0	1
30 Jun 16	0	0	0
30 Jun 15	0	0	0

Quality Earnings: QEM is currently unprofitable.

Growing Profit Margin: QEM is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: QEM is unprofitable, and losses have increased over the past 5 years at a rate of 24.9% per year.

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

Earnings vs Industry: QEM 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: QEM has a negative Return on Equity (-130.71%), as it is currently unprofitable.

QEM Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2024 earnings released: AU$0.014 loss per share (vs AU$0.035 loss in FY 2023)

First half 2024 earnings released: AU$0.018 loss per share (vs AU$0.02 loss in 1H 2023)

Full year 2023 earnings released: AU$0.035 loss per share (vs AU$0.025 loss in FY 2022)

First half 2023 earnings released: AU$0.02 loss per share (vs AU$0.012 loss in 1H 2022)

Full year 2022 earnings released: AU$0.025 loss per share (vs AU$0.014 loss in FY 2021)

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Recent updates

New major risk - Share price stability

New minor risk - Shareholder dilution

Full year 2024 earnings released: AU$0.014 loss per share (vs AU$0.035 loss in FY 2023)

QEM Limited, Annual General Meeting, Nov 14, 2024

New major risk - Market cap size

QEM Limited Announces Resignation of David Fitch as A Non-Executive Director

Non-Executive Director recently bought AU$55k worth of stock

First half 2024 earnings released: AU$0.018 loss per share (vs AU$0.02 loss in 1H 2023)

New major risk - Financial position

Enel Green Power Australia Pty Ltd agreed to acquire Julia Creek Renewables Project from QEM Limited (ASX:QEM) for AUD 7 million.

Non-Executive Director recently bought AU$53k worth of stock

Full year 2023 earnings released: AU$0.035 loss per share (vs AU$0.025 loss in FY 2022)

QEM Limited, Annual General Meeting, Nov 09, 2023

Non-Executive Director recently bought AU$768k worth of stock

QEM Limited Appoints Tony Pearson as Non-Executive Director

QEM Limited, Annual General Meeting, Aug 24, 2023

Here's Why We're Watching QEM's (ASX:QEM) Cash Burn Situation

First half 2023 earnings released: AU$0.02 loss per share (vs AU$0.012 loss in 1H 2022)

QEM Limited Appoints Tim Wall as Deputy Chair

No independent directors

This Is Why QEM Limited's (ASX:QEM) CEO Compensation Looks Appropriate

QEM Limited Appoints Tim Wall as Director

QEM Limited Announces Second Pilot Plant Testing Achieves Excellent Results

Full year 2022 earnings released: AU$0.025 loss per share (vs AU$0.014 loss in FY 2021)

QEM Limited, Annual General Meeting, Nov 17, 2022

QEM Limited, Annual General Meeting, Aug 12, 2022

QEM Limited Completes Commissioning of Pilot Plant

QEM Limited announced that it expects to receive AUD 2.3924 million in funding

No independent directors

QEM Limited Upgrades Julia Creek Resource Base with Added Critical Minerals Potential

QEM Limited Successfully Delivers Pilot Plant

Here's Why We're Watching QEM's (ASX:QEM) Cash Burn Situation

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Non-Executive Director recently bought AU$57k worth of stock

Full year 2021 earnings released: AU$0.014 loss per share (vs AU$0.011 loss in FY 2020)

QEM Limited announced that it expects to receive AUD 2.0135 million in funding

QEM Limited Finalizes the Specifications and Design of A Bench-Scale Pilot Plant for the Julia Creek Vanadium and Oil Shale Project

Qem Advances to Pilot Plant Stage

How Much Are QEM Limited (ASX:QEM) Insiders Spending On Buying Shares?

QEM Limited to Pursue Green Hydrogen Strategy

First half 2021 earnings released: AU$0.007 loss per share (vs AU$0.007 loss in 1H 2020)

Who Has Been Buying QEM Limited (ASX:QEM) Shares?

Full year earnings released - AU$0.011 loss per share

QEM Limited Announces Next Stage Development At Julia Creek Vanadium and Oil Shale Project

Non-Executive Director recently bought AU$60k worth of stock

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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