Raiden Resources Past Earnings Performance

Past criteria checks 0/6

Raiden Resources's earnings have been declining at an average annual rate of -21.8%, while the Metals and Mining industry saw earnings growing at 19.8% annually.

Key information

-21.8%

Earnings growth rate

14.7%

EPS growth rate

Metals and Mining Industry Growth	22.3%
Revenue growth rate	n/a
Return on equity	-12.8%
Net Margin	n/a
Last Earnings Update	31 Dec 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown
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How Raiden Resources makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ASX:RDN Revenue, expenses and earnings (AUD Millions)
Date	Earnings	G+A Expenses
31 Dec 23	-2	3
30 Sep 23	-4	3
30 Jun 23	-6	3
31 Mar 23	-6	4
31 Dec 22	-7	4
30 Sep 22	-6	4
30 Jun 22	-5	5
31 Mar 22	-5	5
31 Dec 21	-4	4
30 Sep 21	-3	3
30 Jun 21	-2	2
31 Mar 21	-2	2
31 Dec 20	-2	2
30 Sep 20	-2	2
30 Jun 20	-2	2
31 Mar 20	-2	2
31 Dec 19	-2	2
30 Sep 19	-2	2
30 Jun 19	-2	2
31 Mar 19	-2	2
31 Dec 18	-3	2
30 Sep 18	-3	1

Quality Earnings: RDN is currently unprofitable.

Growing Profit Margin: RDN is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RDN is unprofitable, and losses have increased over the past 5 years at a rate of 21.8% per year.

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

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

Return on Equity

High ROE: RDN has a negative Return on Equity (-12.77%), as it is currently unprofitable.

Raiden Resources Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Recent updates

Raiden Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.066379 million.

New major risk - Shareholder dilution

Raiden Resources Limited (ASX:RDN) agreed to acquire Li-Cs-Ta mineral rights over the Arrow Project from Arrow Minerals Limited (ASX:AMD) for AUD 0.5 million.

Raiden Resources Limited, Annual General Meeting, Nov 21, 2023

New major risk - Shareholder dilution

Raiden Resources Limited (ASX:RDN) agreed to acquire 80% stake in 5 lithium tenements in Pilbara region of Western Australia from Welcome Exploration Pty Ltd for AUD 0.42 million.

Raiden Resources Limited Reports on the Final Batch of Results from the Recently Completed Mt Sholl Drilling Program

Raiden Resources Limited has completed a Derivatives Offering in the amount of AUD 0.326488 million.

Raiden Resources Limited Reports Latest Assay High-Grade Results from the Recently Completed Mt Sholl Drilling Program

Less than half of directors are independent

Raiden Resources Limited Reports on the Latest Assay Results from the Recently Completed Mt Sholl Drilling Program

Raiden Resources Limited Reports Further Visual Sulphide Mineralization Throughout the A1 and B1 Deposits on its Ni-Cu-Co-PGE Mt Sholl Project

Raiden Resources Limited Reports on the Initial Assay Results from the Recently Completed Mt Sholl Drilling Program

Raiden Resources Limited Announces Visual Sulphides Continue over Significant Widths as Drilling Nears Completion

Raiden Resources Limited Announces Visual Sulphides Continue over Significant Widths as Drilling Nears Completion

Raiden Resources Limited Announces Initial Drilling At B1 Deposit Delivers Ni-Cu Sulphides

Raiden Resources Limited Announces Further Massive Ni-Cu Sulphide Mineralisation Intersected

Raiden Resources Limited, Annual General Meeting, Nov 29, 2022

Raiden Resources Limited Announces Wide & Shallow Nickel-Copper Sulphide Mineralisation Intersected at Mt Sholl Project

Raiden Resources Limited Commences At Mt Sholl Nickel-Sulphide Project Maiden Diamond Drilling Program

Raiden Resources Limited Announces Driller Secured & Heritage Survey Completed At Mt Sholl Nickel Project

Raiden Resources Limited, Annual General Meeting, Oct 04, 2022

Askari Metals Limited (ASX:AS2) agreed to acquire Myrnas Hill Lithium Project from Raiden Resources Limited (ASX:RDN) for AUD0.2 million.

Raiden Resources Limited announced that it expects to receive AUD 1.505 million in funding

Raiden Resources Limited Executes Native Title and Heritage Exploration Agreement with the Ngarluma Aboriginal Corporation

Raiden Resources Limited Reports the Results of the Maiden Diamond Drilling Program on the Vuzel Gold Project in South-Eastern Bulgaria

Raiden Resources Limited Completes Maiden Drilling Program on Vuzel Project in Bulgaria

Raiden Resources Limited (ASX:RDN) acquired Zelenrok Eood from Gold Bull Resources Corp. (TSXV:GBRC) for 2 million.

Less than half of directors are independent

Raiden Resources Limited Commences of Maiden Drilling Program At Vuzel

Raiden Resources Limited Provides Update on Mt Sholl Ni-Cu-Co-Pge Project

Raiden Resources Limited Provides an Update on the Arrow Project Drilling Campaign

Raiden Resources Limited Provides Drilling Update At Arrow Project

Raiden Resources Limited Announces Commencement of Drilling Program At Arrow Project

We Think Raiden Resources (ASX:RDN) Needs To Drive Business Growth Carefully

Raiden Resources Limited (ASX:RDN) entered into a binding heads of agreement to acquire 80% stake in Tenements adjoining Mt Sholl project from Welcome Exploration Pty Ltd for AUD 0.6 million.

We Think Raiden Resources (ASX:RDN) Can Afford To Drive Business Growth

Raiden Resources Limited Announces Commencement of Field Work on the Mt Sholl and Boodalyerrie Properties in the Pilbara Region of Western Australia

Raiden Resources Limited (ASX:RDN) Insiders Increased Their Holdings

Raiden Resources Limited Announces Results of A Soil Sampling and Reconnaissance Geological Mapping Program over the Arrow Property in the Pilbara Region of Western Australia

Raiden Resources Limited Provides a Progress Update on a New Set of Projects

Raiden Resources Limited Provides Progress Update on the Vuzel Gold Project in Bulgaria

Raiden Resources Limited Commences Field Based Exploration At Vuzel Gold Project & Prepares for Drilling

Raiden Resources Limited Provides Update on the Permitting Progress and Commencement of Activities on the Donje Nevlje, Majdanpek and Pirot Projects in Serbia

MD & Director exercised options to buy AU$84k worth of stock.

Raiden Resources Limited Announces Field Exploration Commences Across Arrow & Mt Sholl Projects

Have Insiders Been Buying Raiden Resources Limited (ASX:RDN) Shares This Year?

Raiden Resources Limited Provides Kalabak Drilling Program Update

Raiden Resources Limited announced that it expects to receive AUD 1 million in funding

Revenue & Expenses BreakdownBeta

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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Revenue & Expenses Breakdown
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