Solstice Minerals Past Earnings Performance
Past criteria checks 3/6
Solstice Minerals's earnings have been declining at an average annual rate of -13%, while the Metals and Mining industry saw earnings growing at 21.2% annually.
Key information
-13.0%
Earnings growth rate
n/a
EPS growth rate
| Metals and Mining Industry Growth | 22.3% |
| Revenue growth rate | n/a |
| Return on equity | 22.4% |
| Net Margin | n/a |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Solstice Minerals 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 |
|---|---|---|---|---|
| 30 Jun 24 | 0 | 5 | 4 | 0 |
| 31 Mar 24 | 0 | 0 | 5 | 0 |
| 31 Dec 23 | 0 | -4 | 5 | 0 |
| 30 Sep 23 | 0 | -6 | 6 | 0 |
| 30 Jun 23 | 0 | -7 | 7 | 0 |
| 31 Mar 23 | 0 | -7 | 7 | 0 |
| 31 Dec 22 | 0 | -7 | 6 | 0 |
| 30 Sep 22 | 0 | -5 | 5 | 0 |
| 30 Jun 22 | 0 | -4 | 4 | 0 |
| 31 Mar 22 | 0 | -3 | 3 | 0 |
| 31 Dec 21 | 0 | -2 | 2 | 0 |
| 30 Sep 21 | 0 | -1 | 1 | 0 |
| 30 Jun 21 | 0 | -1 | 1 | 0 |
| 30 Jun 20 | 0 | 0 | 0 | 0 |
Quality Earnings: SLS has a high level of non-cash earnings.
Growing Profit Margin: SLS became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SLS has become profitable over the past 5 years, growing earnings by -13% per year.
Accelerating Growth: SLS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SLS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (3.9%).
Return on Equity
High ROE: SLS's Return on Equity (22.4%) is considered high.