Strike Resources Past Earnings Performance

Past criteria checks 2/6

Strike Resources's earnings have been declining at an average annual rate of -20.7%, while the Metals and Mining industry saw earnings growing at 20.7% annually. Revenues have been growing at an average rate of 11.1% per year.

Key information

-20.7%

Earnings growth rate

-7.9%

EPS growth rate

Metals and Mining Industry Growth22.3%
Revenue growth rate11.1%
Return on equity11.3%
Net Marginn/a
Last Earnings Update30 Jun 2024

Recent past performance updates

Strike Resources' (ASX:SRK) Earnings Are Built On Soft Foundations

Oct 03
Strike Resources' (ASX:SRK) Earnings Are Built On Soft Foundations

Recent updates

Is Strike Resources (ASX:SRK) Using Too Much Debt?

Jun 09
Is Strike Resources (ASX:SRK) Using Too Much Debt?

We Think Strike Resources Limited's (ASX:SRK) CEO Compensation Package Needs To Be Put Under A Microscope

Nov 24
We Think Strike Resources Limited's (ASX:SRK) CEO Compensation Package Needs To Be Put Under A Microscope

Is Strike Resources (ASX:SRK) A Risky Investment?

Oct 05
Is Strike Resources (ASX:SRK) A Risky Investment?

Strike Resources' (ASX:SRK) Earnings Are Built On Soft Foundations

Oct 03
Strike Resources' (ASX:SRK) Earnings Are Built On Soft Foundations

We're Not Very Worried About Strike Resources' (ASX:SRK) Cash Burn Rate

Sep 07
We're Not Very Worried About Strike Resources' (ASX:SRK) Cash Burn Rate

Companies Like Strike Resources (ASX:SRK) Are In A Position To Invest In Growth

May 13
Companies Like Strike Resources (ASX:SRK) Are In A Position To Invest In Growth

Our Take On Strike Resources' (ASX:SRK) CEO Salary

Jan 28
Our Take On Strike Resources' (ASX:SRK) CEO Salary

Strike Resources (ASX:SRK) Is In A Good Position To Deliver On Growth Plans

Dec 06
Strike Resources (ASX:SRK) Is In A Good Position To Deliver On Growth Plans

Revenue & Expenses Breakdown

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


Earnings and Revenue History

ASX:SRK Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 240120
31 Mar 240-120
31 Dec 230-320
30 Sep 230-520
30 Jun 230-730
31 Mar 230-730
31 Dec 221-730
30 Sep 225-630
30 Jun 2210-540
31 Mar 229-240
31 Dec 219140
30 Sep 215240
30 Jun 210430
31 Mar 210120
31 Dec 200-110
30 Sep 200-110
30 Jun 200-110
31 Mar 200-210
31 Dec 190-210
30 Sep 190-210
30 Jun 190-210
31 Mar 190-110
31 Dec 180-110
30 Sep 180-110
30 Jun 180-110
31 Mar 180-110
31 Dec 170-110
30 Sep 170-110
30 Jun 170-110
31 Mar 170-110
31 Dec 160-110
30 Sep 160-110
30 Jun 160-110
31 Mar 160-110
31 Dec 150-120
30 Sep 150-110
30 Jun 150-110
31 Mar 150-130
31 Dec 140-240
30 Sep 140-2550
30 Jun 141-4960
31 Mar 1417-5170
31 Dec 1334-5380

Quality Earnings: SRK has a large one-off gain of A$5.2M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: SRK became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SRK has become profitable over the past 5 years, growing earnings by -20.7% per year.

Accelerating Growth: SRK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SRK 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: SRK's Return on Equity (11.3%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 07:09
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Strike Resources Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen ThomasBell Potter