Westgold Resources Past Earnings Performance
Past criteria checks 3/6
Westgold Resources's earnings have been declining at an average annual rate of -21%, while the Metals and Mining industry saw earnings growing at 20.6% annually. Revenues have been growing at an average rate of 9.8% per year. Westgold Resources's return on equity is 9.6%, and it has net margins of 8.8%.
Key information
-21.0%
Earnings growth rate
-22.9%
EPS growth rate
Metals and Mining Industry Growth | 22.3% |
Revenue growth rate | 9.8% |
Return on equity | 9.6% |
Net Margin | 8.8% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
The Market Doesn't Like What It Sees From Westgold Resources Limited's (ASX:WGX) Revenues Yet
Jun 25Investors Aren't Buying Westgold Resources Limited's (ASX:WGX) Revenues
Feb 07Here's Why I Think Westgold Resources (ASX:WGX) Is An Interesting Stock
Oct 09Can You Imagine How Westgold Resources' (ASX:WGX) Shareholders Feel About The 64% Share Price Increase?
Dec 09Should Weakness in Westgold Resources Limited's (ASX:WGX) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Nov 24Revenue & Expenses Breakdown
How Westgold Resources 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 |
---|---|---|---|---|
31 Mar 24 | 691 | 61 | 7 | 0 |
31 Dec 23 | 701 | 65 | 4 | 0 |
30 Sep 23 | 678 | 37 | 3 | 0 |
30 Jun 23 | 654 | 10 | 2 | 0 |
31 Mar 23 | 643 | -73 | 9 | 0 |
31 Dec 22 | 653 | -142 | 3 | 0 |
30 Sep 22 | 650 | -127 | 2 | 0 |
30 Jun 22 | 648 | -111 | 1 | 0 |
31 Mar 22 | 614 | -31 | 2 | 0 |
31 Dec 21 | 580 | 49 | 3 | 0 |
30 Sep 21 | 576 | 63 | 2 | 0 |
30 Jun 21 | 571 | 77 | 1 | 0 |
31 Mar 21 | 568 | 75 | 0 | 0 |
31 Dec 20 | 565 | 72 | 0 | 0 |
30 Sep 20 | 529 | 54 | 0 | 0 |
30 Jun 20 | 492 | 35 | 0 | 0 |
31 Dec 19 | 454 | 34 | 1 | 0 |
30 Sep 19 | 436 | 24 | 1 | 0 |
30 Jun 19 | 418 | 13 | 1 | 0 |
31 Dec 18 | 290 | -39 | 3 | 0 |
30 Sep 18 | 283 | -36 | 4 | 0 |
30 Jun 18 | 277 | -32 | 5 | 0 |
31 Dec 17 | 281 | -10 | 9 | 0 |
30 Sep 17 | 294 | -2 | 7 | 0 |
30 Jun 17 | 307 | 6 | 4 | 0 |
31 Mar 17 | 423 | 4 | 2 | 0 |
31 Dec 16 | 401 | -7 | 1 | 0 |
30 Sep 16 | 353 | -14 | 0 | 0 |
30 Jun 16 | 305 | -21 | 0 | 0 |
30 Jun 15 | 233 | 14 | 0 | 0 |
30 Jun 14 | 161 | 24 | 0 | 0 |
Quality Earnings: WGX has high quality earnings.
Growing Profit Margin: WGX became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WGX has become profitable over the past 5 years, growing earnings by -21% per year.
Accelerating Growth: WGX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WGX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-19%).
Return on Equity
High ROE: WGX's Return on Equity (9.6%) is considered low.