Asante Gold Past Earnings Performance
Past criteria checks 0/6
Asante Gold's earnings have been declining at an average annual rate of -52.3%, while the Metals and Mining industry saw earnings growing at 23.6% annually. Revenues have been growing at an average rate of 74% per year.
Key information
-52.3%
Earnings growth rate
-46.1%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | 74.0% |
| Return on equity | -106.3% |
| Net Margin | -4.5% |
| Last Earnings Update | 31 Oct 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Asante Gold 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 Oct 24 | 456 | -20 | 39 | 0 |
| 31 Jul 24 | 445 | -39 | 35 | 0 |
| 30 Apr 24 | 436 | -65 | 30 | 0 |
| 31 Jan 24 | 428 | -98 | 29 | 0 |
| 31 Oct 23 | 410 | -184 | 13 | 0 |
| 31 Jul 23 | 408 | -203 | 17 | 0 |
| 30 Apr 23 | 300 | -165 | 13 | 0 |
| 31 Jan 23 | 206 | -133 | 21 | 0 |
| 31 Oct 22 | 85 | -78 | 28 | 0 |
| 31 Jul 22 | 0 | -35 | 24 | 0 |
| 30 Apr 22 | 0 | -23 | 19 | 0 |
| 31 Jan 22 | 0 | -7 | 6 | 0 |
| 31 Oct 21 | 0 | -6 | 5 | 0 |
| 31 Jul 21 | 0 | -1 | 1 | 0 |
| 30 Apr 21 | 0 | -1 | 1 | 0 |
| 31 Jan 21 | 0 | -1 | 0 | 0 |
| 31 Oct 20 | 0 | 0 | 0 | 0 |
| 31 Jul 20 | 0 | 0 | 0 | 0 |
| 30 Apr 20 | 0 | 0 | 0 | 0 |
| 31 Jan 20 | 0 | 0 | 0 | 0 |
| 31 Oct 19 | 0 | 0 | 0 | 0 |
| 31 Jul 19 | 0 | 0 | 0 | 0 |
| 30 Apr 19 | 0 | 0 | 0 | 0 |
| 31 Jan 19 | 0 | 0 | 0 | 0 |
| 31 Oct 18 | 0 | 0 | 0 | 0 |
| 31 Jul 18 | 0 | 0 | 1 | 0 |
| 30 Apr 18 | 0 | 0 | 1 | 0 |
| 31 Jan 18 | 0 | -1 | 1 | 0 |
| 31 Oct 17 | 0 | 0 | 1 | 0 |
| 31 Jul 17 | 0 | -1 | 1 | 0 |
| 30 Apr 17 | 0 | -1 | 1 | 0 |
| 31 Jan 17 | 0 | -1 | 1 | 0 |
| 31 Oct 16 | 0 | -1 | 1 | 0 |
| 31 Jul 16 | 0 | -1 | 1 | 0 |
| 30 Apr 16 | 0 | -1 | 1 | 0 |
| 31 Jan 16 | 0 | -1 | 1 | 0 |
| 31 Oct 15 | 0 | -1 | 0 | 0 |
| 31 Jul 15 | 0 | -1 | 0 | 0 |
| 30 Apr 15 | 0 | -1 | 0 | 0 |
| 31 Jan 15 | 0 | -1 | 0 | 0 |
| 31 Oct 14 | 0 | -1 | 1 | 0 |
| 31 Jul 14 | 0 | -1 | 1 | 0 |
| 30 Apr 14 | 0 | -1 | 1 | 0 |
Quality Earnings: ASE is currently unprofitable.
Growing Profit Margin: ASE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ASE is unprofitable, and losses have increased over the past 5 years at a rate of 52.3% per year.
Accelerating Growth: Unable to compare ASE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ASE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.7%).
Return on Equity
High ROE: ASE has a negative Return on Equity (-106.27%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:34 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/01/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Asante Gold Corporation is covered by 6 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.
| Analyst | Institution |
|---|---|
| Kevin Mackenzie | Canaccord Genuity |
| Carey MacRury | Canaccord Genuity |
| Michael Fairbairn | Canaccord Genuity |