Asante Gold Past Earnings Performance
Past criteria checks 0/6
Asante Gold's earnings have been declining at an average annual rate of -86.8%, while the Metals and Mining industry saw earnings growing at 28.1% annually. Revenues have been growing at an average rate of 93.9% per year.
Key information
-86.8%
Earnings growth rate
-80.0%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | 93.9% |
| Return on equity | -3,119.9% |
| Net Margin | -44.9% |
| Last Earnings Update | 31 Oct 2023 |
Revenue & Expenses BreakdownBeta
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 23 | 557 | -250 | 38 | 0 |
| 31 Jul 23 | 542 | -270 | 44 | 0 |
| 30 Apr 23 | 407 | -224 | 40 | 0 |
| 31 Jan 23 | 275 | -177 | 50 | 0 |
| 31 Oct 22 | 116 | -106 | 38 | 0 |
| 31 Jul 22 | 0 | -45 | 30 | 0 |
| 30 Apr 22 | 0 | -30 | 25 | 0 |
| 31 Jan 22 | 0 | -8 | 7 | 0 |
| 31 Oct 21 | 0 | -8 | 6 | 0 |
| 31 Jul 21 | 0 | -1 | 1 | 0 |
| 30 Apr 21 | 0 | -1 | 1 | 0 |
| 31 Jan 21 | 0 | -1 | 1 | 0 |
| 31 Oct 20 | 0 | -1 | 0 | 0 |
| 31 Jul 20 | 0 | -1 | 0 | 0 |
| 30 Apr 20 | 0 | 0 | 0 | 0 |
| 31 Jan 20 | 0 | -1 | 0 | 0 |
| 31 Oct 19 | 0 | -1 | 1 | 0 |
| 31 Jul 19 | 0 | 0 | 0 | 0 |
| 30 Apr 19 | 0 | -1 | 1 | 0 |
| 31 Jan 19 | 0 | -1 | 1 | 0 |
| 31 Oct 18 | 0 | 0 | 1 | 0 |
| 31 Jul 18 | 0 | 0 | 1 | 0 |
| 30 Apr 18 | 0 | -1 | 1 | 0 |
| 31 Jan 18 | 0 | -1 | 1 | 0 |
| 31 Oct 17 | 0 | -1 | 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 | 1 | 0 |
| 31 Jul 15 | 0 | -1 | 1 | 0 |
| 30 Apr 15 | 0 | -1 | 1 | 0 |
| 31 Jan 15 | 0 | -1 | 1 | 0 |
| 31 Oct 14 | 0 | -1 | 1 | 0 |
| 31 Jul 14 | 0 | -1 | 1 | 0 |
| 30 Apr 14 | 0 | -1 | 1 | 0 |
| 31 Jan 14 | 0 | -1 | 1 | 0 |
| 31 Oct 13 | 0 | -1 | 1 | 0 |
| 31 Jul 13 | 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 86.8% 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 (-22.5%).
Return on Equity
High ROE: ASE has a negative Return on Equity (-3119.93%), as it is currently unprofitable.